
Settlements Manager
1 week ago
**Responsibilities**
- Oversee and manage trade operations such as trade processing, clearing and settlements for Equities products.
- Monitor the team to ensure trades are settled accurately and in a timely manner.
- Carry out transaction processing (securities, derivatives, corporate action etc).
- Daily reconciliation of securities positions / holdings.
- Identify trade breaks and perform reconciliation and resolve any discrepancies timely as per SLA.
- Review operations processes, recommend any process automation and digitalization.
- Provide guidance to the team and be an escalation point when they are in need of assistance.
- Participate in the development and implementation of new systems, products, and services.
- Identify opportunities, develop strategies, and design execution of projects and initiatives to increase productivity, improve operational efficiency, and cost savings.
- Contribute to the strategic development of various initiatives
- Assist new product or system enhancement testing and UAT.
- Ensure Standard Operating Procedures (SOPs) are in line with new policies & any ongoing risk management activities etc.
- Ensure all internal controls/procedures are updated on a timely basis and adhered to in strict compliance with the regulatory rules.
- Provide appropriate input in all change initiatives, advising potential impact on the current processes, drives change management in coordination with IT to increase automation and controls.
- Participate in projects and ad-hoc tasks assigned from time to time.
**Requirements**:
- Diploma or University degree in Finance, Business Administration, Economics, or related disciplines.
- 5 years relevant experience within the Banking & Finance industry, preferable with 1 year people management experience.
- Excellent attention to detail and self-motivated.
- Work conscientiously, meticulous, strong sense of responsibility, strong sense of teamwork.
- Strong learning ability, logical thinking, good analytical, problem solving and communication skills.
- Proactive approach to identify opportunities to streamline and automate processes.
- Proficiency in Microsoft Office.
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