AVP Middle Office Operation

Principal responsibilities

• Handling cash, expenses, FXs and trade matching and settlement services in respect of Investment Operations activities by ensuring all securities trades are matched to broker’s trade confirmations and instructed to client’s custodians for settlement within strict deadlines.
• Responsible for Trade capture, exception management, and service rounding of trades to downstream systems, along with the addition and settlement of cash transactions to the accounting system, ensuring accuracy, timeliness, and adherence to internal controls and regulatory requirement.
• Diagnostics reports are run which includes investigation, handling any exceptions and query for trade rejects within the PLA turnaround time.
• Engage with brokers and custodians to resolve issues around unmatched, failing or failed trades
• Escalation of disputes in line with client SLA
• Supporting client’s front-office trading desks by ensuring trade accuracy, managing corporate actions, and handing post-trade processing.
• Ensuring adherence to regulatory requirements and internal policies/procedures.
• Identifying opportunities and implementing improvements to operational processes, controls, and systems enhance efficiency technology enhancements, procedural changes and mitigate risks.
• Potentially leading and monitoring junior staff, providing guidance and support in their roles.
• Participating in projects related to new product development, system implementations, and process enhancements.
• Overseeing the systems and technology used by the middle office, including trading platforms, risk management systems, and reporting tools.

Knowledge & Experience / Qualifications

• Completed bachelor’s degree or master’s degree in business, Accounting, Financing, MBA or related fields.
• Minimum 5 years of diverse working experiences in Fund Accounting, Middle Office or financial institution, including strong process management skills and system implementation skills within an Asset Manager or equivalent market provider of Asset Management outsourced Operations support.
• Experience in managing the post-trade life cycle events with exposure to CTM, SWIFT, Tradeflow, Bloomberg and Markit EDM data enrichment tooling would be an advantage.
• A working knowledge of Securities Trading confirmation and settlement procedures and market practice, including the use of Electronic Trade Confirmations and SWIFT settlement message types.
• Self-motivated with excellent planning, analytical and organizing skills
• Good communication skills and able to clearly articulate issues and ideas with different levels across operations and stakeholders.
• Strong inter-personal, negotiation and influencing skills to motivate and engage with subordinates, colleagues, senior business leaders and able to work in a diverse environment
• Strong knowledge of all financial instruments – fixed income, equities and cash products including OTC Derivative products
• Good knowledge of investment workflows – funds, custodians, and brokers
• Strong business sense with good decision making and problem-solving ability

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Issued by The Hongkong and Shanghai Banking Corporation Limited (Bangkok)