Equities Settlement Analyst

The Settlement Analyst manages equity settlement activities within the Equity Operations function across multiple books, ensuring smooth and efficient settlements and effective management of exposure. The role focuses on cash equity products, covering markets including the UK (CREST), Europe, North America, South Africa and selected Asian/Pacific markets. You will work closely with trading desks, clients and internal operational teams to ensure accurate trade matching, timely settlement and robust reconciliation of stock and cash positions in a fast-paced environment.

Responsibilities

• Manage equity settlements in a dynamic, fluid environment, ensuring trades settle accurately and on time across multiple markets and entities.
• Oversee cash payments and processing, including providing funding assistance to support daily trading and settlement activities.
• Perform daily stock and cash reconciliations, reviewing and resolving reconciliation items promptly to minimise breaks and operational risk.
• Monitor and manage trade matching, settlement and fails processes, particularly in the USA and Canada, taking proactive action to reduce fails and exposure.
• Troubleshoot issues related to international settlements and cash management, identifying root causes and implementing effective resolutions.
• Liaise closely with traders, counterparties, clients and other banking groups to ensure trade details are accurately matched and all trade instructions are in place.
• Communicate clearly and concisely with internal and external stakeholders, providing updates on settlement status and resolving queries as they arise.
• Collaborate with FX and Money Markets teams where required to support funding, currency flows and related settlement activities.
• Work with teams in the USA and Canada to coordinate cross-border settlements and resolve any issues impacting trade completion.
• Exercise sound judgement in issue resolution relating to settlements, collateral and reconciliations, escalating matters appropriately when necessary.
• Contribute to maximising settlement efficiency and minimising unnecessary exposure to operational risk through diligent oversight and continuous process improvement.
• Support team coverage by contributing to a cohesive working environment and ensuring that key functions are always adequately covered.

• Undergraduate degree in finance, accounting, economics or another numerate subject.
• Business knowledge and experience in the finance or banking industry.
• Strong knowledge of trade matching, settlement and fails processes, particularly in the USA and Canada.
• Broad market knowledge covering CREST and European markets (including Spain), South Africa, Canada, the USA and some Asian/Pacific markets.
• experience in reviewing and resolving stock and cash reconciliation items on a daily basis.
• Mainly cash equity product knowledge, with the ability to apply this in a practical operational environment.
• Strong attention to detail with the ability to work accurately under pressure in a fast-paced environment.
• Strong interpersonal skills, with the ability to build effective working relationships with traders, clients and internal stakeholders.
• Good working knowledge of Microsoft Excel for data analysis and reporting.
• Analytical thinking and proven problem-solving skills, particularly in relation to settlements and reconciliations.
• Solid writing and documentation skills to record processes, issues and resolutions clearly.
• Clear and concise communication skills, enabling effective collaboration with other banking groups and desks.
• Ability to work effectively as part of a busy team while also taking ownership of individual tasks as required.
• Ability to troubleshoot issues relating to international settlements and cash management.
• Capability to identify, resolve and, where appropriate, escalate problems in a timely manner.
• Good client communication skills to work daily with clients, ensuring trade details are matched and trade instructions are in place.

• Knowledge of trade matching, settlement and fails processes across multiple markets beyond North America.
• Familiarity with CREST and other market infrastructures used for equity settlements.
• System knowledge of Gloss, NEOLINK, HSBC cash systems, CITIBANK platforms and CREST is desirable.
• Exposure to other financial instruments in addition to cash equities is an advantage.
• experience working in hybrid teams and coordinating with cross-border groups such as USA and Canada-based teams.

You will join a collaborative operations function that values accuracy, accountability and teamwork, offering the opportunity to work across a broad range of global equity markets. The hybrid working model supports a balanced approach to office and remote work, enabling meaningful collaboration with colleagues while maintaining flexibility. You will have exposure to multiple products, systems and international teams, providing a strong platform for professional growth in capital markets operations.

Work Environment

The role sits within an Equity Operations environment that supports trading activities across multiple global markets, with a primary focus on cash equities. You will work with a range of operational and market systems, including CREST and tools such as Gloss, NEOLINK, HSBC cash systems and CITIBANK platforms, as well as Microsoft Excel for daily analysis and reconciliation tasks. The position operates within a hybrid working model, combining time in the office for collaboration and connection with colleagues with periods of remote working, in line with business group expectations. The environment is fast-paced and deadline-driven, requiring careful attention to detail, effective communication and a strong team-oriented approach.

Trading as TEKsystems. Allegis Group Limited, Maxis 2, Western Road, Bracknell, RG12 1RT, United Kingdom. No. 2876353. Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and Employment Businesses Regulations 2003. TEKsystems is a company within the Allegis Group network of companies (collectively referred to as "Allegis Group"). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants and The Stamford Group are Allegis Group brands. If you apply, your personal data will be processed as described in the Allegis Group Online Privacy Notice available at https://www.allegisgroup.com/en-gb/privacy-notices.

To access our Online Privacy Notice, which explains what information we may collect, use, share, and store about you, and describes your rights and choices about this, please go to https://www.allegisgroup.com/en-gb/privacy-notices.

We are part of a global network of companies and as a result, the personal data you provide will be shared within Allegis Group and transferred and processed outside the UK, Switzerland and European Economic Area subject to the protections described in the Allegis Group Online Privacy Notice. We store personal data in the UK, EEA, Switzerland and the USA. If you would like to exercise your privacy rights, please visit the "Contacting Us" section of our Online Privacy Notice at https://www.allegisgroup.com/en-gb/privacy-notices for details on how to contact us. To protect your privacy and security, we may take steps to verify your identity, such as a password and user ID if there is an account associated with your request, or identifying information such as your address or date of birth, before proceeding with your request. If you are resident in the UK, EEA or Switzerland, we will process any access request you make in accordance with our commitments under the UK Data Protection Act, EU-U.S. Privacy Shield or the Swiss-U.S. Privacy Shield.