Clearing & Settlement Senior Analyst (f/d/m)

Trade Republic

Trade Republic

IT
Lehi, UT, USA
Posted on Wednesday, March 27, 2024

Please note that this position is based in Berlin, Germany - relocation support is provided if required.

LIGHTHOUSE FOR TALENT

At Trade Republic, we are on a mission to empower everyone to create wealth with easy, safe and free access to the financial system. With over four million customers we are the largest savings platforms in Europe, with users holding over €35 billion on our platform.

We are seen as the go-to-destination for top talent from across the globe. Everyday we strive to make Trade Republic a great environment to do the best work of your life, surrounded by exceptional, caring and passionate colleagues. In addition to learning and growing with a world-class team, you will build a destination for millions of people across Europe to create wealth.



ABOUT THE TEAM

Clearing & Settlement Transfers is a highly skilled team with a significant role within Operations, dedicated to ensuring the timely settlement of all incoming and outgoing transfers. The team is composed of professionals with diverse expertise and background coming together from around the globe.

By leveraging diverse skill sets, the team works collaboratively to not only execute the daily business to the highest standard but also drive innovation, improve efficiency, and enhance the customer experience.


WHAT YOU’LL BE DOING

  • Monitor the automated allegements matching process for all incoming transfers
  • Ensure the settlement of all incoming and outgoing transfers
  • Investigation of any transfers related discrepancies and reach out to respective teams/brokers for necessary corrections
  • Resolve any tax data issue related to transfers, e.g. TaxBox data handling
  • Pro-actively chase counterparties and relevant groups in order to resolve settlement issues
  • Resolve problems arisen from unmatched items and implement long term solutions for frequently occurring issues, e.g. transfer templates
  • Document any exceptions in order to support the development team and build smooth automated processes.
  • Support Product Managers in defining detailed functional requirements for new processes
  • Involvement in projects and system improvements/testing activities



WHAT WE'RE LOOKING FOR

  • Bachelor's degree or higher in Finance, Business, Economics or equivalent
  • Professional with minimum 2 years of experience within transfer settlement
  • Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills
  • Understanding of transfer life cycle, good familiarity with post-trade operations, securities settlement and tax related topics related to transfers
  • A team player who is collaborative yet able to work independently
  • The ideal candidate should have hands-on experience in transfers settlement and should have managed post trade operations in the past.
  • Knowledge of SWIFT, Clearstream Xact and TaxBox is advantageous.
  • Fluent with English, both verbal and written communication



WHY YOU SHOULD APPLY NOW

At Trade Republic you will get to do the best work of your career. We are a destination for people who are exceptional at what they do. Every day, we strive to build a world-class team and provide the space for people to do their best. We have a relentless ambition of raising the bar and expect the best from ourselves. Through our dedicated people-first management approach and transparent career paths, you will have the opportunity to develop and grow your career like never before. And because you are surrounded by a diverse team of high performers, you will be learning every day.

You will play an important role in fixing one of the largest challenges we face - closing the pension gap and democratizing wealth. Trade Republic is a place where your job, your career and your passions intersect. If this gets you fired up, just like it does for all of us at Trade Republic, then reach out!

Trade Republic embraces diversity and strives for equal opportunity for everyone. We are committed to building a team that represents a variety of backgrounds, characteristics, perspectives and skills. We encourage applicants of diverse gender, age, sexuality, religion, ethnicity, disability status and parental status to apply to our roles, or those from other intersecting minority groups not listed. The more diverse and inclusive we are as a team, the greater our work will be. If we can support you on DEI related questions during the interview process, please reach out to talentacquisition@traderepublic.com.