Settlement – Team Leader

Job Description:

Reporting to the Head of Operations, you will be leading a team of 3 persons focus on the smooth running of the Settlement Section.

The role’s responsibilities include:

• Manage the day-to-day processing function of treasury and wealth management products.
• Check and verify treasury and wealth management transactions.
• Check and verify swift payments, receipts and other outgoing messages to ensure timely settlement of funds.
• Provide treasury department with daily nostro funding positions for their liquidity management.
• Maintain and monitor treasury limits to ensure compliance.
• Review terms in Bankers Acceptance Financing.
• Check corporate action events including reconciliation of clients’ entitlements.
• Liaise with related departments, counterparties and custodians for any trade mismatch, queries and settlement issues.
• Review work processes for new products.
• Review and improve workflow procedure to maximize operational efficiency and reduce operational risks.
• Participate in system improvement projects.
• Supervise and train support staff in the performance of their duties.
• Attend to any other duties as assigned from time to time by Supervisor/Management.

Requirements:

• Bachelor Degree from a recognized institution.
• At least 10 years of relevant working experience in the banking industry.
• Comprehensive knowledge of treasury and wealth management products.
• Experience in DTCC reporting.
• Knowledge in Euroclear settlement process.
• Have to be able to multitask, work under pressure and meet tight deadlines.
• Meticulous and detail-oriented.
• Possess positive attitude, pro-active and leadership skills.
• Good communication and interpersonal skills.

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