Settlement Officer

4 days ago


Singapore NITTAN CAPITAL SINGAPORE PTE. LTD. Full time
Job Title: Settlement Officer

We are seeking a highly skilled and detail-oriented Settlement Officer to join our team at NITTAN CAPITAL SINGAPORE PTE. LTD.

Key Responsibilities:
  • Ensure accurate and timely input of trades and trade confirmations for all products, including intercompany trades.
  • Prepare and send trade notifications via MarkitWire and Reuters Trade Notification Service (RTNS).
  • Verify that all qualifying trades input for benchmark calculations for SOR, THB Spot, and SGD Spot are in accordance with the SOR Code of Conduct.
  • Liaise and rectify discrepancies with internal and/or external parties on trades and trade confirmations.
  • Check daily trade confirmations from agents.
Additional Responsibilities:
  • Send daily trade summary to banks.
  • Send daily brokerage report to Management.
  • Prepare and send monthly exchange rates to banks.
  • Check and send monthly invoices to banks.
  • Liaise and rectify discrepancies with internal and/or external parties on monthly invoices.
System Management:
  • Setup new accounts and input all static data, such as customer details, settlement instructions, and brokerage rates.
  • Update any changes in the static data of existing customers.
  • Liaise and rectify discrepancies with internal and/or external parties on brokerage agreement related matters.
  • Interact with external and/or internal parties on setup and/or update Traders and/or trading information for RTNS and Markitwire.
  • Ensure daily trades reconcile to NBA system.
Compliance and Audit:
  • Ensure compliance to SOR Code of Conduct by ABS and any applicable law.
  • Prepare audit reports.
  • Perform any other ad hoc assignment by Management.
Requirements:
  • At least GCE "O" level.
  • Preferably some experience working in settlement department.
  • Team player, good interpersonal and communication skills.
  • Willing to work outside normal office hours.
  • Need to be comfortable communicating with brokers (confirming details and queries).
  • Good with details.
  • Willing to learn.
  • Able to work on public holidays.

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