Settlements Officer (Stockbroking Industry)Key Responsibilities:
Conduct thorough daily settlement reconciliations to ensure the accuracy of financial data, focusing on stock and funds reconciliation.
Swiftly investigate and resolve reconciliation discrepancies, utilizing analytical skills to spot cash flow trends and proactively prevent discrepancies.
Match and compare data to identify any discrepancies.
Keep comprehensive records of reconciliation processes and outcomes.
Propose improvements for processes related to settlement reconciliation.
Communicate findings effectively to management, ensuring transparency on reconciliation status.
Leverage advanced Excel functions to streamline reconciliation workflows.
Settlements:
Responsible for settlement functions, ensuring compliance with ASX and CHESS Business Rules, including meeting daily settlement obligations and adhering to time limits for conversions, transfers, and other items.
Ensure client trades are transacted correctly and on time, with timely registration of all stocks.
Process corporate actions correctly and in a timely manner, ensuring client protection for corporate actions.
Maintain accurate client portfolio records and ensure reconciliation with CHESS holding records.
Liaise with other brokers and their settlements departments.
Liaise with CHESS.
Finance:
Assist with processing funds withdrawals via funds transfer and process payment batches of share sales proceeds to clients.
Process collection batches of funds from clients to settle trades.
Ensure compliance with ASX Business Rules, CHESS, and the Corporations Act.
Required Knowledge and Skills:
Knowledge of basic accounting principles and practices, financial markets, banking, and financial data analysis and reporting.
Proficiency in Microsoft Office, particularly Excel.
Ability to work cohesively in a team environment and communicate effectively with team members and supervisors.
Strong problem-solving skills, with the ability to identify strengths and weaknesses of alternative solutions.
Excellent time management skills and ability to work under pressure.
Strong reconciliation skills, ensuring proper checks and balances.
Attention to detail, ensuring high accuracy in all work output and correspondence.
Able to work unsupervised and exercise judgment when assistance is required.
Must have excellent communication skills in English.
Must have an eye for details.
Qualifications and Experience:
Previous experience in a similar environment, preferably in the banking/financial services industry with a focus on stockbroking operations.
Preferably a degree in Business, Commerce, or a related field.
Working Hours:
Staggered shifts following Sydney time (Mon-Fri).
Earliest shift: 5am - 2pm MYT.
Latest shift: 9am - 6pm MYT.
The ability to work during Malaysia public holidays is required, with additional off-days provided for working on these holidays.
We are currently 100% working from the office and value engaging with our team!
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Which types of qualifications do you have?
Which statements best describe your right to work in Malaysia?
How many years of experience do you have as a Settlements Officer?
What is your expected monthly basic salary?
Which Microsoft Office products are you experienced with?
Do you have reconciliation experience?
Are you available to work on public holidays?
Which languages are you fluent in?
Third Party Platform Sdn Bhd, a wholly owned subsidiary of one of Australia's largest and most successful financial service providers, supports its parent company Bell Direct, an award-winning online stock broking firm.
We offer teammates the fantastic opportunity to work with an Australian online Stock Broking firm, with opportunities for internal growth and promotion, and the chance to learn about the Australian Securities Exchange (ASX).#J-18808-Ljbffr