*APPLY NOW* Settlements Analyst (PB Ops) - 12 months contract - Changi
- Employer
- Allegis Global Solutions
- Location
- Singapore, Singapore
- Salary
- TBC
- Posted
- 16 Jan 2023
- Closes
- 15 Feb 2023
- Ref
- 18160206
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
As an Settlements Analyst, you will perform the following duties:
Responsibilities:
Requirements:
- Perform day-to-day operations such as processing of Structured Products transactions (mainly FCN / ELN and OTC Derivatives)
- Process all transactions accurately and timely in accordance with bank's operational instructions, procedures, and policies
- Send settlement instructions, prepare cash funding between bank and custodian timely and correctly
- Follow up on unmatched/unsettled trades with dealer, broker counterparties
- Adhere to all required controls and procedures as detailed in DOI
- Ensure proper and timely escalation to stakeholders, line managers
- Support any ad-hoc projects, UAT / UVT till successful implementation
- Provide settlement support on SG Public holiday
Responsibilities:
- Perform daily trade reconciliation. Products include FCN, ELN, EQ Derivatives and FX Derivatives
- Process transactions into clients account and ensure these are done accurately and timely, complying with MAS Reg 42.
- Instruct market settlement instructions via custodian platform
- Prepare cash instruction between bank and custodians
- Follow up on any unmatched or unsettled trades with dealer, broker counterparties
- Investigation of stock & cash breaks
Requirements:
- Diploma or Degree holder in Banking and Finance
- Knowledge of investment products settlement
- Good team player who can work independently
- Positive work attitude and ability to meet tight deadlines