Broker Dealer Operations Analyst - Europe

AllianceBernstein ,
London, Greater London
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Job Description

Company Description: AB is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AB employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies, and alternative investments, and, through its subsidiaries and joint ventures, operates in more than 20 countries. AB's research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AB is well-positioned to tailor investment solutions for its clients. AB also offers independent research, portfolio strategy and brokerage-related services to institutional investors. PURPOSE OF THE JOB + Responsible for completing all of the following tasks in a timely manner: Oversight of Offshore team for pre-matching & Settlement of both Client & Market Side Transactions, Equities & FX. Oversight for Fails Management Oversight for Funding Oversight for Corporate Action Processing Claims Management - Interest & Dividend Segregation of Client Money end of day check Oversight for Determine, request and book Stock Loans and fails Coverage New loans and Returns Monitoring and query investigation of cash and stock reconciliations outsourced to BPO. Oversight for TE exceptions monitored & actioned daily. Resolve escalation queries and problems raised by Offshore team ACCOUNTABILITIES + Ensure Offshore team pre-match & settle all transactions in a timely manner + Ensure Offshore team settle all failed trades as soon as possible + Ensure Offshore team create spreadsheet of funding requirements for settlement of all transactions + Oversee and provide SME expertise to investigate & resolve any discrepancies raised by the Offshore team for Stock & Cash Reconciliations. Provide daily approval and sign off. + Monitor, investigate & resolve Corporate Action issues on a daily basis. + Investigate or initiate, monitor & settle all claims in a timely manner + Ensure Offshore team segregate all Client Money within appropriate time frames as per SCBL Client Money procedures + Oversight for stock loan/return requirements and process on receipt of authorisation + Ensure Offshore team monitor and action all TE exceptions relating to Settlements daily + Liaise with Middle Office/Traders to investigate & resolve any unmatched or failed trades + Maintain good working relationships with clients, brokers, clearing agents & all internal departments Projects - As SME act in the capacity of business analyst &/or project lead where appropriate + Working knowledge of European Equity settlement (including UK) and Middle East/Emerging markets. + Key Skills + Ability to work well within a team + Good understanding of systems and PC skills + Written & verbal communication skills + Analytical & problem solving skills + Time management + Business analytics & project management skills + Ability to work proactively without direct supervision; under pressure and to tight deadlines Requisition ID: 2020-7095 External Company Name: AllianceBernstein External Company URL: Street: 50 Berkeley Street

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