Market Settlements Administrator
Company
Location
Manchester, England, United Kingdom
Posted At
5/12/2025
Advertise with us by contacting: [email protected]
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Description
Job Description
We are recruiting a Market Settlements Administrator to join our team of administrators. Responsibilities include ensuring accurate administration of trade settlements, regulatory reporting to the FCA, and management of certificated deposits.
Market Settlements is a department within the Custody division, consisting of two teams: Crest Settlement and Clearstream Settlement. The administrator is expected to manage their assigned workload, perform intraday task management, and collaborate effectively with colleagues to ensure the team's tasks are completed efficiently. As an operations role, it is crucial that the process is executed to a high standard to ensure the ongoing success of AJ Bell.
What does the job involve?
AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone, from professional financial advisers to DIY investors with little to no experience. We have over 593,000 customers using our award-winning platform propositions to manage assets totalling more than £90.4 billion. Our customers trust us with their investments, and by continuously striving to make investing easier, we aim to help even more people take control of their financial futures.
Having listed on the Main Market of the London Stock Exchange in December 2018, AJ Bell is now a FTSE 250 company.
Headquartered in Manchester with offices in central London and Bristol, we now have over 1,500 employees and have been named one of the UK's 'Best 100 Companies to Work For’ for six consecutive years and in 2025 named a Great Place to Work®.
At AJ Bell you can expect a friendly working environment with a strong sense of teamwork, we have a great sense of pride in what we do, and this is reflected in our guiding principles.
Our perks and benefits:
At AJ Bell, our people are the heart of our culture. We believe in building strong connections by working together. That's why we offer a hybrid working model, where you’ll spend a minimum of 60% of your working time per month in the office. For new team members, an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.
AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.
We do not discriminate based on race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit and business need.
If you like the sound of the above or just want to know more about the company and the role, we'd love to speak to you.
We are recruiting a Market Settlements Administrator to join our team of administrators. Responsibilities include ensuring accurate administration of trade settlements, regulatory reporting to the FCA, and management of certificated deposits.
Market Settlements is a department within the Custody division, consisting of two teams: Crest Settlement and Clearstream Settlement. The administrator is expected to manage their assigned workload, perform intraday task management, and collaborate effectively with colleagues to ensure the team's tasks are completed efficiently. As an operations role, it is crucial that the process is executed to a high standard to ensure the ongoing success of AJ Bell.
What does the job involve?
- Oversee trade records within the back-office system, ensure precise and timely communication of trade instructions to relevant custodians and markets, and address any queries raised by market counterparties, clients, fund providers, or internal teams within AJB.
- Generate, update, and distribute reports on failing trade positions and risks. Resolve or escalate issues to the Team Leader/Manager.
- Manage failing trade positions to ensure timely settlement where possible.
- Monitor and manage Crest Member Accounts to ensure onward delivery of stock.
- Manage efficient stock flows through the AJB nominee by utilising external reporting tools (Crest GUI, Clearstream, Cofunds Website).
- Processing certificated stock deposits through the Crest system.
- Ensure accurate and timely reporting for MiFID II Transaction Reporting.
- Escalate outstanding issues to the Team Leader / Manager in a timely manner.
- Production of KPI/SLA data and MI as agreed.
- Report any CASS breaches or suspected breaches immediately to the Line Manager.
- Perform root cause analysis on reconciliation breaks and use to implement preventative measures alongside the Team Leader
- Support project implementations, fixes and upgrades through testing of software and defining the needs of the team. Ensuring that all processes and procedures are updated in line with systemic implementations.
- Ensure productive working relationships with other teams by coordinating efforts to develop efficient and effective operational processes.
- Instructing cash movements on the online banking systems & identifying/applying incoming payment.
- Previous experience in a financial services administration role desirable but not essential.
- Knowledge of banking payment methods (such as BACS, Faster Payments, Debit Card, Cheques) an advantage.
- Ability and commitment to deliver excellent customer service skills
- Competent IT skills, including Word, Excel and Outlook.
- Ability to work in high pressure deadline driven environments
- Supportive team player with positive approach.
- Willingness to learn and strive for improved efficiency within the Market Settlements Team.
- Excellent attention to detail.
- Customer service orientated.
- Enjoys working in a deadline driven structured environment, unsupervised at times.
- Ability to organise and prioritise own work.
AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone, from professional financial advisers to DIY investors with little to no experience. We have over 593,000 customers using our award-winning platform propositions to manage assets totalling more than £90.4 billion. Our customers trust us with their investments, and by continuously striving to make investing easier, we aim to help even more people take control of their financial futures.
Having listed on the Main Market of the London Stock Exchange in December 2018, AJ Bell is now a FTSE 250 company.
Headquartered in Manchester with offices in central London and Bristol, we now have over 1,500 employees and have been named one of the UK's 'Best 100 Companies to Work For’ for six consecutive years and in 2025 named a Great Place to Work®.
At AJ Bell you can expect a friendly working environment with a strong sense of teamwork, we have a great sense of pride in what we do, and this is reflected in our guiding principles.
Our perks and benefits:
- Starting salary of £24,720
- Starting holiday entitlement of 25 days, increasing up to 31 days with length of service and a holiday buy and sell scheme
- A choice of pension schemes with matched contributions up to 6%
- Discretionary bonus scheme
- Annual free share awards scheme
- Buy As You Earn (BAYE) Scheme
- Health Cash Plan – provided by SimplyHealth
- Discounted private healthcare scheme and dental plan
- Free on-site gym providing a wide range of free classes
- Employee Assistance Programme
- Bike loan scheme
- Sick pay+ pledge
- Enhanced maternity, paternity, and shared parental leave
- Discounted nursery fees at Kids Planet on Exchange Quay
- Loans for travel season tickets
- Death in service scheme
- Paid time off for volunteer work
- Charitable giving opportunities through salary sacrifice
- Calendar of social events, including monthly payday drinks, annual Christmas party, summer party and much more
- Parking at Exchange Quay (Subject to availability)
- Personal development programmes built around you and your career goals, including access to personal skills workshops
- Ongoing technical training
- Professional qualification support
- Talent development programmes
- Peer recognition scheme, with rewards including restaurant and shopping vouchers or time off
- Monthly leadership breakfasts and lunches
- Casual dress code
- Access to a range of benefits from our sponsorship deals
At AJ Bell, our people are the heart of our culture. We believe in building strong connections by working together. That's why we offer a hybrid working model, where you’ll spend a minimum of 60% of your working time per month in the office. For new team members, an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.
AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.
We do not discriminate based on race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit and business need.
If you like the sound of the above or just want to know more about the company and the role, we'd love to speak to you.
Advertise with us by contacting: [email protected]
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