Settlements Associate  

Role Summary:

Responsible for day to day execution of settlements transactions, including recording, settlement and reconciliation.

Main Duties and Responsibilities:

• Prepare Letter of Instructions for money market and FX transactions
• Process money market and FX settlement for Trust clients
• Monitor accurate and timely settlement of transactions
• In charge of documentation for new counterparties, brokers or new accounts
• In charge of documentation for annual KYC requirements of counterparties or brokers
• In charge of documentation for account closure
• Check and review completeness and accuracy of transaction files and Trust client documents
• Maintain transaction folders and client documents
• In charge of sending and receiving correspondences
• Comply with regulatory requirements, company and group policies; maintain compliance awareness

• Relevant educational qualifications, preferably in university degree in economics, finance, business, accounting or similar courses
• At least 1-year relevant work experience, particularly in settlements operations in banking or investments industry
• Knowledge of the banking and financial services industries and asset management products
• Efficient and thorough; strong attention to detail with the ability to multitask and prioritize in a deadline-driven environment; firm commitment on quality and excellence.
• Excellent interpersonal skills, able to develop relationships with multiple stakeholders throughout an organization
• Excellent communication skills (both written and verbal)
• Self-motivated, able to work independently in a relatively unstructured environment
• Proficiency with MS Office applications particularly MS Excel, PowerPoint and Word, as well as familiarity with trading systems (Bloomberg etc.)
• Knowledge of accounting and financial concepts, experience with bank accounting and financial statement analysis (highly preferred)
• Ability to identify and resolve potential issues / problems
• High level of integrity