Settlement Specialist - Bibit

STOCKBIT.COM; Cipulir; On-site; IDR 165.755.000 - 248.633.000; Full time

Job summary

A financial technology startup is seeking a Settlement Specialist to ensure the smooth execution and reconciliation of daily transactions related to mutual fund operations. You will monitor compliance, handle settlements, and support reporting to management. Candidates should have a Bachelor's degree in a relevant field and experience in Operations. Advanced MS Excel skills are essential, along with strong communication abilities.

Qualifications

• Minimum 1 year of experience in Operations/Settlement within APERD, Custodian Bank, Securities, or Investment Manager preferred.
• Licensed in WAPERD is a plus.
• Personal experience as a mutual fund investor is required.

Responsibilities

• Handle daily transaction settlement activities and monitor fund suspensions.
• Reconcile daily transactions to ensure accurate settlement processes.
• Prepare and submit regulatory reports and ensure compliance.

Skills

Strong knowledge of the S-Invest system

Advanced MS Excel skills

Good communication and interpersonal skills

Strong initiative

Attention to detail

Analytical skills

Education

Bachelor’s degree in Capital Market, Finance, Accounting, or Management

Job description

As a Settlement Specialist, you will play a key role in ensuring the smooth execution, reconciliation, and reporting of daily transactions related to mutual fund operations. You will be responsible for monitoring compliance with regulations, handling settlement activities with custodians and banks, and supporting reporting to both management and regulators.

Responsibilities:

• Handle daily transaction settlement activities and monitor fund suspensions.
• Reconcile daily transactions across related parties to ensure accurate settlement processes.
• Prepare and submit regulatory reports; and ensure compliance with OJK and related regulations.
• Maintain accurate records for audit documentation.
• Handle client and partner communications, coordinate with internal teams and external stakeholders to resolve issues.

Requirements

• Bachelor’s degree in Capital Market (preferred), Finance, Accounting, or Management
• Minimum 1 year of experience in Operations/Settlement within APERD, Custodian Bank, Securities, or Investment Manager preferred
• Strong knowledge of the S-Invest system
• Licensed in WAPERD is a plus
• Personal experience as a mutual fund investor (having and transacting mutual funds) is required
• Advanced MS Excel skills (pivot tables, formulas, reconciliation tools)
• Strong initiative, attention to detail, and analytical skills
• Able to work independently as well as collaboratively in a team
• Good communication and interpersonal skills

We are a startup company with a mission to increase financial literacy in all circles of society through the most optimal investment technology.

If you have the same mission to #TumbuhBersama with us, we want to know you better!