Job Description
Client Onboarding
- Manage end-to-end onboarding process for new clients.
- Act as primary point of contact for remisier or dealer during the onboarding process, provide support and guidance as needed.
Data Integrity Oversight
- To cross-check and verify data entered by Data Entry Specialists for accuracy and completeness.
- Conduct regular audit to ensure that client information and transactions are accurately recorded and comply with regulatory standard.
Corporate Action Processing
- Manage and oversee all aspects of corporate actions.
- Notify related departments in board casting the important announcement at company website and trader’s trading platform. (ex. Shares consolidation).
- Handling of private placement.
- Monitor corporate announcement from Bursa website and foreign exchanges website.
- Monitor the settlement of payment derived from corporate action & ensure the accuracy of portfolio maintained in custody record. Monitor the movement and security of assets to safeguard against loss or fraud.
- Ensure that corporate action events are processed accurately and in compliance with regulatory/industry standards in timely manner.
Local and Foreign Institutional Settlement
- Oversee and manage the trade settlement process for institutional clients, including trades in both the local and foreign markets.
- Ensure that all trades are settled accurately and in compliance with relevant local and international regulations.
- Handle the specific requirements and complexities of cross-border trade settlement, including different market regulations and time zones.
Retail Settlement
- Assist in receipting data entry.
- Assist in Bursa depository function such as transfer of securities, updating of e-dividend/e-statement.
Derivatives Operations
- Assist in onboarding process for the new clients in derivatives products.
- Monitoring the settlement of all derivatives products.
Strategic Planning and Coordination
- Collaborate with senior executives to define and execute strategic initiatives, ensuring alignment with execute strategic initiatives, ensuring alignment with organizational goals and industry best practices.
Cross Functional Collaboration
- Liaise with various internal departments, to ensure smooth handover of clients accounts post-onboarding.
- Address and resolve any discrepancies related to client data or documentation.
Team Development
- Foster a culture of continuous improvement, accountability, and high performance within the department.
Compliance and Risk Management
- Stay abreast with industry regulations and compliance requirements, ensuring strict adherence within the department.
Job Requirements
- Candidate must possess at least Bachelor Degree in Business Administration, Finance or related field.
- A minimum of 2-3 years of experience in client onboarding, data entry, institutional settlement, with a focus on both local and cross-border trade settlement, Corporate action function and or related roles within the financial services industry.
- Strong knowledge of trade settlement processes, including familiarity with international regulations and market practices.
- Effective communication and client relationship management skills.
- Strong understanding of stock broking operations, regulatory frameworks, and industry best practices.
- Excellent communication, organizational and problem-solving skills.