Officer Operations (Cash & Settlements)

Job Title: Officer Operations (Cash & Settlements)

Role Overview: The Cash & Settlements team is responsible for all transactions & settlement related activities
regarding Equities, Bonds, Repo, Swaps, Futures, FX and Collateral Management. The activities for
FX, Equities and Bonds are highly automated and needs therefore mainly monitoring and exception
processing. Automation and straight through processing for the other asset classes is- and will be
further implemented as well. All these activities have daily deadlines and need to be executed
within the time limits effectively and accurately.
Currently we are looking for an Officer Cash & Settlements whereby the focus will be on Collateral
Management.

Key Responsibilities:
Your prime responsibility will be to ensure that the exposure on OTC Derivatives (Interest Rate
Swaps, Inflation Swaps, Total Return Swaps, Credit Default Swaps, Foreign Exchange) and Repo’s
with the different counterparties, is agreed and that the collateral movements are recorded
correctly in the systems. To avoid unintended losses or exposure, adequate follow up on issues and
Frequent / clear communication with the relevant parties both internal and external is crucial.

Ensure exposures are collateralized by executing the daily margining process.
Close communication with Portfolio Managers regarding Collateral process.
Monitoring of the various interfaces between systems and provide adequate follow up.
Execution of payment instructions
Active participate in (cross) departmental projects.
Actively pursue process improvements.

Skills and Competencies:
Multiple years’ experience in the Asset Management industry, preferably Operations
Minimum HBO level of education
Strong communication and interpersonal
Good written and spoken English and the ability to communicate clearly and professionally
The ability to maintain a strong controls framework, high levels of operational excellence and
straight through processing.
IT literate with at least intermediate/advanced excel spreadsheet skills
Knowledge of Global Custody
Experience with Simcorp Dimension is advantageous.

Job Details:
12 month contract
Full Time
Hybrid

How to Apply:
Send your resume and cover letter

Michael Bailey International is acting as an Employment Business in relation to this vacancy.