Middle Office Operations Associate

Trade and Settlement

• Ensure trade confirmations received are accurate and agree with order placed

• Update trade listing, ensure that it is checked before sending consolidated report to principal on daily basis

• Prepare cash and securities transfer form

• Ensure there’s sufficient cash and securities for trades settlement to be done on

timely basis; follow up and ensure trades get settled

• Weekly positions reconciliations with banks or brokers statements

• Provide all transaction supporting documents to Fund Administrator for recording in accounts

• Monitor corporate actions; expected incoming coupon and interest

Loans

• Follow up on loan confirmations and update loan schedules and summaries, ensure interest rate agree with loan agreement and SOFR, SORA, or whatever benchmark rates being determined by agent bank are correct; Ensure loan listings are cross-checked

• Provide all loan confirmations to Fund Administrator for recording

• Send out loan rollover notice 2 days before interest period end date

Bank Account Opening and Maintenance

• Set up bank accounts and ensure it can trade the market and product required

• Close dormant, unused bank accounts

• Respond to banks annual or periodical KYC, AML matters

• Update listing of all bank accounts and its capabilities

Cash management and payments

• Track incoming or outgoing cash, especially those of settlements and coupon or

dividends from portfolio companies; Prepare and send out daily cash report

• Ensure proceeds are either used to reduce loans, for distributions or placed in

deposits; Ensure details of where cash is being used are properly recorded

• Prepare payments instructions. Update payment listings, ensure the same invoice is not paid before

• Provide all payment supporting document, invoices to Fund Administrator for

recording in account

Setting up SPV and Liaise with Registered Agent/ Corporate Secretary

• Set up Special Purpose Vehicle to hold investment, both listed and non-listed

• Ensure all statutory records of all investment holding vehicles are properly updated on timely basis

Margin

• Monitor and prepare margin report

Others

• Open mails and file banks/ brokers statements received

• Other matters where we deem fit

• Ensure all listings have been both maker and checker control

Required trait, quality

• Meticulous and have an eye for detail

• Diligent & responsible

• Possess the ability to think logically and systematically

• Responsive in replying to emails at all times

• Resourceful and team player

• Basic product knowledge will be good

Job Types: Full-time, Permanent

Benefits:

• Health insurance

Schedule:

• Monday to Friday

Supplemental Pay:

• Yearly bonus

Education:

• Bachelor's or equivalent (Preferred)

Work Location: In person

Application Deadline: 30/10/2024
Expected Start Date: 01/11/2024