Your area of work:

Clearstream’s Securities Services division provides its clients with top-class solutions around securities settlement & custody as well as financing and data solutions. The Business Management team of Clearstream’s Securities Services business takes care of facilitating the growth of the business by driving key strategic initiatives as well as its Marketing activities while ensuring a high level of client centricity across the business. As a Business Development Manager, you will be responsible for turning great ideas into reality – you will be supporting product, industry or partnership initiatives from the start, support analysing their feasibility and planning their execution, with a focus on Asia.

Your responsibilities:

· As part of the Business Development team, it will be your task to identify, analyse, validate and structure business ideas at a very early stage and turn them into actionable implementation projects. This could be about partnerships, product ideas or industry initiatives.

· You will be responsible for conducting feasibility assessments and/or profitability analysis with the support of the stakeholders inside and outside of the Product organization.

· You might also need to create business cases and hence understand the revenue potential and the implementation cost of a given initative.

· You will be planning the execution of those ideas as well as the required capacity in an actionable project plan.

· In particular, your task will be to develop Business Strategies for the Asia-Pacific (APAC) region that align with the company’s vision and mission; propose business strategies to senior management, monitor trends and identify new market opportunities.

· You will Lead cooperation initiatives with APAC market infrastructures (e.g. Asian Central Securities Depositories) to secure Clearstream’s competitiveness in the region long-term, enhance product coverage and market access

· You will act as local representative in APAC and ensure that regional needs and trends are being adequately considered in global planning & developments and represent Clearstream in external industry forums & associations

· Your task will also be to enhance Clearstream’s visibility and brand recognition in the APAC region via thought leadership, representation at major industry conferences and partnership with industry associations

· While your focus will be on the APAC region, you might be supporting business development activities in other regions as well.

Your profile:

· You have completed your university degree in Economics or Business Administration, ideally with a focus on Product or Project Management

· You have at least 5 years of relevant professional experience in Business Development Project Management, ideally within the Capital Markets space.

· You have worked in the Asia-Pacific region or focused on business activities in this region for at least 2 years.

· Ideally, you have good understanding of the Global capital markets and the Securities Post-trade space.

· Your Business Development expertise is paired with strong analytical and communication skills.

· You are excited about working in a multi-cultural team with a high result orientation and a hands-on mentality.

· Proficiency in English, French/German are required.

· Your profile is rounded off by very good MS Office application knowledge.

· Possess technical exposure/ prior experience in custodian banking and/ or securities services.

Job Responsibilities:

• Handles end-to-end processing of trade finance transactions such as Letters of Credit (LC) issuance, Standby Letters of Credit (SBLC) issuance, banker’s guarantee issuance, etc.
• Review and ensure workability of LC/SBLC formats and liaising with Bank to clear these formats.
• Handles settlement/preparation of payments and budgeting.
• Tracking and updating of trade utilisation.
• Monitor repayments from customers.
• Liaise with Marketing, Operations team, suppliers and customers.
• Undertake additional functions and duties when required.

Requirements:

• Diploma or Degree in Accounting, International Business or Logistics or Supply Chain.
• Minimum 1 to 2 years of experience in Trade Finance Operations.
• Strong time management skills and meticulous.
• Strong knowledge of Trade finance and Letters of Credit.
• Good interpersonal and communication skills.
• Proficiency in Microsoft applications (For eg. Excel) would be an advantage.

Salary: UP to $2,300

Duration: 2 Jan 2024 to 31 May 2024 (5 months)

Work Location: Tanjong Pagar

Working Days & Hours: Monday - Friday, 9am - 6pm

Job responsibilities:

1. Support in Fixed Cost Management Activities

- Gather, Consolidate & Monitor Fixed Cost (including preparing & maintaining tracking sheets)

- Review department submission and clarify variance with department

- Perform forecast, variance analysis and monitor monthly Fixed Cost movement

- Assist in the preparation of Annual & Mid-Long Term Budget Plan Preparation activities

- Assist in management reporting activities and other adhoc Fixed Cost related tasks

2. Support in Budget Control Activities

- Perform & manage SAP system budget control process (including budget transfer, budget release)

- Provide appropriate advice to Budget PICs relating to budget transfer, expenses charging and other budget control related matters

3. Support in Project Evaluation activities

- Review & Evaluate projects before submission for management approval

- Track project progress and compliance with company guidelines.

4. Filing and Administrative work is required

Job Requirements:

· Minimum ITE/Diploma cert in Business/Finance/Accounting (preferred)

· Good computer knowledge of MS Office (Microsoft excel), basic knowledge of SAP is an added advantage.

· Good communication and interpersonal skills

· Self-starting, able to work independently and as a team and take ownership of assigned tasks

· Meticulous and who is able to take up challenges and additional responsibilities if needed

· Positive attitude, Willing to learn and attention to details

· Overtime may be required during peak period (e.g closing , budgeting, mid term plan or adhoc request)