AJ Bell on cord

AJ Bell

Market Settlements Administrator

External position
Manchester, UK
Hiring internally for AJ Bell?
Finance · Investment
We’re on a mission to make you feel good, investing.
Posted
5 days ago
Checked
cord regularly checks that external positions are still open
13 hours ago

Skills & Experience

Job roles: Business Operations
Experience level: Entry, Junior
Core skills considered: Business Analysis, Business development, Business Development Strategy, Customer service, Customer support
Other skills considered: Data Analysis, Excel, Process management, Stakeholder Management, Technical Writing

Logistics

Base salary: £25K - £25K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

As a Market Settlements Administrator, you'll play an important role in making that happen. You'll help ensure trades are settled accurately and on time, money and stock move where they need to, and our regulatory responsibilities are met.

This is an opportunity to build a career in financial services. You don't need previous market settlements experience to apply. We're looking for someone who is organised, curious and comfortable working with detail and deadlines. If you already have experience in financial services or settlements, we'd also love to hear from you and can recognise the knowledge and expertise you bring.

You'll join our Market Settlements team within Custody, working across Crest Settlement and Clearstream Settlement. You'll manage your own workload, work closely with colleagues across AJ Bell and develop a detailed understanding of how investment transactions move through the market.


What you'll do

Keep trades moving

  • Oversee trade records within the back-office system, ensure precise and timely communication of trade instructions to relevant custodians and markets, and address any queries raised by market counterparties, clients, fund providers, or internal teams within AJB.
  • Generate, update, and distribute reports on failing trade positions and risks. Resolve or escalate issues to the Team Leader/Manager.
  • Manage failing trade positions to ensure timely settlement where possible.
  • Monitor and manage Crest Member Accounts to ensure onward delivery of stock.
  • Manage efficient stock flows through the AJB nominee by utilising external reporting tools (Crest GUI, Clearstream, Cofunds Website).
  • Processing certificated stock deposits through the Crest system.

Get the detail right

  • Ensure accurate and timely reporting for MiFID II Transaction Reporting.
  • Instructing cash movements on the online banking systems & identifying/applying incoming payment.
  • Perform root cause analysis on reconciliation breaks and use to implement preventative measures alongside the Team Leader.
  • Handle Stamp Duty/SDRT discrepancies and resolve issues with HMRC.
  • Report any CASS breaches or suspected breaches immediately to the Line Manager.
  • Ensure all relevant procedures are updated and accurate at all times.

Help us improve

  • Support project implementations, fixes and upgrades through testing of software and defining the needs of the team. Ensuring that all processes and procedures are updated in line with systemic implementations.
  • Perform ad hoc tasks as per the business needs as defined by the Team Leader, Market Settlements manager and Head of Custody.
  • Ensure productive working relationships with other teams by coordinating efforts to develop efficient and effective operational processes.

Put customers at the heart of what you do

Although much of this role happens behind the scenes, the work you do has a direct impact on our customers.

You'll follow structured processes to deliver accurate outcomes, while making sure everything you do meets our regulatory responsibilities, including Consumer Duty.

You'll also understand the needs of vulnerable customers, following best practice and documenting the reasonable steps taken to ensure they are treated fairly.


What we're looking for

This role could suit someone starting their career in financial services or someone who already has experience in settlements, custody, banking or investment operations.

Experience and knowledge

  • Previous experience in a financial services administration or operations role is desirable, but not essential.
  • Knowledge of banking payment methods such as BACS, Faster Payments, debit cards and cheques would be useful.
  • Good IT skills, including Word, Excel and Outlook.
  • An understanding of financial markets, settlements or custody would be an advantage, but full training will be provided.

What matters most

  • Excellent attention to detail and a commitment to getting things right.
  • A willingness to learn and develop your knowledge of market settlements and financial services.
  • Strong organisation skills and the ability to manage and prioritise your own workload.
  • Comfortable working to deadlines and following structured processes.
  • Good analytical and problem-solving skills, with the confidence to investigate issues and ask questions.
  • A positive, supportive approach to working with colleagues.
  • Strong communication skills and a commitment to providing excellent service.
  • The ability to work independently when required, while knowing when to ask for help or escalate an issue.
  • A genuine interest in finding better and more efficient ways of working.

Whether you're bringing relevant experience or looking for your next step, we're interested in people who take pride in their work, enjoy learning and understand the importance of getting the detail right.

Company Benefits

  • Competitive starting salary
  • Generous holiday allowance of 25 days, increasing up to 30 days with service, plus bank holidays
  • Holiday buy/sell scheme
  • Hybrid working policy
  • Casual dress code
  • Discretionary bi-annual bonus
  • Contributory pension scheme
  • Buy as you earn share scheme
  • Free shares scheme
  • Paid study support for qualifications
  • Enhanced maternity/paternity scheme from day one
  • Bike loan
  • Season ticket loan portal
  • Discounted PMI and Dental
  • On-site gym and personal trainer led classes
  • Paid volunteering opportunities
  • Free social events and more
Market Settlements Administrator at AJ Bell
Position posted 5 days ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
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