Settlements Risk Analyst

4 weeks ago


Dublin, Ireland Susquehanna International Group Full time

About Susquehanna Susquehanna is a global quantitative trading firm founded by a group of friends who share a passion for game theory and probabilistic thinking. We have incorporated this approach into our culture, where you will find relentless problem solvers within each of our core disciplines: Trading, Technology, and Quantitative Research. From offices around the world, our employees collaborate to make optimal decisions and are driven by the desire to achieve winning results together.
What we do We are experts in trading essentially all listed financial products and asset classes, with a focus on derivatives trading. Through market making and market taking, we handle millions of trading transactions around the world every day, providing liquidity and ensuring competitive prices for buyers and sellers. While our presence in the market is broad, our trading desks are highly specialized, allowing for a deep understanding of unique drivers of each asset class.
Job Summary You will be primarily responsible for Global Settlements for the Susquehanna European companies. The role involves working closely with traders in a front office environment. You will be required to build an excellent knowledge of the products traded by Susquehanna and also the international markets in which we operate.
This is a superb opportunity for an individual with a keen interest in the financial markets to gain exposure within a true trading environment and further their knowledge.
What you'll be part of: Position & Inventory management – analyse positions across exchanges, entities and PB’s to optimise settlement and cost efficiencies
Ensuring prompt and efficient settlement of all OTC and Exchange Trades across a range of different products such as: Equities, ETF’s, Bonds, Options, with a focus on regulatory and economic impact
Liaison with inter-company departments such as: Securities Lending, Corporate Actions, Technology, Trading Desks and Trade Support to ensure high settlement rate and best service to the traders
Directing the Prime Broker and Direct Electronic Access (DEA) provider’s settlement functions
Settlement risk analysis – manage buy in risk system with traders
Proactively communicate with traders and other relevant parties to quickly and efficiently manage critical trades which may result in buy in, CSDR fines or funding impacts
Analyse impact on trading from interest claims, CSDR, fails and recommend changes to mitigate impact to business
Develop good relationships with Prime Brokers, Execution Brokers and clients
Compilation and analysis of monthly management reports on trading volume, dividends, interest claims, buy-in notices, trade fails and PnL impact
Research and analysis into new markets/products/regulatory changes. Particular focus on upcoming EU regulations over next few years.
Project work directly relating to trading desks activities
What we’re looking for: 3rd level degree, preferably in a business or 2+ years of finance related discipline is desirable
Attention to detail and good organizational skills are essential
Ambitious and self-motivated, not afraid to ask questions and use own initiative
Knowledge of and an interest in financial markets
Aptitude for using technology and improving efficiencies – experience in SQL/Python an advantage
Strong communicator (verbal and written)
Strong customer focus
Effective problem solving and analytical skills; including effective troubleshooting in a fast paced, time critical environment
Ability to work under pressure and multi-task

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