{"title": "Equity Derivatives Settlement Specialist"}
3 weeks ago
In this role, you'll be responsible for receiving and processing Equity Derivative (EQD) settlement instructions with manual intervention requirements. Your primary focus will be on monitoring the settlement lifecycle, identifying exceptions, and taking prompt action to address and resolve any issues within specified deadlines.
Key Responsibilities:
Receive and Process EQD with Manual Intervention Settlement Instructions:
This involves receiving instructions related to EQD trades or transactions. These instructions may require manual intervention, meaning they cannot be entirely automated, and human involvement is necessary to complete the settlement process.
Monitor the Settlement Lifecycle:
Once the EQD settlement instructions are received and processed, it is essential to actively monitor the settlement lifecycle. This involves tracking the progress of the settlement process from initiation to completion, ensuring that all required actions are taken to fulfill the trade and related obligations.
Identify and Escalate Exceptions:
During the monitoring process, any discrepancies, issues, or problems that arise in the settlement process are considered exceptions. It is the responsibility of the settlement operations team to identify these exceptions and take appropriate actions to address them. These actions may include investigating the cause of the exception, liaising with relevant parties, and working to resolve the issue. If an exception cannot be resolved within the specified deadlines, it should be escalated to higher levels of management or relevant teams for further attention and resolution.
Within Specified Deadlines:
Meeting specified deadlines is crucial in the financial industry, as it ensures that trades are settled in a timely and efficient manner. Failing to meet deadlines can result in financial losses, regulatory compliance issues, and reputational damage. Therefore, the responsibility of identifying, addressing, and escalating exceptions within the specified time frames is vital to the smooth operation of EQD settlement activities.
In summary, this role requires a detail-oriented professional with excellent analytical and problem-solving skills to ensure the smooth operation of EQD settlement activities.
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