New Issues Clerk

New Issues Clerk
Job Description
We are currently recruiting for New Issues Clerk to work with our client based in the Banking industry. The role is based in Dublin. This is a 12-month contract position.
The Medium-Term Note (MTN) Issuance desk is responsible for facilitating new issues of debt from existing programmes of the Agency and Trust business. The group is responsible for processing new deals through transaction with the Issuers, Lead Managers, Dealers, Clearing banks, lawyers and Front Office Sales and Documentation group.
The Issuance group is a made of 10 team members who are responsible for ensuring that all new deals are created, reviewed, settled, and documented in all relevant internal and external systems. The group also has the responsibility of ensuring that the highest level of service is maintained.

Key Responsibilities
* Be responsible for Settlement and funding of New Issues in Euroclear and Clearstream.
* Be responsible for the Instructions provided to market are timely and in the correct order to enable prompt settlement
* Ensure service levels (SLA's) are maintained with any new/existing queries.
* Ensure the Issuance instruction is in good order on both internal and external systems.
* Reflect operational systems are in accordance with details of documentation received
* Liaising with Front Office Sales/Issuers/Dealers and clearing systems with any Client issues and dealing with any client and in house queries.
* Ensure service levels (SLA's) are maintained with any new/existing queries.
* Accommodate any late changes to New Issues trades, respecting internal and external cash deadlines.
* Input of payment instructions to release proceeds to clients.
* Ensure all email queries are dealt with to completion or escalated accordingly.
* Be responsible for the correct distribution of faxes/telex's/future documents and confirmations
* Due to the teams client facing position it is expected that all of the above will be performed to a professional standard with a minimal error rate.
* Proactively participate in the daily huddles

Development Value
* Enhance agency and trust knowledge with opportunity to progress with the business.
* Good exposure to front office sales and documentation teams.
* High level of exposure to clients.

Knowledge/Experience
* 5+ years of capital market domain experience desirable.
* Minimum of 3 years working in MTN New Issue settlement or payments experience essential.
* Ideal candidate will come from an Investment/Clearing house Bank background.
* Extension knowledge of payment systems and swift knowledge required.
* Experience in dealing with Euroclear and Clearstream required.
* Be of the mindset where processes are questioned and solutions for improvement offered and in relevant cases, changes implemented.
* Excellent knowledge of Issuing MTN securities in Primary market is essential.
* Deal effectively with escalations and be able to identify ways of improving the processes.
* Experience with projects to help improve the settlement flow.

Skills
* Dynamic candidate with good excellent communication, organisational and problem-solving skills. * Proficient in Word, Excel.
* Accuracy and diligence essential.
* Ability to keep calm and focused under what can be stressful situations due to treasury deadlines.

Qualifications
*Bachelor's Degree /University degree or equivalent experience in Business, Accounting or Finance with banking experience preferred.

Competencies
* Team Player
* Excellent organisational skills required
* Ability to work under pressure and deadlines
* High attention to detail
* Excellent Communication Skills

For more information about this role kindly contact Aminat Ibrahim on +353 1 645 5213 or [email protected]