Genel Bilgiler
Ref No.
81023
Ülke
Filipinler
Bölge
National Capital Region
Şehir
Taguig City
Sözleşme tipi
Sürekli
Meslek Ailesi
F15 - OPERATION PROCESSING
Açıklama
About Business line/Function:
Global Market Securities Settlements team ensures that North & South America domestic Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo.) and positions registered in the books under CIB ITO’s mandate match the commitment taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.
Position Purpose:
Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope
Primary responsibilities of this role include:
- Settlement of Security transactions and associated products in a timely and cost-effective manner
- Timely resolution of nostro and depot breaks
- Mitigation of operational and reputational risk by escalating in a timely and efficient manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades
- Ensuring all trades are instructed, matched & settled on a timely basis
- Monitoring of failing trades
- Reducing fails and/or potential fails by means of pairing off down deliveries
- Minimizing fails by means of partial deliveries where possible
- Pre-matching trades in a daily basis
- Cash Management related with funding trades
Contribute to the overall successful running of the settlement department:
- By maintaining close relationships with traders and sales and escalating problems to them promptly where required
- By maintaining good working relationships with domestic agents and custodians
- By communicating with, and assisting, other operational departments where needed
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.
Technical & Behavioral Competencies
- Basic theoretical understanding and Knowledge of Financial markets, Capital Markets, and Investment Banking Operations
- Good communications and collaboration with remote teams
- At least a Bachelor's Degree in Business Management, Financial Management, Accounting, or any related field
- Must have good communication skills and flexibility with work arrangement
- Proficiency in Excel, with programming skills (VBA, Excel Access) is preferable
- Must be amenable to be assigned to work on a regular US Shift Schedule (9PM-6AM PHT)