We are seeking a detail-oriented and highly organized Security Settlement Analyst to join our operations team. The successful candidate will be responsible for ensuring timely and accurate settlement of securities transactions across multiple markets and products.
The role requires knowledge of settlement processes, attention to detail, and the ability to work under pressure in a fast-paced environment.
Key Responsibilities:
- Process and monitor settlements of equities, bonds and crypto in respective markets.
- Liaise with counterparties, custodians and internal teams for any trades mismatch, failure / issues to ensure fast and effective resolution.
- Ensure all trades settle in accordance with market deadlines and internal policies.
- Monitor and reconcile daily fail trades, investigate and follow up timely
- Ensure no unaccountable reconciliation breaks for cash, securities and other GL accounts / unclaimed items.
- Conduct end-of-day checks of Avaloq orderbooks and SWIFT Alliance queue to make sure that there are no trades left unattended and unprocessed.
- Ensures full compliance to all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers.
- Support mandatory reporting to MAS and other regulatory authority.
- On-time escalation of issues and risks to the Team leader or to the Department Head.
- Performs other duties that may be assigned from time to time.
Requirements:
- Bachelor’s degree in Banking, Business Studies or other related course of studies
- 2-5 years of experience in securities settlements or related operations role
- Functional knowledge/understanding in trade settlement processes
- Familiarity with settlement platforms such as SWIFT, DTC, Clearstream
- Good team player, self-motivated with good interpersonal skills
- Ability to work in stretched environment and meticulous
- Working Location: DAH (Changi)
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