Capital Market Settlement

1 week ago


Singapore Kookmin Bank Full time

Roles and responsibilities:

  • Ensure that the Settlement activities for Capital Market products (FX, MM, IRS, CCS & Securities) are correctly and timely processed within the market / currency cut-off times.
  • Liaise with internal and external customers to resolve settlement issues/discrepancies
  • Exchanging of SSI with counterparties
  • Reporting of OTC derivatives transactions to DTCC
  • Investigation of nostro breaks
  • Reconciliation of securities holdings balances
  • Drives process improvement and review internal controls guidelines
  • Participates in system UAT and industry projects
  • Assist to review and update work procedures periodically
  • Liaise with internal and external auditors during audit period
  • Attend to any other duties as assigned from time to time by Team Head or Management

Requirements:

  • Bachelor’s degree from a recognized institution
  • At least 5 years of relevant experience in banking (Back office)
  • Subject matter expert in Treasury Operations/ Settlements
  • Subject matter expert in processing non-bank customer’s flows

(understanding the SFA requirements for Back office e.g. FX Derivatives, IRS/CCS, FX options, Structured products)

  • Good knowledge of Accounting postings of Capital market products
  • Good knowledge of Euroclear settlement process and DTCC reporting
  • Good project management skills

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