Our client, an investment bank is looking for securities settlements operations on a 6 month contracts subject to extension.
The Department
Securities Settlements Operations provides operational support for multiple businesses including (but not limited to) Trading, Sales, Investment Banking, Private Wealth, etc. covering functions including Inventory & Liquidity Management, Settlements, Exception management and Reporting, and Strategic Projects. We support our international client base across global markets. Traders & Clients execute Buy & Sell transactions in all major markets, with increasing presence within emerging markets. Upon Settlement Date, trades need to be matched and inventory made available to ensure successful exchange of securities and cash. Securities Settlements Operations globally is located in London, Dallas, Salt Lake City, Singapore and Bengaluru. The department’s key priorities are to mitigate risk, provide exceptional client service and drive strategic change.
Responsibilities
- Monitoring Settlement activity and ensuring securities are in the right place at the right time
- Monitoring Firm inventory to ensure it is moved or converted to facilitate settlement
- Working with the Trading Desk on securing borrows to facilitate settlement
- Query resolution and interaction with trading desk and clients on failing trades
- Investigating and resolving discrepancies of positions (cash and securities) in the firm’s books and records
- Completing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
Requirements
- We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential.
- Good client service and relationship building are required to interact with our clients and the team.
- The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated.
- Strong organisational skills required;
- Deadlines within this role are very strict
- Prompt escalation and clear communication is paramount
- Be flexible, work on varied functions or aid other team members
- Work experience in a securities settlements, trade support or securities middle office role or any equity role for 1 to 2 years.
- Equities Industry and market knowledge would be an advantage.
- Experience of dealing with SGX,HKEX etc is beneficial
If you are interested, kindly send your resume (in MS Word format) Erin Foo at [email protected] stating your salary expectations & availability to take it forward.
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We regret to inform that only shortlisted candidates will be notified.
“This is in partnership with the Employment and Employability Institute Pte Ltd (“e2i”). e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives. By applying for this role, you consent to RMA Groups’s PDPA and e2i’s PDPA.”
RMA Consultant EA License No: 93C4403
Erin Foo EA Reg No: R2196422
