PGIM Fixed Income | Associate Manager, FI Trade Management
Prudential Financial
- London
- Permanent
- Full-time
- Ensure the timely and efficient settlement of trades
- Liaising with Brokers and Custodians to ensure timely settlement of trades
- Fails Management – Investigating and resolving queries to facilitate settlement
- Reviewing and follow up on Broker and Custodian unmatched/fails reports
- Maintaining and updating SSI’s on ALERT
- Close interaction with the Trade Desks, US Trade Operations and Product Support teams
- Process and coordination of wires for Japanese accounts
- Investigate Interest Claims
- Assist with Broker & Custodian feedback/meetings
- Wide range of problem solving and issue resolution
- Evaluating processes, suggesting improvements and implementing efficiencies
- Gathering and analyzing data to assist with key metric reporting
- Monitoring and/or creating daily reports
- CSDR related processing
- Ad hoc settlement related tasks
- Assume ownership for any operational issues that occur as a result of a post trade event and escalate to the appropriate parties to resolve
- Cross train with other operations associates in order to provide appropriate back-up coverage
- Help develop and maintain departmental policies, guidelines, and procedures
- Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies.
- Anticipating issues that may adversely affect operational support and taking action to reduce the risk of occurrences
- Cultivating both internal and external relationships to ensure proper service levels are achieved for each fund supported
- Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes
- Communicating operational support changes and initiatives to all impacted areas of PGIM
- Thoughtfully assess and manage risk. Identify trends/reoccurrences and implement practical solutions to mitigate control weaknesses and inefficiencies
- Leverage operational knowledge to increase efficiency surrounding trade room activities.
- Support broader trade room support initiatives (i.e. Branding, Community Leadership)
- Assist with projects and supply technical expertise.
- 7+ years Fixed Income Settlements experience
- Some Management/Oversight of function experience
- Thorough knowledge of Fixed Income’s bond settlements and operational support requirements
- Strong understanding of the trade life cycle
- Ability to develop and cultivate relationships across all staff levels
- Analytical and problem-solving skills
- Strong Attention to details
- Self-motivation and ability to work within a team environment
- Excellent written and verbal communication skills
- Works well as part of a team
- Ability to organize, prioritize tasks and work in a deadline oriented environment
- Willingness and ability to learn and train others.
- Knowledge of Euroclear, Clearstream, DTC, Fedwire, Crossborder/Domestic, Alert
- Skills in: Aladdin and Excel Macro’s a plus
- Knowledge of the asset management industry
- Develop industry knowledge through continuous learning