AVP (12 months contract), Investment Services (Operations - Trade Settlement) (822245002A0) | S[...]

Temasek International Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Temasek International Pte Ltd is seeking an AVP Settlements Lead on a 12-month contract to oversee end-to-end trade settlement processes. The role involves leadership, collaboration, and driving efficiencies in operations, requiring significant experience in trade operations and strong strategic skills.

Qualifications

• Degree in Business Administration or equivalent work experience.
• 8+ years experience in trade operations or settlements-related role.
• Experience managing teams in a dynamic environment.

Responsibilities

• Oversee settlement-related activities, ensuring accuracy and timeliness.
• Identify opportunities for process improvement in settlements.
• Serve as the main contact for settlement issues.

Skills

Leadership

Strategic Thinking

Problem Solving

Communication

Attention to Detail

Education

Bachelor's degree in Business Administration or related qualifications

Job description

AVP (12 months contract), Investment Services (Operations - Trade Settlement) (822245002A0)

AVP (12 months contract), Investment Services (Operations - Trade Settlement) (822245002A0)

Temasek International Pte Ltd Singapore Apply now Posted 1 day ago Self Employed Competitive

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.

Our Purpose So Every Generation Prospers guides us to make a difference for today's and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

For more information on Temasek, please visit www.temasek.com.sg

For Temasek Review 2024, please visit www.temasekreview.com.sg

For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024

Introduction

Investment Services (IS) serves as a value partner by delivering end-to-end investment support services to advance investment strategies. With a focus on operational excellence and scalability through digital innovation, IS bring together all investment support services spanning from deal advisory, valuation, trade and life cycle operations, enterprise and core data management, data and analytics enablement, investment accounting and sustainability reporting to deliver business outcomes.

The Operations team manages and delivers E2E trade support and settlement activities in an efficient manner whilst ensuring effective compliance and controls. The team also manages and maintains the relationships with service providers such as banks, trading partners and other trade support services.

The role

The Settlements Lead will be part of the Operations pillar under Investment Services (IS). The Settlements Lead will be responsible for overseeing end to end workflow (from account readiness to settlement for all investment activities across all asset classes. This role will involve close collaboration with internal Temasek teams as well as external counterparts (e.g., brokers, counterparties, custodians) to ensure infrastructure readiness, accurate and timely settlement of trades in accordance with control frameworks. The Settlements Lead will also be responsible for identifying opportunities for process improvements, and driving ongoing optimization in all settlement-related workflows, thereby increasing operational efficiencies, and reducing risk

Responsibilities

Lead and oversee Settlement processes.

• Oversee all settlement-related activities performed by the team, including settlement netting, executing payments and resolving failed trades
• Serve as the main point of contact for both internal Temasek teams and external parties to resolve issues and discrepancies related to settlements
• Maintain oversight of settlement-related controls and risk management frameworks, ensuring adherence to global regulatory requirements
• Ensure that all settlement activities are performed accurately and in a timely manner, escalating critical settlement failures to senior management where necessary

Drive operational excellence in the settlement process

• Ensure that processes are in place to settle trades in a timely and accurate manner, with escalation protocols where necessary
• Improve settlement-related workflows on an ongoing basis, identifying and executing on opportunities to drive efficiency gains
• Keep up to date on market developments in settlement regulations, and evaluate their impact on existing workflows

Serve as a business partner and advisor

• Work closely with the Operations pillar (specifically, the Trade Support team) and other Temasek teams, answering all settlement-related queries and providing support as required
• Provide subject matter expertise into any new business initiatives, specifically highlighting settlement risks and requirements

Requirements

• Bachelor's degree in Business Administration / other related qualifications, or equivalent work experience
• 8+ years of experience in a trade operations or settlements-related role , preferably with exposure to the Asset Management industry
• Experience with managing teams in a dynamic, fast-paced and growing environment
• Strong leadership, strategic thinking and problem-solving skills with the ability to influence others at all levels of the organization and harness best practices to drive efficiencies in ways of working
• Results-orientated attitude with an attention to detail and accuracy
• Strong and effective communication skills, with ability to connect and work with multiple audiences (e.g. both internal and external stakeholders) and articulate points of view persuasively

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