Settlement Manager

23 hours ago


Singapore THE BANK OF EAST ASIA LIMITED Full time

**Duties and Responsibilities**
- Process, prematch and ensure timely settlement of transactions - equities, bonds
- Verify deals and ensure completeness of all transactions for the day at EOD
- Ensure all payments and receipts are in good order for all transactions processed
- Monitor and process Corporate Actions within deadline, ensure all subscription / payment are processed and reflected accurately in client's record
- Provide Operational Support, Processing and Settlement for Nominees’ clients
- Liaise with external parties, eg. brokers, counterparties, custodians and insurance companies, on transaction settlement and system related matters
- Conversion of shares - scrip to scripless and between Exchange
- Prepare monthly MIS Report
- Perform checks on client’s account opening documents and create client’s account in Shares System
- Static maintenance of accounts and counters in Shares System
- Perform AML checks on client via FICO when there is transaction
- Check client list for CAD / MAS compliance reporting
- Download securities prices and ensure price reflected accurately on client’s statement
- Perform monthly stock reconciliation between client and custodian statements
- Disseminate daily corporate announcement to BU and RMD for risk monitoring
- Nostro fund reporting to Treasury dealers for securities purchase / sales
- Extract trading information from Refinitiv for STI component stocks for reporting
- Liaise with external parties, e.g. Brokers, Banks, LCH, Euroclear, SGX on processing and settlement of transactions

**Qualification and Experience**:

- Diploma or Bachelor degree
- 3 years or more experience in Treasury, Custody or Wealth Operations / Middle Office
- Good Microsoft Office skills, using VBA and analytical skills to streamline work processes


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