Settlements, Team Lead
2 days ago
Posted by
Hagen Lee- Co-Founder, Director
StriveX is partnering with a regional bank who is seeking a Team Lead to join their Settlements Department. In this role, you will manage a team of 3, overseeing the daily operations of Settlements, ensuring smooth and timely processing of treasury and wealth management transactions.
Role and Responsibilities
- Oversee the day-to-day settlement functions for treasury and wealth management products.
- Review and verify transactions, SWIFT payments, receipts, and outgoing messages to ensure timely fund settlements.
- Provide the Treasury Department with daily nostro funding positions for liquidity management.
- Monitor and maintain treasury limits to ensure compliance.
- Assess terms for Bankers Acceptance Financing and review corporate action events, ensuring accurate reconciliation of client entitlements.
- Collaborate with internal departments, counterparties, and custodians to resolve trade mismatches and settlement queries.
- Evaluate and enhance workflows for new products and overall operational efficiency while mitigating risks.
- Contribute to system enhancement projects.
- Supervise, mentor, and train the support team.
- Perform additional duties as assigned by management.
Key Requirements
- Bachelor's degree
- 10-15 years of relevant banking experience in settlements and operations.
- Strong understanding of treasury and wealth management products.
- Experience with DTCC reporting and Euroclear settlement processes.
- Ability to multitask, work under pressure, and meet tight deadlines.
- Detail-oriented with strong analytical skills.
- Proactive leader with a positive attitude.
- Excellent communication and interpersonal skills.
StriveX Pte Ltd, EA License No: 23S2077
Lee Boon Hou (Hagen), Registration No: R1870932
- ABOUT COMPANY
- StriveX Pte Ltd
- Singapore
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