Officer, Equity Settlement

Citibank N.A.; Singapore; On-site; USD 50,000 - 70,000; Full time

Job summary

A leading financial institution is seeking an Officer for Equity Settlement to provide operations support for trade reconciliation and settlement processes. This role involves investigating securities transactions and collaborating with various departments to resolve issues. The ideal candidate will have a strong background in trade settlements and possess excellent problem-solving skills. Join a dynamic team that values collaboration and continuous improvement in a fast-paced environment.

Qualifications

• Knowledge of Trade settlements and Equity Linked Notes is advantageous.
• 2-3 years relevant experience in the securities field may be considered.

Responsibilities

• Provide operations support for Trade Settlement and Shares Transfer.
• Perform investigation/reconciliation for positions holdings.
• Identify and resolve securities settlement issues.

Skills

Problem-Solving

Decision-Making

Teamwork

Education

Degree in Business Administration

Diploma in Banking & Finance

Job description

The Officer, Equity Settlement role is an intermediate level position responsible for providing operations support services for trades reconciliation/settlement and share transfer related process. The overall objective of this role is to facilitate the clearance, settlement and investigation of client securities transactions.

Responsibilities:

• Provide operations support for Trade Settlement, Shares Transfer / Scrip Conversion, and Equity Linked Notes settlement.
• Perform investigation/reconciliation for positions holdings and internal Bank accounts.
• Escalate transaction processing issues to the appropriate department and collaborate on a solution.
• Identify and resolve securities settlement issues and make process improvement recommendations to leadership.
• Uses professional judgment, discretion, and business expertise to resolve varied and complex issues that have notable impact on the business.
• Participate in UAT testing, contribute to the projects, and process enhancements initiatives handled by the team with specific project/learning outcomes.

Qualifications:

• Knowledge and experience of Trade settlements, Equity Linked Notes, Shares Transfer / Scrip Conversions for Equities will be added advantage.
• Proven ability to perform various concurrent activities/projects in a high-risk environment.
• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements.
• Willing to contribute and work as a team, including overtime or on weekends/public holidays to support business activities/projects on a need to basis.
• Demonstrated problem-solving and decision-making skills.
• Degree Holder or Diploma in Business Administration, Banking & Finance.
• Candidates with at least 2-3 years' relevant experience/qualifications in the securities field may be considered.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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