This position requires the candidate to liaise with the Middle Office so good communication skills are a must. You will also frequently be in contact with external brokers and Nostro agents. People with brokerage and securities backgrounds will be considered.
Equities/ Fixed Income/Structured Products:
Create instruments static in Olympic and its subsequent interface to TA
Process all securities trades and securities transfer trades raised in EDT system in Olympic
Settle all brokers trades via SWIFT instructions promptly
Repatriate funds from custodians or vice versa
Ensure all security trades advices are sent promptly
Perform inter company reconciliation and sweeping
Review daily exception reports / NOSTRO and custodian reconciliation break
Other Responsibilities:
Monitor and ensure that trades are executed through authorised brokers and securities are kept safe with authorised custodians.
Follow-up and resolve discrepancies and deviations, and report them to Management
Update of department procedures
Review brokers and custodians services
Handle opening and closing of external custodian and broker accounts
Compute custody fees Co-ordinate and liaise with Marketing, Investment, Risks, Compliance, Accounting Departments to ensure smooth and efficient workflow
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