Securities Settlement Officer

The Securities Settlement Officer is responsible for the accurate and timely settlement of securities transactions. This position is ideal for candidates who are looking to develop their expertise in processing daily settlements for equities, bonds, and other instruments, while supporting trade operations and compliance activities.

Key Responsibilities

- Execute securities transactions in settlement efficiently and accurately.
- Handle daily settlement activities (scripless and physical) for equities, bonds, and other financial instruments.
- Assist in trade booking and repair settlement instructions pending approval.
- Prepare payment instructions, foreign exchange (forex) entries, and basic accounting entries.
- Support reconciliation reviews to ensure accuracy.
- Assist in arranging stamp duty payment preparation processes.
- Prepare and issue instructions to the market and agents for the settlement of client instructions under supervision.
- Report any suspicious or outstanding transactions or incidents to the Team Manager and relevant parties in accordance with the Incident Management Policy.
- Participate in user acceptance testing (UAT) for system enhancements as required.
- Assist in reviewing business requirements and preparing test cases under guidance.
- Participate in project initiatives, customer implementation support, and operational reviews.
- Attend job-specific and related training to develop skills and knowledge.
- Perform regular and ad hoc tasks as assigned by the Team Manager and Department Head.