Associate /Senior Associate, Settlement
Summary
Process and reconcile trades for equities and OTC products, resolve settlement failures, and liaise with clients and brokers to ensure accurate and timely trade validation.
Responsibilities
Process settlement for local & foreign equities and OTC products
Verify and reconcile dealing tickets and incoming trade confirmations
Resolution of unmatched trade positions and settlement failures
Liaise with institutional clients, banks, brokers, and liquidity provider on trade settlement issues
Ensure accuracy and timeliness of trade validation, settlement, reconciliation, control checks, investigation, and exception handling are being performed
Sending of trade confirmations to institutional clients once trades are done
Take ownership of the markets assigned and act with a sense of urgency
Proactively seek for opportunities to identify gaps and enhance operational workflow
Ad-hoc duties as assigned
Requirements
Degree or Diploma Holder
Preferably with 1-2 years of relevant experience in trade operations either in stockbroking firms, custodians or banks
Proficient in MS Office and Excel
Able to work independently & extended hours.
Open to working on holidays and occasional weekends