Purpose of the role:
You will be responsible for assisting the Dealing desk in Jersey and provide administration support.
Responsibilities:
- Instruct Delivery Free of Payment with their custodian and follow up settlement with external counterparties
- Dematerialisation of share certificates. Interacting with custodian and core/non-core custodians
- Assist the Dealing team in providing back-office services on trades placed via Lombard Odier (LO) and brokers
- Processing of transfer in and out of cash from pool account to clients. AML understanding and third party payments decision tree resolution
- Assist on all queries in an accurate and timely manner from clients, Group entities and from partner banks
Skills required:
- Relevant professional qualifications (CISI , IAG)
- A minimum of 5 year’s experience in a banking or investment environment an advantage
- Significant experience and knowledge of settlements (DFoP, DVP, CREST DTC, cross-border)
- Strong understanding and experience of FATCA and CRS regulations
- Understanding of the principles in trading equities, funds, FX and cash management and the settlement thereof
- Good understanding of regulations and compliance obligations (KYC and AML) pertaining to an investment business operating in Jersey and regulated by the JFSC