Global Custody Manager
4 days ago
This role at China Merchants Bank Singapore Branch focuses on managing daily operations of cash management and trade settlement, involving collaboration with various stakeholders to ensure efficient and secure settlement processes.
Main Responsibilities:- Liaise with custodians, fund managers, and counterparties to oversee daily cash management and trade settlement operations.
- Ensure accurate and timely completion of journal entries following settlement processes.
- Monitor and report failed trades, taking prompt action to resolve any issues that may arise.
- Process settlement instructions, funding, and repatriation instructions for trade settlement, prioritizing accuracy and efficiency.
- Provide regular updates to stakeholders on confirmation and settlement-related operations.
- A Bachelor's degree with at least 3 years of experience in custody and settlement within the banking or financial services industry.
- Strong knowledge of capital markets, custodial operations, settlement procedures, and trade life cycles across stock exchanges and depositories.
- Familiarity with custody and depository operations, corporate actions, and relevant stock exchange and regulatory guidelines.
- Experience in servicing institutional clients such as financial institutions, banks, portfolio management services (PMS), insurance companies, and mutual funds.
- Excellent communication and interpersonal skills, with the ability to work effectively across internal and external teams.
- Proficient in Microsoft Office applications.
- A strong team player with a proactive attitude and willingness to learn.
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