The Opportunity
· This is an exciting opportunity to work for one of the leading global banks.
· It is an opportunity for an experienced Operations Analyst - Settlements to join their team
· This will start off as a 12-month contract role
The Job
JGB settlement team is responsible for performing settlement duties for the Japanese market. Covered products are Japanese Government Bond (JGB) and Corporate Bond. Our key objectives are to ensure that all settlements are completed accurately and on time as well as that our service delivery to clients are efficient, effective, and reliable.
Key Responsibilties:
· JGB and Corporate bond settlement control.
· Settlement instructions data feed and check and investigate the exceptions.
· Handling Standing Settlements Instructions (SSI) set up and correction requests.
· Funding for account to facilitate the settlements on value date.
· Reporting, generation of settled/failed/commitment report.
· Cash and Positions reconciliation on VD+1.
· Inquire settlement queries to related departments/branch offices and liaison with Client Services of Tokyo, Hong Kong, London and New York.
· Corresponding and liaison with custodian on various issues throughout the settlement process, including details of payment, instructions on value date, settlement instructions etc. (Required Japanese speaking skill).
· Investigating and resolving all trade exceptions and managing client and trading desk queries within the agreed SLAs.
· Adhering to control procedures, identifying gaps and ensuring controls are implemented to close those gaps.
· Scrutinizing processes to identify issues and working with change managements to drive through change and process enhancements.
· Building and maintaining relationships with clients, the Front Office and supporting teams.
· Involve in ad-hoc projects and UAT testing, liaising with both internal and external counterparts in different regions.
The Talent
· Investment banking experience (preferably both in settlements and trade support functions) and Knowledge in cash equity products are essential.
· Understanding of front to back flow between trading desk and operations is preferred.
· Outstanding communication skills as well as well-developed interpersonal skills are essential since this role involves a lot of internal and external liaison.
· Proficiency in Microsoft applications (Word, PowerPoint, and Excel – including VBA) is preferred.
· Japanese language skill is required for Settlements function to liaise with Japanese counterparts.
Next Steps
• Drop your resume and contact us to follow-up, or send your resume to [email protected]
• Email Topic: Apply Operations Analyst - Settlements
• Only shortlisted candidates will be contacted
Cecilia Sim Xin Yang
Personnel Registration No. R22105099
EA Licence No.91C2918
