Trade Support
Highly capable of monitoring and verifying processed trades, processing more complex trades and supporting the cash management function, international fund transfers and the management of corporate entitlements (e.g. dividends etc.) by investigating exception and mismatches with internal and external counterparties with the objective of ensuring that trades are externally settled by custodians and internally booked on systems in an accurate an timely manner.
Trade Support (TS)
- Processes transactions for all instrument types within the Debt, Equity Exchange-Traded Derivative Asset Classes (e.g. Bank transfers, Bonds, Bills, Commercial Paper, Equities, Deposits, Loans, Equity Futures, Equity Bonds Options, Futures) ensuring that all transactions are matched against confirmations and trade packs are prepared then sent to the Internal Audit Department (IAD) for review ensuring that this is in line with Investment guidelines.
- Follows up with Counterparties, Subsidiaries, Central Dealing Unit (CDU), Internal Audit Department (IAD), Front Office (FO), Corporate Actions(CA) and the relevant Custodian for settlement instructions and confirmations.
- Prepares and sends Management Information System (MIS) reports for the division.
Cash Management Investigations (CMI)
- Checks custodian bank accounts and follows up on discrepancies relating to the movement of funds and reports positions to the necessary Custodian and Internal Department.
- Posts and verifies Foreign Exchanges transfers, Cash Receipts Payments and Bank Transfers.
- Attends and follows up on queries from the Counterparties, Subsidiaries, Central Dealing Unit (CDU), Internal Audit Department (IAD), External Audit, Front Office (FO), Corporate Actions (CA), Fund Accountants, Compliance and Treasury.
Reconciliation Custody (RC)
- Reconciles trades and cash balances (e.g. Bank transfers, Bonds, Bills, Commercial Paper, Equities, Deposits, Loans, Equity Futures, Equity Bonds Options, Futures)
- Prepares, verifies and updates Standard Settlement Instructions and SWIFT messages.
All (TS, CMI RC)
- Attends and contributes to meetings with ADIA internal departments, Brokers, Custodians and Correspondent Banks to discuss relevant issues.
- Participates in projects, Change Requests (CR) and resolves system related issues.
- Reports custody holding positions.
- Performs end of day checks.
- Carries out other departmental duties as and when required.
- Provides input into preparing/reviewing the Service Level Agreements (SLA) for various Internal Departments.
Required experience:
- Bachelor’s Degree.
- Qualified Accountant or a graduate with relevant Operations experience.
- 6+ years experience in processing and settlement in a similar capacity within the financial services.
- Must be familiar with SWIFT, Reuters, Bloomberg, etc.
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