Corporate Action and Operations, Associate/senior

Search Ally Pte Ltd SingaporePosted 2 hours ago Permanent $5K - $5.5K per month
- Responsible for Corporate Action and back-office support.

**RESPONSIBILITIES**:
Corporate Action
- Check corporate action events daily in custodian system and inform RM.
- Follow up corporate action and reply to custodian bank.
- Process corporate action incomes/securities received.

Transaction Process
- Check transactions details of FX (Spot, Forward, NDF), FX Option, Structured Product, Bond and Note, Equity and Fund, and Derivative products and confirm in system.
- Create new instruments for transactions.
- Process asset transfer: contact counterparties, custodians and input transactions in system.
- Check Pre-funding report.
- Daily update of securities MTM price to system which includes follow up valuation reports
- Seek management approval for data correction if necessary.

Settlement Process
- Process Treasury and PB settlements and check settlements interface status in system.
- Process securities instructions and monitor settlement status.
- Inform Treasury for trade settlement funding.
- Follow up fixing and settlements for structured products.

Reconciliation and Daily Reports
- Check securities positions reconciliation.
- Check reconciliation reports: TA & Murex, TA & FCC.
- Check reports generated by system.

Confirmation and Statement
- Prepare and check confirmations for equity, funds, income transactions, cash movement etc.
- Process client confirmations.
- Verify and maintain client transaction documents, e.g. PSP, Term sheet, Confirmations.
- Verify documents signed and scan in systems.
- Prepare monthly statement list and print out monthly client statements.

System Testing and UAT
- Assist in system enhancement and identify system bugs.
- System testing for new products.
- Annual SG BCP drill and HQ DR.
- MEPS annual DR.

Monthly Jobs and Reporting
- Prepare KPI and Transaction volume reports etc.
- Client fee checking and process: hold mail fee, account maintenance fee.
- Custodian fee checking and input GL in system.
- Prepare Regulatory reports or any ad hoc reports requested by regulators.

Others
- Assist on inquiries from Marketing, Product team, Investment team, accounting, etc.
- Product program reviewing
- Annual review on procedures and working manuals.
- Investigation on Nostro breaks
- Perform periodic Self-inspection.
- Attend to internal and external auditors’ requests and queries.
- Process audit confirmations requests and prepare balance certificate requested by clients.
- Carry out any other duties as assigned by supervisor/HOD as and when required.

**REQUIREMENTS**:

- Relevant Corporate Action and Treasury operation, transaction and CLS settlement experience.
- Good processing knowledge of financial products: FX, FX Option, Swap, Equity, Funds, Bonds, Notes, Structured products, etc.
- Relevant experience in banking system (e.g. Murex, FCC, PB System, Swift, MEPS+, SGTR System).
- Derivatives Trade Reporting experience is required
- Good communication, interpersonal and organizational skills
- Good knowledge of Microsoft Office
- Knowledge of related regulations, Anti Money Laundering & Terrorist Financing, Customer Data Protection and Operational Risk issues.

SEARCH ALLY PTE LTD | [EA License Number] 18C9289 | [Registration Number] R1551292

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