Officer, Securities Settlements

Job Description

Company Summary:CLSA is an Asias leading capital markets and investment group, connecting global investors to insights, liquidity and capital to drive their investment strategies.Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, alternative investment, corporate finance, capital markets, securities and wealth management.As the international platform of CITIC Securities, Chinas largest investment bank, CLSA is uniquely positioned to facilitate cross border capital flows and bridge China to the world and the world to China.Founded in 1986 and headquartered in Hong Kong, CLSA operates from 20 cities across Asia, Australia, the Americas and Europe.For further information, please visit www.clsa.comDepartment Summary:CLSA is a Hong Kong based company that is part of the CITIC group. CLSAs proposition lies in delivering an innovative. flexible, adaptable, and nimble trade settlements/agency clearing platform with global capabilities. At the heart is a message-based technology platform, which utilizes a workflow-oriented architecture leveraged by a globally distributed and integrated operational infrastructure. CLSAs India operations will include global management roles in addition to being one of 2 central hubs for all Middle and Back Office activities. Most of these services will be supported by a fully automated electronic platform that will be backed up by a 24x5 Support Desk in Singapore and Pune.CLSA is structured as a lean, efficient, independent company. With approximately 2,000 employees, CLSAs small size offers the advantage of speed and flexibility while its activities will rank it among the top tier agency clearing businesses.Securities Settlements team is part of the Back office Operations department. The primary responsibility of the BO Settlement department is to perform end to end activities which include Prematching, Settlements and Fails management SBL, Custody business across equity, fixed income products covering PAN Asia, Europe and US Markets.Job Responsibilities Trade Pre Matching Fails Management Settlements Reconciliation Seek out opportunities for efficiency gains Fails Coverage/SBL Collateral ADR/GDR Conversions Active participation in Projects and UAT testingEssential Skills and Experience Graduate with at least 3 years of experience in a securities/banking related industry or similar position Detailed knowledge of European and Asian and US equity and Fixed income products , their practices, procedures and trends Sell side brokerage operations working knowledge Good communication and interpersonal skills to interact with all senior levels of management. Email Vs Phone: To know what is the best method for client communication given in a certain situation prioritizing issues. Timely escalation of issues to management. Knowledge of operations systems/applications commonly used in securities related industry Ability to take up multi-tasking and accomplish tasks in priorities in a timely manner Ability to build rapport with Local office, brokers and clients based across all regions Must be able to participate in change, identify opportunities and challenge current processes and practices Self-motivated, desire to be challenged and eager to learn Should set up good example for associates by proactively seeking additional opportunities, should be interested in learning outside regular BAU activities Should be interested in upward mobility and to work on to get there and should be able to drive own career development An officer should be able to recognize the risk involved, should recognize good ideas and able to act on them. An officer should mentor associates and provide them direction with clarity, should cover others during leave periods Should have flexible approach towards project management, should understand the context of change impacting the dept. Officer should set example for associates in terms of managing time effectively, escalation of issues to managers and efficiency in completing work tasks.Educational / Professional QualificationsBachelors or Masters in Commerce and Finance/Banking (MBA preferred)Knowledge of Capital markets and instruments is a plus, in addition to front to back investment banking processesCommunication Skills Strong Communication skills capable of working with different levels of staff from all the Asia Pacific Countries. Good interpersonal skills and excellent written/oral communication skills,

Keyskills :
SettlementsReconciliationInterpersonal skillsCareer developmentProject managementTime managementTrade Pre MatchingFails ManagementSell side brokerage operationsGood communicationKnowledge of operations systemsapplicationsMultitaskingBuilding r