Settlement & Back Office Manager

Shinhan Bank Singapore; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Shinhan Bank Singapore is seeking an experienced Back-Office Settlement professional to handle settlements for derivative, treasury and fixed income products. The role involves preparing DTCC and other back-office reports, and managing MEPS+ and CLS operations.

The candidate should have a diploma/degree in Business, Finance or Accountancy, be proficient in MS Word/Excel, and possess strong problem-solving and team skills. Independent work style and tight deadlines are essential.

Qualifications

• Experienced in MEPS+ operation, FX/Derivative Settlement and DTCC Reporting.
• Diploma/Degree in Business, Finance or Accountancy.
• Proficient in Microsoft Office applications: MS Word and MS Excel.
• Knowledge on Euroclear process and Swift message type.
• Able to work independently with minimal supervision and meet deadlines.
• Excellent interpersonal skills, problem solving skills and a team player.

Responsibilities

• Perform settlements of Derivative products including FX Swap, Forward, IRS and CCS.
• Perform settlements of Treasury products such as Money Market, Repo and FX.
• Perform settlements of fixed income products including MAS Bill, US treasury, etc.
• Prepare DTCC report and other back office related report
• Set up and manage MEPS+, CLS
• Co-ordinate and provide effective back-office support to Treasure
• Daily cash management of Nostro Accounts including Euroclear
• Prepare SWIFT’s outgoing messages, confirmations and payments
• Monitor and response to incoming messages related treasury and fixed income
• Ensure all trades and transactions are processed accurately and timely and in compliance with set procedures, controls and guidelines

Skills

FX/Derivative Settlement

DTCC Reporting

MEPS+ operation

MS Word

MS Excel

Swift messaging

Interpersonal skills

Education

Diploma/Degree in Business, Finance or Accountancy

Tools

DTCC Reporting

MS Word

MS Excel

Swift

MEPS+ tools

Job description

• Perform settlements of Derivative products including FX Swap, Forward, IRS and CCS
• Perform settlements of Treasury products such as Money Market, Repo and FX
• Perform settlements of fixed income products including MAS Bill, US treasury, etc.
• Prepare DTCC report and other back office related report
• Set up and manage MEPS+, CLS
• Co-ordinate and provide effective back-office support to Treasure
• Daily cash management of Nostro Accounts including Euroclear
• Prepare SWIFT’s outgoing messages, confirmations and payments
• Monitor and response to incoming messages related treasury and fixed income
• Ensure all trades and transactions are processed accurately and timely and i compliance with set procedures, controls and guidelines

Requirements

• Experienced in MEPS+ operation, FX/Derivative Settlement and DTCC Reporting
• Diploma/Degree in Business, Finance or Accountancy
• Proficient in Microsoft Office applications: MS Word and MS Excel
• Knowledge on Euroclear process and Swift message type
• Able to work independently with minimal supervision and meet deadlines
• Excellent interpersonal skills, problem solving skills and a team player