Trade Settlement Specialist — Securities & Cash Reconciliation

Responsibilities

Liaison with Back Office and counter parties to ensure accurate and timely settlement of Securities Transfers transactions.

Validate security transactions in PB system prior to instructing processing units.

Communicate settlement discrepancies/exceptions to Front Office, Back Office and relevant parties including providing instructions and guidance on proper resolution of issue.

Reconcile cash and security positions with internal and external counter parties on a daily basis and ensure timely resolution of any discrepancy.

Providing support for opening of accounts, both internal and external, to facilitate settlements.

Dissemination of corporate action notifications from custodians and ensuring timely receipt of response from Front Office.

Coordinating with internal and external parties to process client’s portfolio transfer instructions involving different asset classes.

Maintenance of static data of securities in PB system.

Providing assistance and advice on security settlement subject matters.

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