• Cash Settlements SME

    Job Locations UK-Edinburgh
    # of Openings
    Position Type
    Permanent Full-Time
  • Role Description

    The Cash Settlement SME is responsible for settling trades from external fund managers and FNZ (UK) Ltd’s clients. Ensuring that all funds are transferred to Client accounts in a timely manner.


    Role Responsibilities

    • To settle all trades rebates or distributions in an accurate and timely manner.
    • Ensure client funds are repatriated to FNZ (UK) Clients on a daily basis.
    • Ensure that all debtor and creditor positions are chased and accurate.
    • Generate and monitor FSA Client Money Calculations for FNZ (UK) and its clients.
    • Manage and maintain the open items for each client to ensure that control accounts are cleared down daily.
    • Support the daily management and development of the team.
    • Take responsibility of the overall control and oversight of the team, to ensure that tasks are complete on time, and that the relevant controls are carried out daily.
    • Monitor and complete payroll with regards to drawdown payments on clients that we own this process for.
    • Ensure that work is delegated among the team to allow for all tasks to be complete on time and accurately.
    • Conduct 1-to-1 coaching with team members in order to ensure continuous development of individuals and the team as a whole.
    • Provide support and advice with regards to more complex issues.
    • Comply with the training and development standards and requirements as outlined in FNZ's T&D Framework, including attainment of the IOC Qualification and demonstration of 34hrs per year of CPD.



    Experience Required

    • Ambitious, driven and harworking
    • Previous experience of Cash Settlements in a investment operations envrinment
    • IOC qulaiifed or working towards
    • Ability to process work quickly and accurate
    • Able work in a challenging and fast paced envrionment

    About FNZ

    FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers. We partner with banks, insurers and asset managers to help consumers better achieve their financial goals. The business has grown rapidly in recent years, as its institutional customers have used FNZ’s platform to improve transparency, choice and drive down long-term costs for consumers of wealth management products across all segments: from mass-market workplace pensions to mass-affluent and high-net-worth clients.

    Today, FNZ is responsible for over £330 billion in assets under administration (AuA) held by around 5 million customers of some of the world’s largest financial institutions, including Standard Aberdeen, Santander, Lloyds Bank, Vanguard, Generali, Barclays, Quilter, UOB, Aviva, Zurich, UBS, BNZ, Findex and FNZC. In total, FNZ partners with over 60 financial institutions across the UK, Europe, Australia, New Zealand and South-East Asia. The company has over 1,400 employees in the UK, Czech Republic, Shanghai, Singapore, Australia and New Zealand.


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