Job Description

Key Areas of Responsibilities

• Ensure that all trade details are pre-matched prior to settlement, minimizing the risk of discrepancies
• Implement and adhere to fails management system to promptly address and resolve any discrepancies encountered during the settlement process
• Supervise the entire settlements process to ensure timely and precise execution, adhering to all regulatory and compliance standards
• Conduct thorough reconciliations to validate the integrity of financial records, swiftly identifying and addressing any discrepancies
• Proactively identify and implement opportunities for efficiency enhancements in settlement processes, focusing on streamlining operations and lowering operational costs
• Manage the Securities Borrowing and Lending (SBL) collateral processes to ensure proper handling and compliance with regulatory requirements
• Efficiently manage the conversion processes for American Depositary Receipts (ADR) and Global Depositary Receipts (GDR), ensuring timely execution and compliance
• Actively participate in project initiatives and User Acceptance Testing (UAT) to ensure that new systems, processes, and tools align with business requirements and enhance operational effectiveness

Requirements

• Graduate with at least 5 years of experience in the securities, banking, or a related industry
• Should have team handling experience for at-least 2 years
• Strong knowledge of US Equities, DTC workflow, 23*5 market operations including relevant practices and trends. Knowledge of European, Asian equity and fixed income products will be an added advantage.
• Excellent communication and interpersonal skills for interaction with senior management
• Candidate should be open to work in Asia / EU / US shifts depending on work requirement.
• Multitasking ability to manage priorities effectively
• Capable of building rapport with management, local offices, brokers, and clients
• Self-motivated with a strong eagerness to learn and take on challenges
• Proactive in pursuing growth opportunities and mentoring others while managing risks and adapting to changes in project management

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