Job Description

Responsibilities: Lead a team of settlement and clearing executives, providing guidance, coaching, and support. Foster a collaborative and productive work environment within the team. Oversee and manage the end-to-end settlement and clearing processes for a diverse range of financial transactions, including securities, derivatives, commodities, and more. Collaborate with internal departments, external partners, brokers, and counterparties to ensure accurate and timely settlement and clearance of trades. Ensure meticulous documentation of settlement and clearing activities, including transaction confirmations, records, and communication. Address and resolve complex settlement and clearing issues, including discrepancies, disputes, and failures. Collaborate with stakeholders to find innovative solutions and prevent recurrence of issues. Implement and oversee procedures to ensure adherence to anti-money laundering (AML), know your customer (KYC), and other relevant regulations. Monitor settlement and clearing processes for potential operational and financial risks. Work closely with teams to assess, manage, and mitigate risks effectively. Analyze existing settlement and clearing procedures to identify opportunities for process improvements, automation, and efficiency enhancement. Qualifications: Bachelor\'s degree in finance, economics, business administration, or a related field. 3-5 years of experience in settlement operations within the financial industry, with demonstrated progression to a leadership role. Strong knowledge of financial instruments, market regulations, and settlement procedures. Proven leadership skills with experience in team management and development. Exceptional communication and interpersonal skills for effective stakeholder management. Attention to detail and ability to navigate complex settlement and clearing scenarios. Analytical mindset with advanced problem-solving skills. Strong proficiency with Microsoft Office suite especially Excel (formulas/PowerQuery). Ability to manage multiple tasks and lead in a fast-paced environment.

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