Settlement Officer(JD#10399)

SCIENTE INTERNATIONAL PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A financial services consulting firm in Singapore is seeking an Ops - Settlement Officer to support asset setup and maintenance for wealth management operations. The candidate will manage various financial instruments within the Avaloq system and ensure compliance with all regulations. The ideal candidate should possess a basic understanding of financial products and experience in a banking operations environment. Interested applicants should send their resumes to [e-mail].

Qualifications

• Basic understanding of financial instruments such as equities and bonds.
• Experience in operations or middle office within banking.
• Strong attention to detail and data accuracy.

Responsibilities

• Support Singapore and Hong Kong business units on asset setup.
• Ensure compliance to all policies and regulations.
• Perform User Acceptance Testing when required.

Skills

Detail-oriented

Communication skills

Organizational skills

Microsoft Excel

Data management

Tools

Avaloq

Job description

Job Summary:

We are looking for an Ops - Settlement Officer with a strong interest in financial products, data management, and process accuracy. The ideal candidate will be part of the Wealth Management Operations team, supporting Singapore and Hong Kong business units in asset setup and maintenance within the Avaloq system.

Mandatory Skill-set:

• Basic understanding of financial instruments (Equities, Bonds, Options, Structured Products).
• Experience in operations or middle office within banking or financial services.
• Strong attention to detail and accuracy in data handling.
• Good working knowledge of Microsoft Excel and Word.
• Ability to follow processes and adhere to compliance standards.
• Effective communication skills to liaise with cross-functional teams.
• Strong organizational and time management skills.

Desired Skill-set:

• Hands-on experience with Avaloq core banking system.
• Familiarity with Singapore and Hong Kong financial market practices.
• Exposure to structured products documentation (e.g., Termsheets).
• Experience with master data setup (Business Partners, SSIs, Money Accounts).
• Involvement in User Acceptance Testing (UAT) or process improvement initiatives.
• Knowledge of operational risk and SLA management.

Responsibilities:

• Support Singapore and Hong Kong business units on setting up and maintenance of variousasset types (Example: Equity/Bond/Option) in the main system (Avaloq).
• Enrich Structured Product lean assets against details in Termsheets and liaise with Productteam on any clarifications.
• Set up and maintain Business Partners, Containers, Standard Settlements Instructions andMoney Accounts to facilitate operations.
• Re-formatting and uploading of Termsheets for client documentation.
• Support new initiatives and perform UAT when required.
• Ensures full compliance to all policies and regulations. This includes adherence to SLAs(Service Level Agreement) with Wealth Business and other internal and external customers.
• On-time escalation of issues and risks to the Team leader or to the Department Head.
• Performs other duties that may be assigned from time to time.

Should you be interested in this career opportunity, please send in your updated resume to [e-mail] at the earliest.

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Confidentiality is assured, and only shortlisted candidates will be notified for interviews.

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