Client & Custody ServicesTrainee

Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal.

You will be part of the Securities Team in Porto, the leading entity in Portugal in post-trade services, offering integrated and flexible solutions at European level, operating as the Custody and Settlement Central Securities Depository (CSD), belonging to the EURONEXT Group and being compliant with:

• CSD Regulation (CSDR);
• The Portuguese Legislation on Capital Markets;
• The rules of the Portuguese Securities Market Commission (CMVM).

Interbolsa uses the most stringent international service and security standards and was one of the first CSDs to join the European settlement platform TARGET2-Securities and to obtain authorization to operate as a CSD in the context of CSDR.

Job summary

Securities Porto is improving and enhancing its services, namely the core and ancillary services. Therefore, it is looking for a Trainee that:

• Support the business operations team with the daily tasks.
• Give support to the development and implementation of more automated and digitized services at the Central Securities Depository and the ongoing projects.

Key Accountabilities

• Management and control of the physical securities registered in Centralized Securities System;
• Management and control of the safekeeping of physical securities;
• Prepare and update operational handbooks;
• Test all the updates and improvements done in the IT system regarding physical securities services;
• Provide information to Issuers and Financial Intermediaries;
• Give support to the development of the projects to be implemented.
• Shareholders Identification
• Support the Filiation process (new requests, maintenance of FIs registry)
• Perform the reconciliation and control of the securities issues
• Oversight and handling of Potestative acquisitions whenever required
• Handling of Account Balance Verification Procedures
• Control over the implemented reconciliation measures: biweekly reconciliation, inspection visits and preparation of the respective reports, daily monitoring of the Emissions Control File.

Profile and Skills:

• Knowledge of Capital markets and applicable legislation
• Knowledge of English language (oral and written)
• Familiar with PC’s and standard office tools (Word, Excel, PowerPoint, Outlook, etc.)
• Key skills:  Responsible, Organization capacity, Accuracy, Communication skills, Teamwork, Tasks oriented
• University Degree in Management, Economics or equivalent (preferable)

Apply by submitting a CV in English.