Novel Financial Solutions – Officer – Asset Servicing Intmd Analyst

Company
Novel Financial Solutions
novelfinancials.com
Designation
Officer - Asset Servicing Intmd Analyst
Date Listed
14 Dec 2023
Job Type
Experienced / Senior Executive
Full/PermFree/Proj
Job Period
Immediate Start, For At Least 6 Months
Profession
Banking / Finance
Industry
Finance
Location Name
Changi Business Park Vista, 3 Changi Business Park Vista - Space for Rent, Singapore
Address
3 Changi Business Park Vista, Singapore 486051
Map
Allowance / Remuneration
$4,400 - 4,800 monthly
Company Profile

Novel Sunkris Business Solutions Pte Lte has expertise in providing Temporary and Permanent Staffing Solutions across different countries. This requisition is with one of our client in Singapore. 


As a professional IT/ non IT staffing service, Novel began the Journey in 1999. Our company was founded to bridge the gap between talent and opportunity. We have our business headquarters in India, Singapore, Toronto and Kingston. We are 23-year old Well-respected Dependable Processing Solutions Provider to Financial Institutions, Corporate's and Government Departments. We are Expertise in providing Temporary and Permanent Staffing Solutions across different countries. One-stop Business Process Outsourcing (BPO) center for Financial Institutions and Global Corporate's. We believe in a unique proprietary Research – Recommend – Reduce model that handles client’s processing requirements at a significant Cost. Savings to free up management bandwidth for building the business. Proven track record of Long Term Vintage with blue chip clients including some of the biggest names in the Financial Services Industry. 90% Repeat Orders from existing clients demonstrating our Dependability & Delivery Mechanisms. 

Job Description

Duration : 6 months (Maternity cover)

Location : 3 CBP, Singapore

Job Title: OFFICER - Asset Servicing Intmd Analyst

Business: Agency Lending

 

Job Description

Job Purpose:

To support the Agency Lending Front Office Traders. Ensure Recalls are issued timely, Collateral coverage for same day loans and Corporate Actions are handled timely. 

Job Background/context:

  • Role is on a 6 month contract basis to provide Maternity Leave cover.

 

Key Responsibilities:

  • Scope of role includes:
  • Management of Market Exceptions
  • Support of Trade Matching activities for Securities and Cash Reinvestments
  • Escalation of breaks and issues with daily activities associated with 9 Asian markets
  • Expand the effective usage of Compare tools Equilend and Pirum to enhance the Agency Securities Lending Control environment.
  • Daily management of core reconciliations both internally and externally.
  • MIS Reporting including daily items and escalation of ageing items.
  • Manage Stock and Cash exceptions and market and Client interest claim exposure for the team.
  • Daily Management and control of restriction requests.
  • Static maintenance to ensure system is updated at all times.
  • Provide direction and management of Audit requirements and ensure team adherence.
  • On-boarding new securities lending clients where applicable
  • Maintain a pristine controls environment.
  • Support for continued process improvement while maintaining high standards of work.
  • Support project initiatives where applicable especially onboarding of New Operating system for the next 18 months

 

Person Specification

Knowledge/Experience:


Essential

  • Previous experience useful within the securities lending/Finance industry client and non-client facing.

 

Desirable

  • Previous experience in dealing with Client representatives or sub-custodians would be an added advantage.
  • Experience of different local market practices would also be an advantage.
  • Strong knowledge of system and product set
  • Knowledge of equities, fixed income and other financial instruments (e.g., repos, tri-party repos, letters of credit, loan documentation, etc.) would be beneficial.

Skills: (technical skills)

Essential

  • Good team player
  • Strong knowledge of PC-based and mainframe computer systems
  • Good Excel, Access and PowerPoint skills
  • Good oral and communication skills

 

Desirable

  • Knowledge of writing macros and use of Access database beneficial

 

Qualifications: (degree/certifications)

Essential

  • Degree level or higher

Desirable

Competencies (soft skills you are looking for in a candidate)

  • Experience of dealing with English speaking clients in a senior service role
This position is already closed and no longer available.  You may like to view the other latest internships here.

Related Job Searches:

Discuss this Job:

You can discuss this job on Clublance.com #career-jobs channel, or chat with other community members for free:
Share This Page