Junior Investment Operations Specialist

**Introduction**

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses.

**Role Purpose**

To take responsibility for all Investment Operational and Trade settlement related support activities within the Balance sheet Management’s Back Office team. To ensure timely and efficient document processing and execution of operational procedures to support front office trading activity dealing mostly with Fixed Income products such as (interest rate derivatives, structured notes, equity, derivatives, credit derivatives, option derivatives, exchange traded futures, FX, Money Market instruments etc. and Exchange Traded Bonds).

**Requirements**:

- Bachelors degree or Diploma in Banking or Finance would be advantageous
- Minimum 2 years of operational experience in Banking and/or Financial Services Industry, with specific focus on complex derivatives/structured products, settlements and confirmation processes

**Duties & Responsibilities**

Process
- To ensure financially traded investment transactions and settlements are validated and any exceptions are investigated and resolved with the Front Office and Middle Office on a timely basis
- To ensure accurate and timely confirmation of Front Office trades/transactions and settlements
- To perform control function over daily settlements movements, ensuring accuracy and completeness of all payments prior to release for automated settlement
- To verify that all payments and receipts have been accounted for on the bank and nostro accounts
- Perform daily cash reconciliations and investigate and resolve all cash breaks
- Perform daily Script and position reconciliations and investigate and resolve all script breaks
- Providing continuous input towards detecting defects and streamlining the system and control processes
- Stay relevant and up to date with legislations and new development

Finance
- Ensure effective risk management of operational functions to avoid financial losses
- Maintain effective management of transactional costs
- Effective settlement of trades and reconciliation of in-house bank accounts
- Assisting with the annual Statutory Audits requests

Client Services
- To effectively work with internal and external stakeholders in resolving issues and exceptions in confirmation, settlement or reconciliation of trades and positions
- Ensure service excellence by providing guidance and support to internal clients (business units)
- Adhere to SLA agreements

People
- Support effective teamwork
- Contribute to a friendly co-operative climate in working with others to achieve collective goals.
- Maintain a positive attitude and respond openly to feedback.
- Handle stress in ways that do not negatively impact others.
- Engage with appropriate training interventions to promote own professional development
- Actively live the company values in all activities

**Competencies**
- Ability to work under pressure
- Willingness to learn
- Effective interpersonal skills
- Confident and ability to multi-task
- Attention to detail
- Time management skills
- Ability to adapt to change
- Very good product knowledge of interest rate derivatives, structured notes, equity derivatives, credit derivatives, option derivatives, exchange traded futures, FX, Money Market instruments etc. will be advantageous
- Proficient with Microsoft Excel, Murex or other Fixed Income Investment system will be beneficial
- Trading Platforms and cash reconciliation software (accurate, Duco, Intelli-match or similar platforms) experience will be beneficial