Custody Associate - Trading Authorisations & Vestima Processing

Clearstream Global Securities Services Ltd. • Cork

Learn. Develop. Grow. But always: Share value

Join our international team that drives positive change, united by a spirit of openness and curiosity. We empower you to have an impact and to grow – personally and professionally. With us, you work at the heart of financial systems and evolve the way markets operate. We’re excited about the future because we are the ones shaping it. Let´s do this together by sharing value!

Who we are

Who we are

Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations.


Your career at Deutsche Börse Group

We are currently recruiting in Cork for Custody Associate vacancies to join our Trade Authorisation and Vestima Processing team. We are looking for the right candidate to join our team of 20 high performing employees.  We are looking for a candidate to work in our Vestima Processing section which deals with Vestima settlement, Cash Processing and Reconciliation in Vestima systems. This is a great opportunity for anyone looking to enhance their knowledge of Clearstream’s processes and systems.  The team is comprised of 5 primary functions where communication is key and we work on the basis of high trust, high responsibility.  

  • We work with Operational teams to ensure 100% accuracy on all Trading and Cash movements
  • Our aim as a team is to reduce risk and enhance our Clients experience and we do this by valuing accuracy and precision while maintaining enhanced Client relationships
  • Full training will be provided in whichever area you start and we ensure a high level of cross training so that we can better deal with client requirements


Department Tasks/Responsibilities

  • Vestima Confirmations - Manual settlement of Vestima Trades on behalf of our Clients and cash processing for GB and Nordic markets 
  • Securities Reconciliation - Investigate and resolve any discrepancies between the assets held on our systems and those held in the Market
  • Incoming Cash - Cash amounts received from Redemption proceeds or Corporate Action events are investigated, organized and filtered to Client accounts same day  
  • Outgoing Payments - All payments for Subscriptions into Funds must be made within Market cutoffs. This is a deadline driven role requiring high levels of accuracy
  • Trading Authorisations -  All Trades placed on behalf of our clients must go through a final control check. We are the last line of defence for Orders / instructions going to Funds    

Experience, Qualifications & Background Required 

  • You will be an Enthusiastic and Positive influence in your team
  • You have an appetite to Learn and Develop as an employee
  • You demonstrate a desire to create a Career with Clearstream
  • You will be active in supporting and promoting our Company Culture
  • You have a proven ability to work under pressure and as a Team Player
  • You will have a strong ability to adapt well to change
  • You will have a good history of accuracy and focus with good problem solving skills

Summary of Key Competencies required for the position 

  • Communication
  • Leading Change
  • Continuous Improvement
  • Execution & Implementation
  • Risk Management
  • Drive for Results
  • Sound Decision Making

NOTE:  This job description is not intended to be all-inclusive. Employees may perform other related duties to meet the ongoing needs of the organization.


Company Culture Cork
Our PEOPLE, our focus on RESULTS and Our Commitment to Our CUSTOMERS and COMMUNITY drives Our success.   Candidates must demonstrate an ability to understand and apply these four key elements [the building blocks] that shape our culture at Clearstream Cork - People, Customers, Results and Community. #Clearstream

Why Deutsche Börse Group?

We are committed to providing a work environment which makes our employees both feel at ease and reach their full potential. Our standards go far beyond simply matching candidates with the right position.

Exciting, cutting-edge projects

“Boredom” is a concept unknown to us. With us you are part of a growing company that is shaping the future and where you can make a difference and actively participate – by supporting companies and start-ups going public, developing trading technologies or designing the cloud infrastructure for a highly regulated environment.

International environment

Our market infrastructures are connected globally: whether in Singapore, London, Chicago, Luxembourg or Dubai – working with us means collaborating with like-minded colleagues and teams across over 60 locations from more than 100 nations.

Security and growth

Our company is experiencing healthy growth, not least due to our diversified business model. As a globally active exchange organiser, we provide market participants with consistently safe infrastructures that stimulate growth along the entire value chain. For you this means: a secure and promising workplace!

Diversity & Inclusion

We embrace diversity. As the cornerstone of our success, your contribution counts – irrespective of gender, nationality, ethnic or social background, religion or worldview, disability, age, sexual preference and identity.

Our values

We at Deutsche Börse create trust in the markets of today and tomorrow. We want to achieve this common goal with performance, reliability, integrity, openness and responsibility. Mutual respect and appreciation are of particular importance. Our values shape our culture and behaviour – both within our organisation and externally.

Team spirit

Our employees work in great teams that drive positive change – and therefore they enjoy working with us. This is reflected in our annual employee surveys. No matter how great the challenges posed by the markets might be – we support each other, work together closely to successfully complete projects and face change with a positive, collaborative approach.

Work-life balance

We offer a work environment, in which professional and private life can interact individually. Flexible working time models, allowance for childcare, working remotely, studying alongside your job or part-time models – we give you the opportunity to adapt your job to your life situation.

Careers with a future

Whether you are an apprentice, a trainee, a young or experienced professional – with us your career is off to a good start that holds many different paths to develop and reach the next level. Your professional future is in your hands – as a manager, expert or project manager. You can count on our support as well as further education and training measures.


Your well-being is important to us! We provide you with a comprehensive healthcare scheme that covers you and your civil partner and/or dependants. It gives you access to public and prive hospitals as well as a great cover for everyday medical expenses.

Pension scheme

Top up your pension! We pay you an annual pension contribution which is meant to build up additional retirement savings for you.

Campus Recruiting

Campus Recruiting

Are you interested in an internship, an apprenticeship or a working student job?


Our Campus Recruiting Team is looking forward to your call or e-mail.

Recruiting Team

Recruiting Team

Take your career to the next level with us and embrace new challenges!


Our Recruiting Team is looking forward to your call or e-mail.

Ready to start your career with us?

Apply now!