• Competitive
  • Singapore
  • Contract, Full time
  • OCBC Bank
  • 2018-07-17

Manager - Securities Operations (Contract, Contra and Settlement Team) (6 months contract)

Manager - Securities Operations (Contract, Contra and Settlement Team) (6 months contract)

The Job
The candidate will assist the Equities Processing Team (Contract, Contra and Settlement) to ensure that the equities, fixed income and equity linked notes trades are captured in system and settled promptly in the various stock exchanges. This will include working closely with various stakeholders such as Dealing teams, Payment & Receipt operations team, Corporate Action team etc. The candidate will also participate in the departmental projects and initiatives.

Responsibilities include:
  • Review and reconcile trade confirmations from counterparties/ brokers/ front office
  • Liaise with counterparties on trade confirmation discrepancies and trade mismatches
  • Enrichment of trades to ensure accurate and timely capture of trade details
  • Ensuring accurate and timely settlement of trades via
    • instructing of shares settlement towards brokers and custodians
    • instructing of cash funding in ensuring sufficient balances for trades settlement
  • Reconciliation of trades between custodians and book records
  • Perform risk assessment review to ensure adequate risk control
  • Perform management reporting
  • Respond to enquiries
  • Participate in department's initiatives and projects
  • Other operational duties as may be assigned from time to time

  • Minimum 3 to 5 years working experience in Financial Services, knowledge in trades and settlement processing for Equities, Fixed Income and Structured Products
  • Able to support non Asia working hours and work on SG public holidays
  • Positive attitude with ability to work under pressure with tight timelines
  • Effective communication skills with
  • Team player with preferably staff management experience
  • Pro-active with the ability to work independently and also a strong team player are essential attributes
  • Proficient in Microsoft Office applications
  • Proficient in Client Accounting Systems, SGX systems and Reconciliation tools
  • Candidates from securities/brokerage back office experience have added advantages

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