Treasury Settlement (Assistant Mgr/Mgr)

at  Ambition

REQUIREMENTS:

• 7-8 years’ treasury settlement experience in the banking industry.
• Good processing knowledge of FX related products.
• Experience with banking systems such as Treasury System, FCC, Swift, MEPS+, SGTR System, and Avaloq.
• Excellent communication, interpersonal, and organizational skills.
• Proficiency in Microsoft Office.
• Knowledge of related regulations including Anti Money Laundering & Terrorist Financing, Customer Data Protection, and Operational Risk issues.
  EA License Number: 23C1935 | EA Personnel Number: R1551292

Transaction and Settlement Process:

• Check and confirm details of various FX related transactions in the system.
• Create new instruments for transactions.
• Process asset transfers between financial institutions and reconcile pre-funding reports.
• Daily update securities Market-to-Market (MTM) prices and seek management approval for data correction if necessary.
• Process Treasury settlements, securities instructions, and monitor settlement status.Inform Treasury for trade settlement funding and
• up on fixing and settlements for structured products.

Corporate Action and Reconciliation:

• Reconcile daily corporate action events and securities positions, including processing corporate actions and checking reconciliation reports.
• Prepare and verify transaction confirmations, process client confirmations, and maintain client documents, including monthly statements.

System Testing and Reporting:

• Assist in system enhancement and identify system bugs.
• Conduct system testing for new products.
• Prepare KPI and Transaction volume reports.
• Check client and custodian fees, and prepare regulatory reports.
• Conduct voice log quality checks for Treasury and Treasury Operation staff.

Other Responsibilities:

• Assist with inquiries from various departments including Marketing, Product team, Investment team, and accounting.
• Review product programs and procedures annually.
• Investigate Nostro breaks and perform periodic self-inspections.
• Attend to internal and external auditors’ requests and queries.
• Process audit confirmations requests from clients and prepare balance certificates.
• Perform any other duties assigned by supervisor/team leader/HOD as required.