Corporate Actions Settlement Executive
Job Summary
This role involves managing corporate entitlement processing and financial operations within the Bank Operations department. The incumbent will be responsible for executing post-trade settlement processes and ensuring accurate fund management. It requires high attention to detail to handle FX, MM, and corporate action events effectively.
Responsibilities
- Execute post-trade and cash settlements
- Manage FX, MM, and CBG SMF transactions
- Process Corporate Action events
- Reconcile data and investigate discrepancies
- Liaise with clients and custodians
Required Skills
- Bank operations knowledge
- Settlement process expertise
- Attention to detail
- Data entry and reconciliation
- Communication skills
Job Details
Specific responsibilities include:
1. Payment & Settlement Expertise:
- Execute comprehensive post-trade and cash settlement processes within back-office systems, including preprocessing payments to investment banks, brokers, and customers, as well as payments related to FX/MM deals.
- Prepare next-day payments efficiently in AMH.
- Process FX, MM, and CBG SMF transactions accurately.
- Support outward payments (trade settlement) to brokers/counterparties and manage fund transfers between house and trust accounts maintained with various nostro banks.
2. Fund Management & Reconciliation:
- Assist with the processing of Corporate Action events in the Vickers Operations team, as well as other ad hoc operations and processing tasks.
- Translate Corporate Action events details into our system (e.g., interpreting dividend payment notices and inputting data accordingly).
- Perform ad hoc operations and processing tasks, including reconciling data and investigating discrepancies.
- Answer queries from clients and liaise with custodians for the resolution of outstanding issues.