Investment Administrator – Settlements

Job Description

Duties include:

Take responsibility for the resolution of client queries within agreed timescales

Record errors for further analysis to prevent reoccurrence

Follow documented procedures and recommend changes where necessary to ensure ongoing improvement within the department

Ensure that outstanding reconciliation items are investigated and cleared within agreed timescales

Assist with the collection of the quarterly DFM and platform prices ensuring that any differences outside the agreed tolerance are fully investigated and resolved within the approved timescales

Receive / chase and input all deal confirmations and contract notes within agreed procedures and timescales to ensure that trades settle within deadlines and do not incur late fees

Input all Investment related transactions accurately in line with system access rights ensuring that all input is checked in accordance with agreed procedures

Correctly allocate all nominee funds received in line with agreed procedure and reconciliation guidelines

Administer cash and stock settlements to ensure they are made in a timely and accurate manner in line with the authorisation matrix and do not incur late settlement fines

Accurately sort and allocate daily post and file all settlement documentation in an accurate and timely manner to maintain record integrity

Chase and complete all outstanding stock transfers