About The Position

Trade Republic is the largest savings platform in Europe - we operate in 18 countries, serving +10 million customers who trusted us with over 150B in assets. But we’re striving for more. We have a bold mission to empower everyone to build wealth with easy, safe, and free access to financial systems. You will have the opportunity to grow your career by collaborating with a team of outstanding talents and state of the art technology to build a lasting, positive future for millions. Clearing & Settlement is a highly skilled team with a significant role within Operations, dedicated to ensuring a timely settlement. 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.

Requirements

  • Bachelor's degree or higher in Finance, Business, Economics or equivalent
  • Professional with minimum 2 - 3 years of experience within Securities Services, especially securities 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
  • A team player who is collaborative yet able to work independently
  • Fluent in both German and English, with excellent written and verbal communication skills (C1 level)

Nice To Haves

  • The ideal candidate should have hands-on experience and should have managed post trade operations in the past
  • Knowledge of SWIFT, Xact, T2S and Taxbox is advantageous

Responsibilities

  • Monitor settlements with multiple domestic brokers and banks in regards to securities transfers including tax data
  • Investigation of any discrepancies and reach out to respective teams/brokers for necessary corrections
  • Pro-actively chase counterparties and relevant groups in order to resolve settlement and or tax issues in regards to securities transfers
  • Perform settlement especially for cross–border securities transfer and set up SSIs
  • Resolve problems arisen from unmatched items and implement long term solutions for frequently occurring issues
  • 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
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