in Glasgow, United Kingdom
Permanent, Full time
Be the first to apply
in Glasgow, United Kingdom
Permanent, Full time
Be the first to apply
As a Barclays Equity Financing Group - Trade Support worker you will provide trade support to the firm's Equity Financing traders in London & Ireland. The support is varied with a high focus on settlement to ensure trades settle on time. This is mid-level position which is new to the Glasgow area although there is a wider UK network based in London. This would provide a lot of opportunities for growth and progression and there would be a lot of independent working due to the nature of the work.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity - helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.

What will you be doing?
• Monitor and intervene where necessary to ensure the timely settlement of high value & record date SBL trades
• Liaising with Traders, TCU, Settlements & Counterparts
• Use vendor systems (Equilend & Pirum) to identify trade mismatches
• Work closely with colleagues in MO to ensure trades are collateralised to enable settlement
• Manage rejected SBL returns in Equilend & Pirum
• Advising trading and/ or TCU of required amendments
• Be responsible for driving EMEA fails down; feed into the CSDR working program
• Identify trends on late settlements/ fails

What we're looking for:
• SBL experience from a top tier investment bank in a trade support
• Good understanding of Cash Security trade lifecycle, from initial trade execution through the settlement and post-settlement events
• Sound knowledge of Equity settlements, including Trade flows, Buy-Ins, Settlement Cycles of Major European Markets and Euroclear
• General understanding of CSDR regulations taking effect in February 2022

Skills that will help you in the role:
• Good working knowledge of Global1, Pirum & Equilend would be preferable
• Ability to crunch & analyse large volumes of data
• Cash / Non Cash / Triparty collateral management experience

Where will you be working?
We've been in Scotland for 250 years, and our significance has never been as important as it is today. You can find Tay House nestled in a fantastic central city location, a short walk from both Central and Charing Cross train stations, and not far from Sauchiehall Street and Argyll Street, two of the city's main shopping hubs. We're committed to giving everyone the opportunity to thrive at Barclays, investing in our people, communities, and facilities - highlighted by our new state-of-the-art campus opening soon in the city centre.
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