Our client, an established investment back is looking for individuals with experience in securities (equities) to join their operation team on a 6-months contract. This is an opportunity to build valuable connections within the investment banking sector, which could be beneficial for your future career.
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.
Responsibilities
The position available is with the Securities Settlements Operations team. The following tasks give an overview of what is required day to day:
- 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
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 Consultants EA License No: 93C4403
Foo Erin EA Reg No: R2196422
