OPERATIONS SPECIALIST (Securities Settlements)

Our Client is a globally active private bank offering wealth management investment services to Swiss and overseas Clients. With an established presence in Zurich they are looking to hire a new professional and experienced Securities (Wertschriften) specialist

OPERATIONS  SPECIALIST (Wertshriften Settlements)

Within a reasonable time frame all Operations Team Members will be expected to fully cross-train onto the other area and be able to at least display a proficiency in the daily tasks in that area. The role and key responsibilities per area are as follows:


  • Receipt and delivery of Securities Free of Payment (LOZ)
  • Booking and/or validation of settlements and related cash bookings
  • Settlement and transaction processing of all trades including subscription and redemptions of funds
  • Booking of Private Equity transactions
  • Investigation of non-settlement with counterparties, fund administrators, custodians, and clearing agents.
  • Corporate Action processing, including posting of dividends/coupons as well as stock splits, spin-offs, capital increases, final redemptions, GDR Conversions etc.
  • Investigation and clarification of differences and queries with counterparties, custodians, correspondents, fund administrators and brokers.
  • Control and checking of taxes and fees
  • Preparation of the following tax declarations:
    - Stamp Tax  -  EU Savings Tax  -  QI Reporting to IRS (1042 and 1099 declarations)

Payments/Money Market

  • Processing and controlling of incoming/outgoing money transfer orders including SWIFT management
  • Processing of cheque collections and cheque payments
  • Booking and settlement of all FOREX and Money Market transactions
  • Handling of all cash transactions
  • Setting up Standard Settlement Instructions and templates
  • Processing all PostFinance transactions


  • At least 1 year experience working in Securities (Wertschriften) Settlements
  • Fluent in English, with German spoken knowledge
  • Good  communication and interpersonal skills, with attention to details and client quality focused
  • Take ownership of your role, you are energetic and you have the ability to think outside the box
  • Positive personality with a proactive attitude,

If this sounds like an opportunity that you are looking, in a new dynamic and international environment, then we would like to hear from you - please contact: 
Simon Portalski for further information, including your CV and a brief introduction email.


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