Settlement Specialist - Find My Rizq

Eximius Finance

Overview of Department/Section   Currently there may be an thrilling alternative for a hands-on skilled particular person with detailed information of the funcions related to commerce processing help.  This function will help Fixed Income & Equity merchandise traded in London with settlement within the APAC area.   Main Purpose of the function   Ensuring correct and well timed monitoring and settlement of all Fixed Income and Equity transactions within the Euroclear and the Domestic Market area. Products embrace, Corporates, Government Bonds, Repo, SBL, Cash Equity and Convertibles.    Key Responsibilities   In this function, you may be chargeable for supporting the Settlement Pre-Matching throughout banking arm and securities enterprise underneath a dual-hat association. Under this association, you’ll act and make selections on behalf of each the financial institution and the securities enterprise, topic to the identical remit and degree of authority, and regardless of the entity which employs you. Others duties embrace:   Resolving unmatched trades in Fixed Income and Equity merchandise within the main and secondary markets The monitoring and determination of unmatched trades associated to bilateral Triparty  Euroclear/Clearstream enterprise. Narration / investigation / decision of money and safety breaks. On-borarding of purchasers, understanding buyer SSIs and required to make sure STP out there. Liaise with merchants, authorized and different help areas and counterparts. Support the shopper enterprise to course of requests in a fast and environment friendly method. Minimisation of operational danger of the group, sustaining management over processes and difficult repeatedly. Ensure desk procedures are stored updated and enhancements are made to enhance effectivity. Investigation and determination of reconciliation breaks for all merchandise supported by the Transaction Processing workforce masking all respective markets Processing, Monitoring, reporting and determination of all market borrow positions together with any ensuing obligatory remembers Identification and means of pair off / partial alternatives with counterparties together with the preparation of Payment/receipt directions    Skills and Experience   5+ years monetary markets expertise predominantly based mostly inside prime tier companies’ Fixed Income and Equity Settlements environments. Detailed information of the mechanics of Euroclear, Clearstream ,LCH and key world home markets is important. Understands the necessities linked to Triparty Repo/Security Lending. Hghi degree of expertise within the DTC markets High Level of expertise in Stock Borrow/lend enterprise, predominantly within the US market Understands the operational danger framework and is aware of the Front Office setting at play and the way the workforce’ perform enhances it. Experience of Euclid and SWIFT, as well as Gloss and Intellimatch expertise could be helpful. Product understanding of Repo, margin/collateral course of, Asset Servicing, International Equities Excel, Outlook, Word expertise.

Tagged as: care, intern, IT


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