Settlement Officer

Purpose of the Job

Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. Compared to others, we are small (<2,000 employees across European and UK locations) with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth. The successful candidate will work as part of the Settlement team. The main purpose is to contribute handling operational tasks linked Securities transfer Settlement. The settlement officer will be in charge of the settlement of securities transactions free of payment and ensure a timely settlement of the transactions.

Key Accountabilities

• Participates in all activities related to the settlement of free of payment with our counterparties, including the pre-matching and matching of settlement instructions, the transmission of settlement instructions to sub-custodians 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: (BAC +2/3) in Accounting, Banking, Business administration, 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