Overseeing all activities pertaining to cash management, broker settlement, client and exchange settlements, cash reconciliation, transfer of cash and securities, corporate actions, and internal and external reporting.
Contribute to the development and documentation of the Companies operating policies and procedures and implementation of agreed upon operating policies and procedures.
Augment the development of KPI's for the purpose of monitoring operations performance and quality and ensure best possible turnaround is achieved by the operations team in all its functions.
Assess the client's cash flow requirements and assess the cash flow short falls, investigate which options are available in the markets for short term funding. Negotiate the terms and conditions related to these options and ascertain requirements in conjunction with the most appropriate option or series of options available.
Manage the operational requirements on a day-to-day basis and control all requests for the same.
Perform all the client cash and securities management related functions and ensure all client cash and securities management operations are in line with applicable regulations.
Account setup and configuration for trading into financial instruments including derivatives across different currencies.
Derivatives accounts cash management and reconciliation.
Ensure Daily, Monthly Broker, Custody and Bank account reconciliation.
Record corporate actions to Client accounts and apply and receive corporate actions once provided by the depository/custodian/exchange.
Manage compliance with tax regulations in various countries
Monitoring and managing receivables and payables
Daily trading confirmation/client reporting.
New Exchange/custodian account opening setup
Liaise with executing brokers in relevant matters
Liaise with the Companies external auditors as part of their audit of the firm's financial statements and provide audit requirements related to operational matters
Monitor compliance with client onboarding and AML requirements in liaison with Companies MLRO.
Job Requirements
10+ years of Operations settlements experience in a brokerage.
Hands-on experience in account set up settlement's corporate actions margin calculations etc.
Experience in handling and supporting corporate clients, custodians, partner brokers, counterparties, and internal users on operational and settlement related issues.
A strong team player and able to work effectively at different levels of the organization with good communication (both verbal and written) skills.
Ability to work under pressure independently and multitask
Willing to learn new technologies.
Strong understanding in managing collaboration tools.
Versatile in learning and desire to remain up to date with changes in the marketplace.
Excellent interpersonal and communication skills.
Able to articulate well on solution(s)
Fluent in English. Good command of other Asian languages is an advantage
