Settlements Officer, Operations

5 days ago

Manila, National Capital Region, Philippines CLSA Full time ₱900,000 - ₱1,200,000 per year

Position Description

The primary role of the Settlements Officer – Cash Operations is to support post-execution processes for equities cash operations including settlement of Due Broker/Clearing account, processing of trade-related cash settlements and fund transfers, dividend processing and bank reconciliation.

Key Areas of Responsibilities

  • Daily bank reconciliation of custodian bank accounts and checking accounts
  • Month-end bank reconciliation submission of all trade related bank accounts
  • Month-end submission of Aging Report of Outstanding Checks
  • Daily reconciliation of Due Broker/Clearing account
  • Manage funds (receivables and payables) for daily settlement of trades including Due Broker and Due Clearing
  • Manage funds for daily collateral requirement and weekly and bi-monthly RBCA reserve requirement
  • Allocate funds for failed buy trades and stock loan for failed sell trades
  • Process various online banking payments to clients
  • Process various online banking fund transfers depending on custodian net settlement of buy and sell trades
  • Process cash dividend remittances to clients
  • Check preparation when applicable
  • Execute FX in with banks for foreign trades and cash dividend remittances
  • Maintain banking relationships
  • Maintain BP lines, FX lines, Intra-day lines and credit lines
  • Posting of daily journal entries
  • Bank reconciliation on trade bank accounts are reconciled not later than the following day after transaction date
  • Aging Report of Outstanding Checks and Month-End Bank Reconciliation are submitted to controllers
  • Collateral requirement in CCH is funded within clearing house cut-off time
  • No overdrawn trade bank accounts
  • Corporate actions are processed within processing timelines
  • Collection & Payment Reports & Cash Position reports are generated and analyzed not later than a day before value date
  • RBCA Reserve Requirement reports are generated and fund within cutoff times

Requirements

  • Good interpersonal skills
  • Knowledge of industry market practices and procedures
  • Keen eye on details
  • Risk averse
  • Proficient in Microsoft word and excel
  • Can work under time pressure
  • Good grasp of Philippine securities laws and regulations

  • Trades Middle Office and Settlements

    6 days ago

    Manila, National Capital Region, Philippines JPMorgan Chase Full time ₱900,000 - ₱1,200,000 per year

    Join our team as an Equities and Fixed Income Middle Office and Settlements Analyst and play a vital role in supporting the front office and client-facing stakeholders. Be part of a dynamic environment where you can leverage your expertise to ensure accurate and timely completion of transactions.As an Equities and Fixed Income Middle Office and Settlements...

  • Trades Middle Office and Settlements

    1 week ago

    Manila, National Capital Region, Philippines JPMorganChase Full time ₱900,000 - ₱1,200,000 per year

    Job DescriptionJoin our team as an Equities and Fixed Income Middle Office and Settlements Analyst and play a vital role in supporting the front office and client-facing stakeholders. Be part of a dynamic environment where you can leverage your expertise to ensure accurate and timely completion of transactions.As an Equities and Fixed Income Middle Office...

  • Settlement Support

    1 week ago

    Manila, National Capital Region, Philippines OutPro Global Limited Full time ₱360,000 - ₱480,000 per year

    Benefits:Salary: PHP 40, ,000/monthLocation: Remote – PhilippinesJob Type: Full-Time | Day Shift (Sydney, Australia Time Zone)28 days of paid leave per yearPerformance-Based Annual IncentiveHMO coverageClear path for career growth and developmentEssential Requirements:1–2 years' experience in Australian home loan processing/documentationAbility to...

  • Novated Lease Settlement Officer

    1 week ago

    Manila, National Capital Region, Philippines ConnectOS Full time ₱480,000 - ₱540,000 per year

    Salary: 40,000 to 45,000Schedule: Monday - Friday (6:00 AM - 3:00 PM PHT)About the Role:The Novated Lease Settlements Officer is responsible for overseeing the end-to-end settlement process of novated leases, ensuring all contracts, documentation, and payments are processed efficiently and accurately. The role requires close coordination with clients,...

  • Settlements & Customer Care - Administration Officer

    1 week ago

    Manila, National Capital Region, Philippines Hunt St Full time ₱1,000,000 - ₱2,400,000 per year

    Looking for Filipino (Philippines-based) candidatesJob Role:Settlements & Customer Care - Administration Officer Work Schedule: 40 hrs / weekSalary: up to 1,600 AUD / Month(Final offer will be based on the client's assessment, as well as your experience and background)Contract Type: Independent Contractor Agreement; Full-Time; RemoteWho We Are:At Hunt St we...

  • Settlements Associate

    24 hours ago

    Manila, National Capital Region, Philippines ATRAM Group Full time ₱900,000 - ₱1,200,000 per year

    Role SummaryThe Settlements Associate plays a critical role in ensuring the smooth execution of daily non-trade cash settlement transactions, maintaining documentation integrity, and supporting risk and compliance controls. This role requires precision, reliability, and a strong understanding of financial operations to uphold the firm's standards and...

  • Trades Middle Office and Settlements

    1 week ago

    Manila, National Capital Region, Philippines JPMorganChase Full time ₱1,200,000 - ₱2,400,000 per year

    Job DescriptionAre you ready to elevate your career in a fast-paced, innovative environment? You will have the opportunity to utilize and keep developing your skills while contributing to a team that values growth and collaboration. Join us and be part of a company that supports your professional journey and offers exciting challenges.As a Equities and Fixed...

  • Finance Officer

    2 weeks ago

    Manila, National Capital Region, Philippines Live Nation Entertainment Full time $60,000 - $80,000 per year

    Job Summary:THE TEAMThe Finance team plays a vital role in the business, working closely with the internal stakeholders, clients, and the fans. The team supports the day-to-day finance operations including reconciling and investigate balances across company platforms and finance systems, providing Event Settlements in line with the contracted terms, performs...

  • Operations Support Officer

    1 week ago

    Manila, National Capital Region, Philippines G2 Ocean Ltd.-ROHQ Full time ₱1,920,000 - ₱2,520,000 per year

    We have an exciting opportunity for maritime professionals looking to join our dynamic team as an Operations Support Officer. This permanent position is ideally suited to someone who has a background or familiarity in vessel operations/support functions and wants to advance their career in a supportive workplace.POSITION DESCRIPTIONIn this role you...

  • Operations Support Officer

    2 weeks ago

    Manila, National Capital Region, Philippines G2 Ocean Full time ₱400,000 - ₱600,000 per year

    G2 Ocean is one of the world's largest ship operators within the open hatch segment and an expert in cargo handling, trade management and global port operations.The company's fleet consists of over 120 open hatch and conventional bulk vessels which operate 32 trade routes on six continents. In total, G2 Ocean completes over 3,000 port calls to more than 60...