Settlements Officer

Location Malta
Discipline: Finance, Accounting & Audit
Contact name: Simon Pace

Contact email: [email protected]
Job ref: 15080
Published: about 2 months ago

The client is an established international bank based in Malta. 

This is an excellent opportunity for a candidate looking to gain wider knowledge of the trade settlement process within the securities markets while contributing to the success of the business and an opportunity to develop their career. 

Duties:

  • settling of securities in the Bank's master database and effecting necessary updates;
  • booking of voluntary and mandatory corporate actions (including foreign exchange transactions, where applicable);
  • filing, scanning and saving, archiving of physical records in line with the process manual;
  • effecting the necessary trade bookings on customer portfolio accounts (incl. foreign exchange transactions);
  • monthly and quarterly reconciliations with Bank counterparties;
  • daily reconciliations of cash balance;
  • general administration tasks within the settlement team;
  • securities reconciliations against Bank counterparties records;
  • on-going initiatives to identify processes which ensure more effective modus operandi of the securities department;
  • attend monthly department meetings;
  • keep abreast of all banking rules, regulations and directives issued by the MFSA / ESMA and other related bodies which are relevant to daily duties;
Required:
  • A University degree would be considered an asset
  • Previous experience working in a banking structure
  • Strong command of MS Excel
  • Strong organisational skills
  • Hands-on with a can-do attitude
  • Proactive, focused and able to plan and consistently meet deadlines
  • Strong command of English, both oral and written
  • Demonstrates analytical skills, with excellent attention to detail
  • Capable of building productive relationships with colleagues