Operations Specialist
4 days ago
We are seeking an experienced Operations Associate to join our team at SBI Digital Markets PTE. LTD. This role will be responsible for processing transactions across asset classes, performing custodial and securities services operations, and developing operational controls to ensure a well-managed risk environment.
Key Responsibilities:- Trade Execution and Settlement: Execute and monitor trade instructions for various securities, including equities, fixed income, derivatives, and mutual funds.
- Trade Confirmation: Match trade details and provide trade confirmations to clients promptly.
- Reconciliation: Perform daily reconciliation of trades, payments, and positions between internal systems and external counterparties to ensure accuracy and consistency.
- Reporting: Generate accurate and timely reports for internal and external stakeholders.
Securities Service and Custody Operations:
- Custody Operations: Manage the safekeeping and administration of both traditional and digital assets on behalf of clients.
- Processing: Ensure accurate and timely delivery and receipt of securities in custody.
- Corporate Actions: Handle corporate actions related to the assets under custody.
- Reconciliation: Perform reconciliation of holdings and transactions in client accounts accurately and timely.
Other Key Responsibilities:
- Client Service: Provide timely and accurate information to clients on trades and resolve any issues or concerns.
- Risk Management: Ensure all trades comply with regulatory and risk policies. Manage the risk register for Operations and perform risk control self-assessment to ensure the effectiveness of operations controls.
- Documentation: Maintain accurate and comprehensive records of all transactions.
- Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of operations processes.
- Change Management: Act as SME for Operations in projects to ensure effective and scalable operational flows are set up and reviewed prior to launch of business or system changes.
- Audit: Act as point of contact for internal and external audit and reviews.
Requirements:
- Bachelor's Degree in Banking/Finance or equivalent.
- Experience in middle office, trade processing, securities services operations preferred.
- Good knowledge of trade lifecycle across asset classes, including structured products and funds.
- Knowledge of digital assets and security token offerings preferred.
- Knowledge of AML-CFT/Anti-bribery and Corruption Compliance and Sanctions.
- Strong critical thinking and problem-solving skills.
- Strong time-management and organizational skills with ability to prioritize tasks.
- Excellent relationship building, stakeholder management, and communication skills.
- Highly motivated and tenacious individual, with a proven ability to take initiative and work independently and within a team.
We offer a competitive salary of SGD $80,000 - $110,000 per annum, depending on experience, plus benefits.
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