Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

As part of Treasury & Trading Operations, the Securities Operations team is comprised of 11 people, across 2 geographical locations, responsible for all post trade functions for the Equity Trading businesses of IBP and IEL. The team manage both Domestic and International settlements. They aim to achieve the maximum STP rate possible, whilst keeping costs low and providing the best possible service to the business and our clients.

What will I be doing?

The primary responsibility of this role is to administer the day-to-day operational functions throughout the complete Trade Lifecycle - Trade Capture, Trade verification, Trade confirmation and allocation, Trade matching and settlement, Bond Borrowing and post settlement of all Equities products traded by Listed Client Group trading desks for Investec Bank PLC and Investec Europe Limited. 

• Fidessa-management of the Middle Office to ensure that confirmations are affirmed by clients from Fidessa via DTCC CTM in timely order.
• Maintaining checking both client and market trades within Rims system are matched in suitable time, minimising risk for desks re any queries.
• Assist with settlement of all transaction Crest, liaising with custodians and client's settlement departments accordingly.
• Settlement of all non-UK transactions, liaising with global custodians in France, Spain and respective client's settlement departments' accordingly.
• Euroclear settlement in firms own accounts.
• Monitoring all rejected swift settlement messages and correcting SDI information for accounts on a day-to-day basis and clearing/resolving accordingly.
• Arranging cross border deliveries of fungible stocks including breaking of Dual listed securities, ETF's and ADR's as required.
• Agree split and make up with market counterparties as required to maximise delivery.
• Monitoring and funding the daily cash balances with global custodians paying and withdrawing funds.
• Fidessa – data management of FDM to ensure all client and stock static data is up to date and correct.
• Assist and cover the monitoring of failing trades and potential buy ins and arranging borrow to cover accordingly for Crest/Euroclear or Global domestic settlement.
• Cover settlement and input of DBV to reduce funding requirement for settlement activity.
• Client & instrument static data maintenance. Using interactive data & alert.
• Complete various daily morning and EOD reports and reconciliations.
• Liaise with on-boarding, trading desk & clients re issues in the account opening process and setting up new parent and child accounts in Operational systems.
• Monitoring all bridges feeding into RIMS for any issues on a day-to-day basis and clearing/resolving accordingly.

What are we looking for?

Technical knowledge:

• Knowledge of Equity processes, Middle and Back office
• Product knowledge required: All Equities with specific ETF experience

Skills:

• Ability to perform in a pressurised environment
• Problem solving and judgement
• Diligent approach to work, attention to detail
• Intermediate/Advanced Excel skills
• Reconciliations
• Analytical skills
• Process Improvement/Re-engineering
• Relationship Management
• Communication skills
• Risk and Control Management

System knowledge:

• Fidessa, FIS-RIMS, Crest, Euroclear, BNP-Neo Link, Bloomberg, DTCC Platforms - CTM and Alert, Traiana

At Investec, we are committed to fostering a diverse and inclusive workplace where everyone can thrive. In this role, you will be responsible for supporting the day-to-day operations across the full lifecycle of financial transactions. Your work will involve capturing, verifying, and confirming transactions, as well as coordinating with both internal teams and external partners to ensure that settlements are completed efficiently and any queries are resolved promptly. You will also play a key part in maintaining accurate client and product data, monitoring and reconciling accounts, and preparing essential reports. We look for dynamic, energetic people filled with tenacity, integrity and out of the ordinary thinking. We value individuals who in turn value our culture; that is, a can-do attitude while challenging convention. Diversity, competency and flexible leadership are respected in pursuit of the growth of our business.

Please note some flexibility on hours will be needed at times including working some UK bank holidays.

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme 

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.