Securities Transfer Specialist

General Description

• Responsible for processing security transfer instructions for various products, such as equities, fixed-income instruments, funds, structured products, derivatives, and physical precious metals, in accordance with client instructions, covering the Singapore and Hong Kong booking centers

Key Features and Responsibilities

• Client Management (Internal & External)
  • Coordinates with internal departments and external sub-custodians, custodians, service providers, and local market counterparties to ensure that daily operations meet organizational standards
  • Monitor incoming queries and provide responses or placeholders within a reasonable time frame. Ensure that they meet all relevant standards and policies.
• Business Management
  • Entering transfer instructions received from clients into the core banking system, including pre-trade validation checks
  • Submit requests to create a security master if the instrument is not available
  • Maintenance of Counterparty SSI in the Core Banking System
  • Ensures that the instructions sent to the custodians are in order, that SWIFT entries are correct, and that they are cleared daily
  • Ensures the timely payment of stamp duty, taxes, and fees, if applicable, for any transactions
  • Participate in user acceptance testing when necessary
• Regulatory Responsibilities and/or Risk Management
  • Demonstration of appropriate values and behaviors, including but not limited to upholding the principles of the Code of Conduct and Acting with Integrity.

Skill Requirements

• Personal and Social
  • Good communication skills and the ability to interact with people at various levels
  • A high level of integrity, commitment, and drive to excel in the role
  • Demonstrates initiative, passion, and independence, and is an effective team player
  • Able to work in a fast-paced environment and meet tight deadlines
  • Excellent interpersonal skills and a service-oriented mindset
• Professional and Technical
  • A diploma or degree and at least 2+ years of relevant experience in banking or a related field.
  • Good knowledge and understanding of various securities products (e.g., equities, fixed-income instruments, funds, structured products, derivatives, etc.)
  • Candidates with relevant experience in security transfers and knowledge of SWIFT (MT5xx) will have an advantage
  • Proficiency in MS Office software