Settlement & Invoicing Administrator (m/f). Luxemburgo

The successful candidate will work as part of the Transaction Processing Client team. The main purpose is to contribute handling operational tasks linked Securities (Equities / bonds / funds / ETF / …). The main purpose is to perform day to day tasks linked to Securities Invoicing and Settlement in relation to our clients (Private clients / Institutional clients / Branches and affiliates). The settlement officer will be in charge of the invoicing and settlement of securities transactions versus payment, ensure a timely settlement of the transactions and the follow-up of the cash aspects (payments and reimbursements).

Key Accountabilities

    Participates in all activities related to the settlement of securities operations done through our Execution desk, including the pre-matching and matching of the execution instructions, the invoicing of the client and market sides, the transmission of settlement instructions to sub-custodians, the follow-up of the payment subscription, the reimbursements and the chasing of counterparties in case of missing settlement confirmation

    Ensuring the accuracy, timeliness and completeness of all transactions

    Follow up failed transactions and justify all pending trades, ensures in due time the relevance of explanations linked to discrepancies and that the gaps observed are resolved

    Works closely with other banking services in order to respect the delivery deadlines and respond effectively to clients' requests

    Ensuring a relevant escalation process when required for risk mitigation, provide investigation especially in case of sensitive/risky items with potential financial impact

Knowledge and Experience

    Bachelor Degree in Accounting, Banking, Business administration or Economics

    Very good understanding of market rules and regulations in settlement industry, cut-off

    Good knowledge of financial products, SWIFT, Markets

Attributes and Qualities

    Being reliable, responsible, autonomous and fulfilling obligations on time

    Collaborative and supportive team player

    Ability to work in a fast-paced environment and operate under pressure

    Willing to deliver high standards of service to our clients

    Ability to quickly pick up new systems and processes

    Ability to structure and prioritize tasks

Technical Skills

    Swift, Good command of MS-Office package is essential

Languages Skills

    Fluent in English and French