Settlements Administrator

Job Title: Settlements Administrator

Location: Leeds

Salary From: £28,400

Who we are:

interactive investor is an award\-winning investment platform that puts its customers in control of their financial future. We’ve been helping investors for nearly 30 years. We’ve seen market highs and lows and been resilient throughout. We’re now the UK’s number one flat\-fee investment platform, with assets under administration approaching £75 billion and over 500,000 customers.

For a simple, flat monthly fee we provide a secure home for your pensions, ISAs and investments. We offer a wide choice of over 20,000 UK and international investment options, including shares, funds, trusts and ETFs.

We also bring impartial, expert content from our award\-winning financial journalists, highly engaged community of investors, and daily newsletters and insights.

Purpose of the role:

We are recruiting for an Administrator to join our Settlements Team. This role is responsible for effective processing of tasks, that will include timely investigation and resolution of stock and cash exceptions within Accurate, completing third party funding and ensuring prompt settlement of sale and purchase related transactions.

This role will also include building good relationships with both internal departments and external stakeholders; with opportunities for development.

Requirements Key Responsibilities

• Manage internal and external Cash and Stock exceptions by updating the reconciliations database with standard narratives, maintaining a complete audit trail


• Ensure timely settlement of UK and International trades and transactions


• Liaise with market makers to ensure stock is actively chased and secured for timely delivery


• Complete daily reconciliation and third party funding


• Adherence to the regulations that apply to the area that you are working in


• Responsible for the processing of all departmental administration tasks, with a high degree of accuracy


• Continually and appropriately challenge policy, processes and procedures, recommending improvements to increase efficiency and improve quality.


• Updating and continually reviewing the procedures


• Work as part of a team, supporting colleagues and promoting a positive work environment and team spirit


• Confident in delivering an efficient, consistent and high\-quality service


• Ability to move between tasks as business needs require


• Maintain the organisation’s first line of defence by ensuring individual adherence to business processes and procedures that are designed to meet the regulatory standards set out in the relevant FCA rules and guidance


• Make informed risk decisions and effectively and credibly debate and challenge management recommendations within your role in line with the approved Risk Management Framework


• Understanding Risk via training and documentation available and investigating risk events when needed.

Skills and experience

• Advanced ability to work in an environment which requires a high level of accuracy


• Advanced organisation skills to manage completion of daily tasks and meet deadlines


• Advanced communication skills (written and verbal) – ability to build rapport with colleagues and third parties across all communication channels, maintain calm during pressurised situations, and share information in a clear and logical manner


• Advanced problem solving skills


• Advanced enthusiasm and willingness to learn new tasks


• Advanced flexibility to move between different tasks at short notice


• Ability to work unsupervised


• High degree of PC literacy – navigate a broad range of internal systems, ability to create Excel spreadsheets and formulae


• Use the training and competence scheme to maintain the appropriate knowledge, skills and expertise to carry out the role competently, including the timely completion of all mandatory and recommended Training.


• Provide Management Information as and when required


• Knowledge of the regulatory environment and associated risks that require managing


• Knowledge of the Financial Services Sector – specifically Wealth Management


• Knowledge of the regulatory and legislative environment and associated risks that require managing


• Understand the principles of Treating Customers Fairly


• Understand the principles of Training and Competence


• Understand the key drivers of Client Loyalty within a retail environment

Understand FCA rules in particular CASS rules

• Benefits


• Group Personal Pension Plan – 8% employer contribution and 4% employee contribution


• Life Assurance and Group Income Protection


• Private Medical Insurance – Provided by Bupa


• 25 Days Annual Leave, plus bank holidays


• Staff Discounts on our investment products


• Personal \& Well\-being Fund – Supporting your physical and mental wellness


• Retail Discounts – Savings at a wide range of high street and online retailers


• Voluntary Flexible Benefits – Tailor your benefits to suit your lifestyle

Please Note: We will do our utmost efforts to respond to all applicants. However, due to the high volume of applications we're currently receiving, if you haven't been contacted within 30 days of application, please consider unsuccessful.

interactive investor operates in accordance with the UK Equality Act 2010\. We welcome applications from individuals of all ages, disabilities, gender identities, marital status, pregnancy/maternity, race, religion or belief, sex, and sexual orientation. We are committed to treating all applicants fairly and making reasonable adjustments where needed to support disabled applicants. We actively prevent all forms of discrimination, harassment, and victimisation—whether direct, indirect, associative, or perceptive

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