Clearing and Settlement Analyst

In Scope of Position based Promotions (INTERNAL only)

Job Title: Clearing and Settlement Analyst, NCT

Role Description

Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process. This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty.

Work includes:

• Supporting interaction between internal and external stakeholders involved in the clearing and settlement process chain
• Allocating assets to optimize the portfolio strategically
• Ensuring adherence with market standards
• Clearing and settling through both primary and secondary markets and direct payments

Your key responsibilities

• The ideal candidate in Role for Fixed Income Securities will perform activities related to Trade Life Cycle of Fixed Income Securities, Trade enrichment/Settlement for APAC + Europe markets
• Role has an extensive responsibility to handle Key Client queries and end to end resolutions
• Process Control checks and Reporting Functions

Your skills and experience

• Responsibility for the Back Office operations for Settlement under Fixed Income product, Understands the importance of TAT/SLAs and proactively works towards maintenance of the same.
• Liaising with Domestic Agents, Middle offices, Traders, Counterparties, Frankfurt, London and other internal counterparts via mail and phone to ensure smooth settlements.
• Gain Expertise in processing in end to end life cycle of Trades
• Understands and effectively manages risks through timely and accurate escalation and resolution of key issues.
• Ability to work in partnership with various support team, Key stakeholders and should be able to lead key projects
• Managing client/SA/MO/TA escalations and mitigating the process risks
• Responsible for responding to ad-hoc issues or client queries on a timely basis, ensuring all communications have been responded to before end of day.
• Ensure process documentation is relevant and updated regularly for your process to audit standards.
• Actively supports transformation and/or optimization initiatives to improve the efficiency/effectiveness of the process.
• Be a Team player and support your wider team mates at all times.
• Ensure accurate and timely delivery of services to clients
• Reporting Multiple MIS
• Good communication Skills