Settlements Analyst

Job Description Job Title: Settlements Analyst Business Unit: Private Bank & Wealth Management Location: Glasgow Reporting to: Team Lead About the Role This position is within a leading wealth management and private banking environment, providing a range of investing, banking, and lending products alongside expert advice. The Settlements Analyst will be responsible for the day-to-day Back Office processing of settlements, supporting Front Office teams, and ensuring operational risk is minimised through strong process execution and adherence to market and regulatory requirements. Key Responsibilities Match internal trade records against market/broker execution data and follow up on unmatched data with Front Office, Middle Office, and/or execution brokers.Pre-match settlement instructions with clients' custodians.Send out settlement instructions to custodians and follow up on unmatched instructions or failed trades.Send trade confirmations.Project funding requirements and request funding if necessary.Send FX confirmations to correspondent banks and execute payments accordingly.Resolve cash and security breaks.Build a strong knowledge of domestic and local markets.Apply knowledge of collateral and margins.Perform operational controls relevant to the above processes.Respond promptly to requests from Front Office, Middle Office, and external counterparties.Suggest improvements to Back Office processes.Assist in and test the release of new information systems.Ensure that policies, procedures, best practices, and objectives set by management are followed.Carry out other relevant ad-hoc duties assigned by management. Skills and Experience Required Minimum 2 years' experience in Back Office settlements within wealth management, private banking, or investment banking.Knowledge in Fixed Income bond settlement and products such as CDs, ECPs, and new issues settlement.Proficiency in SWIFT messages desirable.Excellent attention to detail, organisational, and communication skills.Ability to manage multiple deadlines and prioritise effectively in a fast-paced environment.Team-oriented with a proactive and analytical mindset.Good knowledge of MS Office applications. Education & Certifications Degree-level education or equivalent experience in Finance, Economics, or a related discipline desirable but not essential.Professional qualifications (eg, CISI Investment Operations Certificate) desirable but not essential.

Created: 2025-08-16