Clearing and Settlement Analyst, NCT

Role Description

Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process. This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. Work includes:

• Supporting interaction between internal and external stakeholders involved in the clearing and settlement process chain
• Allocating assets to optimize the portfolio strategically
• Ensuring adherence with market standards
• Clearing and settling through both primary and secondary markets and direct payments

Your key responsibilities

• Employee should be able to substantiatecompleteness of daily tasks.
• Ensures that the daily reconciliations and monthly billings are completed on time
• Ensure completion & delivery of all tasks on time to minimise risk. To Investigate and provide guidance on issues experienced by the team members
• Adept at conflict resolution both people and process being solution focused.
• Focuses on minimizing manual or inefficient processes and seeks approval from AVP before adding any new manual items.
• Good level of understanding of F2B connectivity from a process and system perspective.
• To ensure processes are performed as per defined Key Operating Procedures.
• To escalate unusual activity (high or low volumes or dollar amounts, new client activity, slow systems, delayed approvals etc.)
• Proactively explore solutions to close control gaps, adherence to existing controls, regular review of KSPs & maintain updated checklists
• Proactively monitor the Mail box and ensure that all emails are actioned on time
• Effectively contributes to global projects and seeks to drive the agenda in regard to process.
• Effectively liaise with global stakeholders like Sales, Product Control, and Trading Desk etc.
• Produce meaningful MI on time
• Liaise with counterparts and ensure good collection on Atlantis and for manual brokers

Your skills and experience

Experience / Requirements:

• Futures & Options business and market knowledge.
• Sound understanding of the Futures industry particularly on the Brokerage, Fees & Commissions aspect
• GMI, DOCS & Atlantis knowledge is a must
• Knowledge of required exchange systems
• Accounting/Finance knowledge would be an added advantage
• Ability to analyse data to determine root cause of problems
• Good communication and interpersonal skills
• Ability to take ownership, prioritise work and mange time effectively
• Sound MS Office skills in particular MS Excel & Access
• Result-oriented
• Ability to work under tight deadlines
• Team-player
• Flexibility in working hours

Qualifications:

• Graduate in any discipline