Executive Summary
Smart IMS Inc provides Digital technology & Cloud transformation services, Application & Infrastructure Management Services, Unified Communications and Insurance implementation services to customers across the Americas, Europe, Middle East, and Asia-Pacific regions. As the trusted technology and business partner of leading MNCs, including Global Investment Banks, Smart IMS is also a Microsoft Gold Certified Partner, Oracle Platinum Partner and AWS MSP Partner.
We are looking to hire an Equity Settlements Analyst in Singapore to support our client which is a top global investment bank. The role is responsible for the clearing, pre-matching and settlement of equity executions on behalf of global clients trading in Hong Kong/Stock Connect (SH/SZ) markets. He/she will perform reconciliation to uphold the necessary custodial service requirements.
Responsibilities:
- Performing cross-border settlement
- Check booking/settlement accuracy
- Post journal entry
- Perform reconciliation on stock and cash as well as investigate and follow up on breaks resolution
- Follow up outstanding settlement items
- Initiate stock borrow for failed trades
- Monitor stock return for borrowed stocks
- Liaise with internal/external client and local custodians
- Funding of trade settlements
- Performing front to back ETF creation and redemption process
- Monitor trade settlement via CCP terminals to prevent buy in
- Prepare stamp duty payment
- Margin payments arrangements
Requirements:
- At least 1-2 years of equity settlement experience in the banking / financial services domain
- Understanding of the fronttoback flow between trading desk and operations, including custody services.
- Quantitative, analytical, proactive, a team player, able to work under pressure while adhering to tight deadlines.
- Attention to detail and the ability to process tasks accurately and in a timely manner.
- Control focused with a good understanding of risk and the impact of errors able to initiate solutions to remediate problems.
- Confident and articulate communicator.
- Microsoft Office knowledge and skills, particularly MS Excel.
- Business-level spoken and written English.
- Knowledge of financial markets is essential.
- Selfmotivated and able to work unsupervised.
Other Qualifications:
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
- Excels in working among diverse viewpoints to determine the best path forward.
- Experienced in connecting with a diverse set of clients to understand future business needs is a continuous learner.
- Committed to challenging the status quo and promoting positive change.
- Participates in and drives collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
- Believes in the value of diversity to reflect, connect with, and meet the diverse needs of clients and employees around the world.
