Senior Settlement Officer
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Job Description:
• Responsible for clearing, settlements, and transfer of securities and derivatives for global markets and products as per the directives of senior management.
• Reconcile positions, trades, and cash against internal records for global markets and products, ensuring accuracy and compliance.
• Conduct investigations on any discrepancies in trades and positions, and work with internal teams (e.g., processing teams) and external parties (e.g., agents/custodians) to ensure timely resolution.
• Manage end-to-end Corporate Action (CA) event processing, including mandatory and voluntary CA events.
• Assist in the creation and maintenance of policies, procedures, systems, and controls that govern and support the department.
• Conduct process reviews to identify opportunities for process improvements and system automation initiatives.
• Maintain and document reconciliation process procedures to ensure clarity and compliance.
• Participate in the system enhancement process by providing input on requirements and supporting UAT (User Acceptance Testing) to ensure systems are functioning as needed.
Note: Trading activities are conducted as per instructions from senior management, and the role does not involve developing trading strategies.