Settlement Specialist (3-5 years)

  • Negotiable
  • Singapore
  • Permanent, Full time
  • Morgan McKinley Singapore , EA Licence No: 11C5502
  • 10 Apr 19

My client, a mid size bank is looking for a settlement specialist with at least 3 years of experience. This position has responsibilities in both Settlement as well as Trade Support services supporting the bank's front office businesses of Treasury, FICC and Corporate business.

My client, a mid size bank is looking for a settlement specialist with at least 3 years of experience. This position has responsibilities in both Settlement as well as Trade Support services supporting the bank's front office businesses of Treasury, FICC and Corporate business.

  • Perform end to end processing for traded products such as FX/MM, Derivatives and Securities This includes timely validation of trade bookings, prompt action on Confirmation matching, accurate settlements of trades, cash management, local payment clearing, post cash/trade break rectification and regulatory reporting to EMIR, MAS,HKMA and ECB etc.
  • To perform Trade Support services for transactions such as FX, FX-Options, and financial derivatives trades booked in Singapore. This includes timely checking of trade bookings to ensure completeness, prompt action on confirmation matching to ensure any errors are rectified on trade date.
  • Performs trade checking and ensuring completeness for all types of treasury products including financial derivatives (such as FX-Options, NDO, NDF, Exotic options etc.)
  • Monitor and perform confirmation matching
  • Liaise with brokers and counterparty banks to resolve operational or settlement issues.

Work Experience

  • At least 3-5 years' experience in similar capacity.
  • Strong product knowledge in wide range of financial instruments especially in area of bookings and settlements
  • Well versed with regional and local market practices on clearing and settlements for various financial products
  • Has experience with the handling of standardised documentation for various financial products (such as ISDA etc.)
  • Good understanding of relevant regulatory bodies (e.g. MAS) and rules as well as internal controls to ensurecompliance to local laws/standards as well to head-office requirements.
  • Service and customer oriented.

Morgan McKinley Pte Ltd
EA License No: 11C5502
Registration No: R1549612
EAP Name : Dhanushi De Silva