Credit Controller

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Job Description

                                                           Overall Job Purpose

The primary purpose of the role is to manage the settlement process of all trades along with processing settlement queries that arise both internally & externally relating to trade settlement. The role will also deal with production of contract notes, reconciliation of cash and stock accounts, processing of corporate actions and other control processes to ensure correct settlement of all trades.


                                                       Key Duties and Responsibilities

·         Monitor & manage the progress of each trade to ensure trades settle efficiently and accurately through our in-house system Portfolio Trader and through the Citibank systems, FundSettle and CIS

·         Input of trade processing/verification on Citi Direct for securities

·         Verification of trade details against client/dealer instructions

·         Reconciliation of rebates received to include management of outstanding receipts/statements

·         Timely resolution of queries received from both internal and external contacts both verbally and in writing in a professional manner. Demonstrating the ability to investigate and resolve issues logically and effectively

·         Manage corporate action notifications, liaise with clients/our custodian/fund houses to ensure all corporate actions are reflected correctly on our system

·         Monitor stock transfers with fund houses and custodian to ensure timely settlement

·         Daily communication with fund houses to ensure timely receipt of deal confirmations (via e-mail/phone/ fax)

·         Accurately record & update trade details on ICON

·         Preparation and completion of daily cash reconciliations on multi-currency accounts

·         Management of reconciliations with emphasis on investigating and clearing break items

·         Execute controls that are held within the team and challenge discrepancies

·         Timely completion of work allocated by your Supervisor in an accurate fashion and within agreed deadlines

·         Ensure all work carried out to agreed quality standards

·         Communicate directly with your team members and other Teams to ensure customer satisfaction is achieved through co-operation 

·         Be familiar with and adhere to all corporate policies and procedures including the HR Manual and the Clear Desk policy

·         Ensure completion of all regulatory training within agreed timeframe

·         Focus on continuous improvement to identify any issues or weaknesses in procedures and react positively to ever-changing business demands

·         Perform the role of a “Buddy” to assigned new Administrators in the team, providing training, support and guidance as required

                                                Knowledge / Skills / Qualifications required             


·         A minimum of 2 Years relevant experience in Financial Services

·         A relevant 3rd level qualification and/or Professional qualification desirable

·         Experience of stock/cash reconciliation’s and custody operations

·         Knowledge of security types and Fund manager operations

·         Experience in Corporate action processing and communications

·         Knowledge of Fundsettle/Crest/Euroclear/Cedel

·         High attention to detail and promote a “right first time” ethos

·         Experience in Microsoft Office

·         Good time management skills

·         Professional use of email and the telephone with excellent communication skills



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