Job Roles:
- Banking / operations experience, with at least 2 years of professional experience in Operations/Back-Office area/ideally in securities environment
- Work closely with other business units like front office middle office technology, etc. to ensure smooth conduct of operational tasks.
- Should display an appreciation of control quality and risk related issues, proactive approach to avoid potential incidents such as buy-ins, TMPG claim, and cash management charges, late payment fees, etc..
- Ensure existing controls are followed by the team. Active participation in daily team huddles and raises all best practices.
- Escalate to internal/external parties regularly for earliest & timely settlements of trades, etc.
- Ensure proper communication compliance of company and regulatory policies affecting areas managed.
- Maintain a holistic, optimistic team environment encouraging people to speak up & the challenge status quo
- Identify, suggest, participate in process improvement related initiatives for successful execution.
- Good understanding of securities business domain and trade lifecycle.
- Client focused and motivated to work in partnership with front to back stakeholders to define practical solutions that meets the internal policies and regulatory requirements.
- Strong risk and control mindset with a structured and logical approach to analysis and problem-solving.
Skills & Education:
- Monitor settlement transactions to ensure timely settlement incl. pre-matching and cancel and rebook transactions
- Place manual settlement and / or transfer instructions, affirm broker confirmations and handle broker enquiries
- Systematically chase and resolve pending transfers/ settlements, differences and breaks (cash and security)
- Manage trade processing and lifecycle events, ensuring trade Confirmations are dispatched to clients and lifecycle events are booked accordingly
- Administrate our securities settlement static data and standard settlement instructions (SSI) reference table
- Collaborate with interface partners as part of efficiency improvements and improve processes continuously
- Process and send notification on corporate actions events for structured products
