Settlements Specialist Settlements Specialist …

Berenberg Bank
in London, United Kingdom
Contract, Full time
Last application, 01 Dec 21
Berenberg Bank
in London, United Kingdom
Contract, Full time
Last application, 01 Dec 21

Berenberg was established in 1590, and today we are one of Europe’s leading privately owned banks, focusing on four business divisions: Wealth & Asset Management, Investment Banking and Corporate Banking. The Hamburg-based bank is run by managing partners and has a strong presence in the international financial centres of London, Frankfurt, New York and Zurich. More than 1,500 professionals are delivering a modern and efficient service, while maintaining a firm connection with our heritage and traditions. Our corporate culture is characterised by close ties to our clients, innovation and a commitment to forging lasting partnerships.

Our Transaction Services team is looking to develop and build upon its global team here in London and is looking to hire a Settlements Specialist to support an ever growing equities team.


Settlements Specialist - Securities, London

Your responsibilities:

  • Work with Trading desks to resolve trade booking discrepancies on a timely basis to meet SLA’s.
  • Monitor intraday Custodian Settlement Pre-Matching Reporting
  • Monitor daily Custodian/Broker failed trade reporting
  • Monitor and escalate aged fails where appropriate.
  • Resolution of Portfolio Management and Trade related queries
  • Undertake regular risk analysis of departmental processes and procedures
  • Undertake project work at the direction of team manager.
  • Responsible for the instruction and settlement of Leveraged Loans and the management of all life cycle activities until maturity


Your profile:

  • 2+ years experience within a securities settlements function
  • As a specialist in equity securities, you are familiar with the entire settlement process in the UK Crest market.
  • Experience of Euroclear settlement and the associated processes desirable.
  • Back-Office experience of high volume Market Making/RSP trading.
  • Excellent Stock and Cash reconciliations experience
  • Must be proactive and have the ability to communicate and interact with the trading desks, as well as our counterparties, customers and depositories.
  • Good understanding of cash management as part of the settlement process
  • Manage the processing of Securities Lending
  • Knowledge of Corporate Actions and Reconciliations desirable
  • Review and clearing of any cash/stock breaks within designated timescales.
  • Understand and identify trade discrepancies and risk optimization in the trading cycle
  • Have the ability to improve and develop current settlement processes
  • Excellent IT system skills e.g. MS Office. Neolink, Easyway, Fidessa, STM.
  • Must be confident in own ability and have the flexibility to work within a team environment.
  • Be able to work with large volumes and high pressure deadlines


Have we sparked your interest? Then please apply online.


Berenberg · Human Resources ·

60 Threadneedle Street ·



United Kingdom


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