Position Purpose
The Securities Settlement Specialist is responsible for processing the daily operations of trust activities. This role ensures that all trust operations are conducted efficiently, accurately, and in compliance with regulatory requirements.
Responsibilities
Direct Responsibilities
- Securities Trade Settlement: Process the settlement of securities trades, ensuring accuracy and timeliness.
- Corporate Actions: Manage corporate actions such as dividends, stock splits, and mergers, ensuring all actions are processed correctly and in a timely manner.
- Securities Creation Process: Coordinate the creation of new securities, working closely with relevant departments to ensure all necessary steps are completed.
- Regulatory Reporting: Handle all aspects of regulatory reporting to ensure compliance with local regulations.
- Compliance and Risk Management: Ensure all trust operations comply with relevant laws, regulations, and internal policies. Identify and mitigate operational risks.
- Process Improvement: Identify opportunities for process improvements and implement changes to enhance operational efficiency and accuracy.
Technical & Behavioral Competencies
- Proactive, enthusiastic, and creative approach with high attention to detail.
- Highly collaborative and team-focused with ability to interact effectively with a wide range of individuals.
- Strong risk & control mindset.
- Competency with MS Suite. Advanced Excel skill will be valuable.
Experience and Qualifications required
- University degree holder, preferable with a major in Business / Finance.
- Product knowledge ideally of equity, mutual fund, foreign bond, and structured products.
