About Maybank Securities
Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & advisory, navigating debt and equity capital markets, derivatives trading, brokerage and research for both retail and institutional investors, and prime brokerage.
We are growing our Settlement Operations team to support increasing trading activity, expanding product coverage, and broader regional market participation. This role sits within the core post-trade operations function, working closely with internal Trading, Middle Office, Finance, and external brokers, custodians, and clearing agents to ensure accurate and timely settlement of securities transactions.
This is a hands-on, execution-focused role covering end-to-end settlement activities across SGX-listed securities and global markets. The role provides exposure to daily BAU processing, exception management, reconciliations, and regulatory-driven operational workflows, with opportunities to contribute to process improvements and automation initiatives as the business scales.
Key Responsibilities:
Core Settlement & Post-Trade Execution
- Own the end-to-end settlement lifecycle for SGX-listed securities and global markets, ensuring timely and accurate completion of DVP/RVP transactions.
- Drive the preparation and validation of settlement instructions to brokers, custodians, counterparties, and settlement agents across multiple markets.
- Partner closely with Finance to coordinate cash movements, ensuring precise and timely receipts and payments aligned with settlement timelines.
- Execute settlements in full compliance with SGX, CDP, and overseas market requirements, supporting smooth day-to-day trading operations.
- Actively monitor settlement flows, anticipating and resolving exceptions such as failed trades, short positions, and mismatches before they escalate.
Reconciliation, Control & Exception Management
- Perform daily trade and position reconciliations between back-office systems, broker confirmations, and client trade records, ensuring data integrity across platforms.
- Investigate and resolve breaks with a strong control mindset, balancing speed, accuracy, and risk awareness.
- Serve as a key operational contact for front office, middle office, central dealing, and Finance teams, providing timely support to live trading activity.
- Engage externally with brokers, custodians, and counterparties to drive timely resolution of settlement and operational issues.
- Maintain robust documentation, checklists, and audit trails to support regulatory, audit, and internal control standards.
SGX Clearing & Depository Operations
- Support operational activities arising from the firm's role as an SGX Clearing Member, contributing to the stability and integrity of the clearing process.
- Assist in Depository Agent (DA) functions, ensuring accurate depository records and settlement reporting.
- Uphold strong compliance with SGX, MAS, and internal governance requirements in all settlement and depository activities.
Process Improvement & Operational Excellence
- Continuously look for opportunities to simplify workflows, reduce manual touchpoints, and enhance operational efficiency.
- Contribute to automation initiatives, system enhancements, and process re-engineering as the platform scales.
- Work closely with IT, Operations, and Project teams on UAT, implementation, and rollout of new workflows and system changes.
- Keep SOPs and process documentation current, practical, and aligned with evolving business and regulatory requirements.Hands-on experience performing reconciliations across trades, positions and cash, with the ability to investigate and resolve breaks.
Qualification requirement:
- Diploma or Degree in Business, Finance, Accounting, or a related discipline.
- Minimum 3 years of experience in securities operations, settlement, or post-trade processing within a brokerage firm, bank, or custodian.
- Hands-on experience with SGX and global market settlements (e.g. US, EU, HK, APAC) is essential; exposure to clearing and depository operations is an advantage.
- Good understanding of the securities trade lifecycle and settlement processes.
- Strong communication, organisational, and problem-solving skills, with high attention to detail and the ability to work under tight deadlines.
- Proficient in Microsoft Excel and PowerPoint; VBA or automation experience is an added advantage.
- Responsible, proactive, and dependable, with the ability to work independently and as part of a team in a fast-paced environment.
We regret that only short-listed candidates will be notified.
