Specialist- Capital Market Operations

9 أكتوبر، 2022

0 3 2 دقائق

Job Description

Job Description
To ensure that all Capital Markets related transactions executed by the Global Markets department are successfully matched, validated, confirmed and settled within the agreed timeframes in the appropriate systems. To ensure that all life cycle events are captured, booked and instructed accurately. To monitor all breaks derived from the reconciliation report, to resolve them and to escalate where necessary.
Products handled by Capital Markets team include:

Bonds
Structured Bonds
Equity
Repo, Reverse Repo & Triparty Repo
Mutual Funds
Hedge Funds
Collateral securities & Collateral cash

Specific Accountability

Staff must be accountable for accurate and timely Validation, Confirmation, Matching & Settlement of all securities traded by Global Markets team.
Staff must make informed and educated decisions about how to deal with the problems encountered, and must be aware of when it is necessary to escalate issues to management.
Staff will be required to regularly communicate, interact and problem solve with the Banks Global Markets clients who are sophisticated investors so it's imperative they are professional, knowledgeable and take ownership of any issues whilst ensuring the client is kept informed at all times.
Staff will be required to service the Operational requirements for various international FAB offices, specifically but not limited to London, Hong Kong, Oman and Cayman Islands.
Staff should be aware of and adhere to any regulations as defined by the jurisdiction in operation.

The Validation & Confirmation of Global Market trades:

Ensure all security transactions executed by the Global Markets trading team are validated within the agreed turnaround time within Murex.
Ensure all trade confirmations are sent to the Counterparties within the agreed turnaround time.
Ensure all deals matched through Omgeo system are allocated to on-boarded funds.
Ensure all Securities trades are uploaded into EUCLID / Clearstream / JP Morgan, ready for settlement.

The Settlements of the Global Market trades:

Ensure all trades booked in Murex are matched on the agreed value date.
Transfer the net settlement amount to the custodian account before the cut off time.
Follow up with the Counterparties for all unsettled or unmatched trades.
Help in resolving all reconciliation issues.
Ensure all coupons and corporate actions are settled on time

General:

Report & highlight all risk factors identified.
Participate in daily huddle meetings to raise any concerns or issues.
Strict adherence to the bank policies & procedures
Support the department in business development projects
Ensure that all processes are documented in the relevant SOP and that they are kept up to date.
Ensure all KRIs reports are updated daily.
Ensure that all reporting requirements are adhered to.

Qualifications
Minimum Qualification

Bachelor's degree in Business, Accounting or related discipline.

Minimum Experience

5 years relevant experience in the banking sector with at least 2 years in similar positions of progressively increasing responsibilities in an Operations function.