Securities Transfer Specialist

2 weeks ago


Singapore TANGSPAC CONSULTING PTE LTD Full time

Top-tier Swiss Bank is looking for a Securities Transfer Specialist responsible for processing security transfer instructions of various products such as equities, fixed income, funds, structured products, derivatives and physical precious metals from clients covering Singapore and Hong Kong booking centres. This role will be responsible for opening of custody accounts with various custodian banks and maintenance of static data in the core banking system. He/she will also ensure daily activities are conducted professionally and accurately while ensuring that internal guidelines and policies are followed.
- Coordinates with internal departments and external sub custodians, custodians, agents & counterparties to ensure that daily work meets organizational standards.
- Monitor the queries received and provide responses or holding replies within a reasonable timeframe.
- Input of transfer instructions received from clients into the core banking system.
- Ensure it meets all the pre-trade validation checks.
- Submits request for security master creation if the instrument is not available in the system.
- Maintenance of counterparty SSI in the core banking system.
- Ensures that the instructions sent to the custodians are in good order, Swift exceptions queues are cleared daily.
- Ensures timely payment of Stamp Duty / Tax and Fees, if applicable for any transfers.
- Participate in User-Acceptance-Testing when required.
- Regulatory Responsibilities &/OR Risk Management.

**Requirements**:

- Diploma/Degree and minimum of 2+ years of relevant experience in banking or related discipline.
- Good knowledge and understanding of the various securities products (i.e. equities, fixed income instruments, funds, structured products, derivatives etc.)
- Proficiency in MS Office software.



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