Job Description

The Cash Settlements team is responsible for the accurate and timely settlement of all OTC Derivative, Foreign Exchange and Commodities cash flows to and from the firm's clients, counterparties and custodians. Additionally, the group performs post settlement reconciliation, fail and break resolution and client support functions. The position requires daily interaction with various clients and broker dealers globally, in addition to Client sales and trading desks, Trade Support, Finance, other Operations groups, and technology teams.

 

The successful candidate will be responsible for Settlement related functions within the wider Cash Settlements team. The successful candidate is expected to become a Subject Matter Expert in their function and provide support to the Director group. 

 

  • Work on day-to-day cash Settlement function
  • Ensuring timely settlement of cash flows and Investigation and resolution of fails 
  • Analysis of current processes and identification of process/system to increase efficiencies
  • Attention to detail and accuracy
  • Metrics reporting using Excel.
  • Ensure timely settlement of cash flows and resolution of fails
  • Subject Matter expert for function and product covered within the group
  • Ability to think out of the box and work on identification of process/system to increase efficiencies
  • Client and Business Unit relationship management

 

 

 

Skills required (essential)

  • Experience within Settlements or applicable product related role
  • Bachelor's Degree
  • Strong analytical, organizational, and verbal & written communication skills
  • Proven ability to work efficiently and accurately under pressure in a fast paced-multi tasking environment
  • Proactive and self-motivated
  • Strong Microsoft Excel and Word skills
  • Flexible working in Shift (Asia or EMEA)
  • Proactive and self-motivated
  • Stakeholder & Desk management skills
  • Intuitive thinker who can think and plan ahead
  • The ability to work effectively as part of a dynamic team

 

Skills desired

  • 1-3 years of experience within Settlements (experience in Commodities will be an added advantage)
  • Confirmation and Settlements of Derivatives products like Swaps, Forwards and Options
  • Knowledge of MT600, MT202, MT103
  • Breaks and Fails investigations
  • Strong IT skills and proficiency with Microsoft Office applications (particularly Excel)
  • Product knowledge (Commodities, FID & FX)
  • Be able to handle highly confidential information professionally and with appropriate discretion
  • Has the ability to effectively handle a fast-paced environment and successfully meet established deadline requirements
  • Be self-motivated and must have the ability to work independently

Cash Settlements is divided into several teams by product and function. This offers the successful candidate the opportunity to learn the intricacies of a variety of complex products and functions within the larger Settlements team. Each team is responsible for controlling risk by managing relationships with clients and counterparties to ensure that high risk settlements are settled in a timely manner and any post-settlement issues, or discrepancies are identified, escalated appropriately, and resolved.

 

 

Skills

OTC Confirmation and Commodities

(Requisition ID - MOR4JP00021570)

1. 1-3 years of experience within Confirmations and Commodities or Equity

2. Good Communication skills.

3. Good MS office skills.

4. Platform – DTDC & Marketwire (Good to have)

5. Swift Messages (MT600, MT202, MT103)

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