Why you should apply for a job with Bank of America:
Bank of America is on FGB’s Best Finance Companies for Women of 2018.- 56%of reviewers say women and men are treated equally at Bank of America.
- 76%of reviewers say the CEO supports gender diversity.
A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years,- Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
- Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
Job Description:
Job Description
Candidate will be responsible for performing pre-matching, settlement of trades for Hong Kong/Singapore market. The role is responsible for the clearing and settlement of equity executions on behalf of all global clients trading in Hong Kong/Singapore markets. The role also undertakes a high degree of regulatory responsibility for the safeguarding of client assets, stringent internal controls around segregation of key duties as well as performing reconciliation to uphold the necessary custodial service requirements.
Responsibilities
Performing cross-border settlement in HK / SG market.
Check booking accuracy
Post journal entry
Perform reconciliation on stock and cash
Breaks investigation and resolution
Follow up outstanding settlement items
Initiate stock borrow for failed trades
Monitor stock return for borrowed stocks
Liaise with internal/external client and local custodians
Funding of trade settlements
Performing front to back ETF creation and redemption process
Monitor trade settlement via CCP terminals to prevent buy in
Prepare stamp duty payment
Requirements
Quantitative, analytical, proactive, a team player, able to work under pressure while adhering to tight deadlines.
Attention to detail and the ability to process tasks accurately and in a timely manner.
Control focused with a good understanding of risk and the impact of errors. Able to initiate solutions to remediate problems.
Confident and articulate communicator.
Microsoft Office knowledge and skills particularly MS Excel.
Business level spoken and written English language.
Knowledge of financial markets is essential.
Self-motivated and able to work unsupervised
The ideal candidate will have at least 2 years of Banking/Financial Services Industry experience, preferably in one or more of support functions listed below as key responsibilities.
Understand the front to back flow between trading desk and operations including custody services.
Other Qualifications
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
Excels in working among diverse viewpoints to determine the best path forward
Commited to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Need convincing? Let's review Bank of America's best features:
- Bank of America is on FGB’s Best Finance Companies for Women of 2018.
- 56%of reviewers say women and men are treated equally at Bank of America.
- 76%of reviewers say the CEO supports gender diversity.
- A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years,
- Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
- Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.