Purpose of the Job / Mission / Objectives
The successful candidate will work as part of the Quintet Wealth Management business. The main purpose of the role is to be part of the Operations Team that is responsible for a variety of tasks like for example: Client payments, corporate actions, settlements, client control, middle office and further tasks.
Key accountabilities:
Client control:
- Opening, adjustment and closing of client relationships
- Storage and care of customer dossiers
- Settlement/monitoring and adjustment of stock exchange derivative and brokerage orders
- Settlement of fiduciary investments in different currencies
- Title deliveries at home and abroad (free of payment and against payment)
- Handling of corporate actions (dividends, splits, nominal value repayments, general meetings, conversions and others)
- Customer payments in all currencies
- Liquidity management of the various currencies at the correspondent banks
- Settlement of securities lending and borrowing (including administration of collateral)
- Registered shares (registrations and withdrawals)
- Opening of new custodians, brokers and DVP clients
- Electronic reconciliation of custodians and correspondent banks (securities and cash-accounts)
- Manual reconciliation of custodians (hedge funds, private equities)
- Electronic reconciliation in external portfolio management system (movements, accounts, holdings) of all clients held with Quintet and other custodian banks
Knowledge / Experience:
3+ years of experience in the required areas.
Deep understanding of booking mechanics of cash equities, equity derivatives, bonds, funds and fx
Trade lifecycle management
Experience with private equity and hedge funds is a plus
Attributes / Qualities:
Fast receptive capabilities
Networked thinking
Dynamic and flexible
Loadable
Technical Skills
Strong analytical and computer skills with demonstrated proficiency is a significant plus
Language Skills
English (fluent / advanced)
Fluency and/or working knowledge of German would be an advantage