Officer, Securities Settlements, Setclear

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

• (Mandatory) Graduate with at least 4 years of experience in the securities, banking, or a related industry
• (Mandatory) Strong knowledge of European, Asian, and US equity and fixed income products, including relevant practices and trends
• (Mandatory) Excellent communication and interpersonal skills for interaction with senior management
• (Mandatory) Multitasking ability to manage priorities effectively
• (Mandatory) Capable of building rapport with local offices, brokers, and clients
• (Mandatory) Self-motivated with a strong eagerness to learn and take on challenges
• (Mandatory) Proactive in pursuing growth opportunities and mentoring others while managing risks and adapting to changes in project management
• (Optional) Experience in sell-side brokerage operations
• (Optional) Candidates with less experience will be considered as Associate – Security Settlements
• (Optional) Familiarity with commonly used operations systems in the securities industry