Settlement Specialist - Bibit

Bibit.id; Daerah Khusus Ibukota Jakarta; On-site; IDR 100.000.000 - 200.000.000; Full time

Job summary

A financial services firm in Jakarta is seeking a Settlement Specialist to ensure efficient mutual fund operations. Responsibilities include handling transaction settlements, compliance report preparation, and maintaining accurate records. Candidates should have a Bachelor's degree and experience in Operations/Settlement. Strong communication skills and advanced MS Excel are essential for success in this role.

Benefits

Supportive teammates

Health insurance benefits

Self-development activities

Knowledge in financial investment

Qualifications

• Minimum 1 year of experience in Operations/Settlement in relevant industries.
• Licensed in WAPERD is a plus.
• Personal experience as a mutual fund investor is required.

Responsibilities

• Handle daily transaction settlement activities.
• Reconcile daily transactions across related parties.
• Prepare and submit regulatory reports.

Skills

Operational Settlement Knowledge

Advanced MS Excel

Compliance Monitoring

Communication Skills

Analytical Skills

Education

Bachelor's degree in Capital Market or related fields

Tools

S-Invest system

Job description

Overview

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

Benefits

• Supportive teammates
• Health insurance benefits
• Self-development activities that support careers
• Broaden your knowledge in financial investment