About the role
AI summarisedThis role is for a Security Settlement Operation Specialist within Wealth Management Operations at a bank. The specialist will handle settlement operations, ensuring timely and accurate processing of securities transactions.
BusinessFull-timeGeneral
Key Responsibilities
- Process and settle securities transactions in a timely and accurate manner
- Ensure compliance with regulatory requirements and internal policies
- Liaise with counterparties, custodians, and internal stakeholders to resolve settlement issues
- Monitor and reconcile settlement positions and cash breaks
- Support trade confirmation and affirmation processes
- Assist in system enhancements and UAT testing for settlement systems
- Prepare and submit regulatory reports related to settlement activities
- Identify and escalate operational risks and exceptions
Requirements
- Degree in Finance, Business, or related discipline
- Minimum 2 years of experience in securities settlement operations
- Good knowledge of settlement processes and market practices
- Familiarity with SWIFT messages and settlement systems
- Strong analytical and problem-solving skills
- Ability to work under pressure and meet tight deadlines
- Good communication and interpersonal skills
- Proficient in Microsoft Office applications, especially Excel
- Detail-oriented and able to handle high volume transactions
- Knowledge of regulatory requirements for securities settlement