Officer Equity Settlement

15573 CITIBANK SINGAPORE LTD; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading financial institution in Singapore is seeking an entry-level Officer for the Equity Settlement role. This position involves providing operations support for trades reconciliation and settlement, alongside share transfer processes. The ideal candidate should possess knowledge of trade settlements and display strong problem-solving skills. Responsibilities include handling trade settlements, conducting reconciling investigations, and ensuring timely transaction processing to meet client expectations. The role requires adaptability and a team-oriented mindset.

Qualifications

• Knowledge of Trade settlements, Equity Linked Notes, Shares Transfer/Scrip Conversions is an advantage.
• Ability to manage projects in a high-risk environment.
• Willingness to work overtime or on weekends when necessary.

Responsibilities

• Provide operations support for Trade Settlement and Equity Linked Notes settlement.
• Perform investigation/reconciliation for positions holdings and internal accounts.
• Timely handling of transactions while exceeding service expectations.

Skills

Knowledge of Trade settlements

Proven ability to manage concurrent activities

Problem-solving skills

Ability to work under pressure

Teamwork contribution

Education

Degree or Diploma in Business Administration, Banking & Finance

Job description

The Officer, Equity Settlement role is an entry 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.
• Timely handling of transactions, meeting and exceeding the Service expectation with internal and external clients.
• Deals with most problems independently and has some latitude to resolve complex problems.
• Monitor work progression ensuring completion of assignments by requested due date.
• Uses professional judgment, discretion, and business expertise to resolve varied and complex issues that have notable impact on the business.

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 or other relevant qualifications.

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