1 Year Trade Support $6K #banking #MiddleOfficeOperations#TNJH

Local bank @ Raffles Place Department: Private Bank – Client Fulfilment – Trade Support Job Duration: 12 Mths Position: Senior Officer Working Hours: 9AM to 6.30PM Monday to Thursday, and 9AM to 5.30PM Friday with 1 Hour meal break Salary: Up to $6,000 +1-month Completion Bonus Job Description: The successful candidate will be part of the Private Bank Trade Support team providing middle office trade settlement support forsecurity transactions and all other settlement related activities. Theseactivities include: • Liaison with Back Office and counter parties to ensure accurate and timely settlement of Securities Transfers transactions. • Validate security transactions in PB system prior to instructing processing units. • Communicate settlement discrepancies/exceptions to Front Office, Back Office and relevant parties including providing instructions and guidance on proper resolution of issue. • Reconcile cash and security positions with internal and external counter parties on a daily basis and ensure timely resolution of any discrepancy. • Providing support for opening of accounts, both internal and external, to facilitate settlements. • Dissemination of corporate action notifications from custodians and ensuring timely receipt of response from Front Office. • Coordinating with internal and external parties to process client’s portfolio transfer instructions involving different asset classes. • Maintenance of static data of securities in PB system • Providing assistance and advice on security settlement subject matters. Requirements: • Diploma or Degree in Banking, Finance, Business or related discipline • 2 to 5 years of relevant experience in securities settlements, trade support or middle office operations • Hands on experience in Securities Transfers within a Wealth Management/ Private Banking environment and candidates with broader Settlements background would be a plus. • Prior experience in Private Banking or Wealth Management environment would be advantageous • Familiar with end to end trade lifecycle; validation, settlement, reconciliation and exception handling • Experience liaising with Front Office, Back Office, custodians and external counterparties • Knowledge of corporate actions and portfolio transfers across different asset classes is a plus • Strong attention to detail with ability to manage high volume transactions accurately • Good communication skills and able to work with multiple stakeholders • Able to work in a fast paced environment and meet tight settlement timelines Interest applicants, pls email updated resume to north@recruitexpress.com.sg Kasey Kong The Outsourcing Team Recruit Express Pte Ltd EA Lic: 99C4599