We are a dynamic Money Broking firm located in the heart of Raffles Place, and we're on the lookout for an enthusiastic individual to join our team. If you're ready to dive into a fast-paced environment where your insights and skills can drive success, this is the opportunity for you.
Settlement Officer - Key Functions & Job Duties
Trade input and checking of trade confirmations
- Ensure accurate & timely input of trades and trade confirmations for all products (including intercompany trades)
- Prepare & send trade notifications via MarkitWire and Reuters Trade Notification Service (RTNS)
- Ensure that all qualifying trades input for benchmark calculations for SOR, THB Spot and SGD Spot are in accordance with the SOR Code of Conduct
- Liaise & rectify discrepancies with internal and/or external parties on trades and trade confirmations
- Check daily trade confirmations from agents
Daily Trade Summary, Brokerage Reports, Monthly Invoices, Etc
- Send daily trade summary to Banks
- Send daily brokerage report to Management
- Prepare & send monthly exchange rates to banks
- Check & send monthly invoices to banks
- Liaise & rectify discrepancies with internal and/or external parties on monthly invoices
Systems (NBA / Marketwire / RTNS)
- Setup new account and inputting all static data (such as customer details, settlement instructions, brokerage rates, etc) and ensure the setup is complete and accurate
- Update of any changes in the static data of existing customers (such as customer details, settlement instructions, brokerage rates, etc)
- Liaise & rectify discrepancies with internal and/or external parties on brokerage agreement related matters
- Interact with external and/or internal parties on setup and/or update Traders and/or trading information for RTNS and Markitwire
- Ensure daily trades reconcile to NBA system
Others
- Ensure compliance to SOR Code of Conduct by ABS and any applicable law.
- Prepare audit reports
- Any other ad hoc assignment by Management
Requirements
- At least GCE O level
- Preferably some experience working in settlement department
- Team player, good interpersonal and communication skills
- Willing to work outside normal office hours
- Need to be comfortable communicating with brokers (confirming details and queries)
- Good with details
- Willing to learn
- Able to work on public holidays
