Job Title:
Specialist, Securities &Prime (GMO)
Job Description
To manage, monitor and control transaction processing for Remittance & Payments to facilitate smooth functioning of Operations Objectives for all the sites handled.
Securities Settlements
Electronic equity – Security Settlements
The Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo.) and positions registered in the books under department’s mandate match the commitment taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.
Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope.
Primary responsibilities of the team include:
- Settlement of Security transactions and associated products in a timely and cost-effective manner
- Timely resolution of Nostro and depot breaks
- Mitigation of operational and reputational risk by escalating in a timely and efficient manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades
Key Responsibilities:
- Trade Settlement: Ensure timely and accurate settlement of security transactions in Calypso, monitor and minimize trade failures, and manage cash funding.
- Reconciliation & Issue Resolution: Investigate and resolve Nostro, Depot, and accounting breaks, escalating risks when necessary.
- Risk & Cost Management: Follow compliance policies, reduce manual processing, improve automation (STP rates), and mitigate operational risks.
- Collaboration & Communication: Maintain strong relationships with traders, brokers, custodians, and internal teams, ensuring smooth operations.
- Process Improvement & Training: Document procedures, enhance workflows, and support training for new team members.
Requirements:
- 2 to 5+ years in equity or securities settlements.
- Strong analytical abilities, adaptability, attention to detail, compliance adherence, and Excel proficiency.
Location:
PHL Bonifacio Global City, Taguig, - GOVO - Six Neo, 5th Avenue,
Language Requirements:
Time Type:
Full time
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