Job Description SUMMARY DESCRIPTION To maintain day-to-day service delivery including responsibility for BAU settlement and resolving issue for cash / stock break.
ACCOUNTABILITIES First point of contact for external client and Equity Desk for settlement advice, enquiries, resolving of discrepancies and transactional error during Asia time zone.
Ensure operations internal controls and procedures are in place and followed. Adherence to policies including escalation and compliance requirements.
ACTIVITIES - Ensure accurate and timely trade settlement in Asia Pacific equity markets (Total: 14 markets excluding Japan and India). Follow up with clients, middle office and custodian to avoid any settlement delay and raise stock borrow to avoid buy-in on S.
- Send unmatched email on S-1, update narrative on any fails in Gloss.
- Monitor the excess borrow for the principal desk in Asia.
- Handle SBL settlement, conversion and ETF creation /redemption for Asia market
- Responsible for FX booking and prepare regular payment in related to settlement activity
- Perform reconciliations to ensure firm books and record are matched with external broker and custodian
- Support Equity Capital Markets on corporate deals and work closely with issuers and investors to ensure market delivery.
- Ensure that all control activities are conducted in a timely and accurate manner.
- Comply with applicable Money Laundering Prevention Procedures and, in particular, report any suspicious activity to the Unit Money Laundering Prevention Officer and Line Manager.
- Reconcile and perform stamp duty calculation on daily basis.
- Handle SWIFT message with custodian to facilitate smooth settlement processes.
About Us Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.