Overview

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

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

If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.

Settlements Analyst | Experienced Hire

Job Description