Department: GMO - Processing & Support - Securities Settlement
About Business Line/Function
Securities Asia executes its clients’ orders through its own seats in SEHK. Upon execution of each order, a transaction contract is created between Securities Asia and the client. Sec ASIA BO is responsible for clearing and settling those trades executed via Sec ASIA and informing the relevant counterparties in case of disagreement.
Client Services is responsible for executing payments as per BNP transparency policy and checking depot and nostro reconciliation for Sec Asia entity
F&O; – Sec ASIA as an executing broker, ensure that all Arbitrage F&O; trade bookings are captured in Gloss with proper categorization of Market making and non-market making as to facilitate proper stamp duty payment.
HK Branch Custody services: HK Branch Custody BO is responsible for client’s holdings, corporate actions, valuations of securities and reconciliations on HK Branch’s cash accounts maintained with its custodians,
performing cash projections and arranging fund movement.
Position Purpose
Manage instruction and settlement process for Equities.
Monitor Client Money Segregation
Projects and Process & control efficiency
Manage Corporate Action business for Custody client
Responsibilities
Direct Responsibilities
Settlements
Preparing Settlement Instructions for all Asia Equity Markets.
Liaising with overseas brokers/custodians over trade-pre-matching issues.
Communicating with clients and internal offices to ensure trades settlement operations are smooth and accurate.
Updating static data information at back end related systems.
Follow up outstanding trades and ensure correctness of the updated record.
Conducting reconciliation and file fail settlement claims against clients and is also responsible for the updating and Maintenance of our internal claiming tool.
FnO
Ensure collateral withdrawals and deposits are processed based on the margin req
📌 Associate Global Market (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru
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