Settlements Executive

3 weeks ago


Kuala Lumpur, Malaysia IFast Capital Sdn Bhd Full time

Home> Careers Details

Careers at iFAST

Settlements Executive (1 Year Contract)

Responsibilities

Create payment receipts upon receiving of client’s payment slips including cheques. Check and update for 3rd party relationship for B2B indemnity form received. Assist on payment receipt issues, follow up with CSE & contact bank. Upload Bank Bill Payment into Payment Receipts Register. Prepare FX instructions and do necessary rounding difference adjustment. Perform daily STS reports for T day and T+1 (Redemption payment, Wrap fee, Platform fee, Switching payment, PRS vesting, Payment to FM). Perform Adhoc STS if any necessary adjustments for the special arrangement. Funding/Unwind Funding for Late Redemption proceeds, Wrap Fee Adhoc Transfers, Redemption Fee transfers & any other Adhoc. Prepare DVP/RVP instruction for Bonds Trades and send to bank. Bond Trade Confirmation and perform transfer of funds. Liaise with the Custodian Bank for all Corporate Actions i.e. Coupon Payment/Consent. Prepare Securities Position and make sure all the instructions are in ‘settled’ position. Stamping of Redemption proceeds received from Fund Houses. Adjustment for rounding difference of proceeds received. Perform Cash Book Entries by the makers for all money movement. Generate SQL files to perform Subscription Master Recon, Payment Receipts Recon, Outstanding Receipts Recon, DPMS Recon and Direct Bank In Recon. Redemption Recon, Omnibus vs Payout Recon & Proceeds Stamping Recon. Perform Daily Cash Account Summary Reconciliations. Prepare Monthly Reviewed Recon for Subscriptions, Redemption, and Cash Account. Bonds holdings for iFAST vs SCB Custodian Bank. Perform Daily Stocks Trading Settlement, Fee Settlement, Corporate Action Settlement, and stocks trading related bank reconciliations. Generate SQL of client cash holdings for interest and compare TW vs Bank level. Prepare Insurance rebate and do payout to clients. Monitor and follow up with CSE for the client unclaimed monies in collection account and issue letter for cheque image request from the bank. Prepare for SC Reporting. Handle enquiries from inter-departments and external parties like bank, FH, BURSA and counterparty.

Requirements

At least Degree level is required. Responsible and committed with 'Can Do' attitude. Able to meet the cut off time given with sense of urgency. Meticulous and detailed person. Sensitive with the numbering or good result in mathematics subject. Team player and helpful. Preferably advance in SQL, Microsoft Excel and Word.

Applicants are invited to email us their resume, qualifications and skills, working experience, and expected salary to the Human Resource Manager at recruitmy@ifastfinancial.com.

All applications will be treated in strict confidence. We regret that only shortlisted applicants will be notified. Applicants who have written to us earlier need not re-apply.

Note : Job responsibilities/requirements are representative and are not intended to be a detailed list. Other tasks/abilities may be required of the incumbent, relative to the specific assignment.

Job Snapshot

Regular Working Hour,
Mondays - FridaysBanking / Financial ServicesBusiness (e.g Shirt)EnglishApply for this job
  • Settlement Executive

    4 weeks ago


    Kuala Lumpur, Malaysia DCG Grand Sdn Bhd Full time

    Manage the end-to-end settlement process for financial transactions or real estate deals. - Coordinate with various stakeholders, including clients, legal professionals, financial institutions, and other relevant parties. - Review and ensure the accuracy and completeness of all necessary documentation. - Work with legal teams to prepare and review settlement...

  • Settlement Executive

    4 weeks ago


    Kuala Lumpur, Malaysia DCG Grand Sdn Bhd Full time

    Job Description: - Manage the end-to-end settlement process for financial transactions or real estate deals. - Coordinate with various stakeholders, including clients, legal professionals, financial institutions, and other relevant parties. - Review and ensure the accuracy and completeness of all necessary documentation. - Work with legal teams to prepare...

  • Settlement Officer

    4 weeks ago


    Kuala Lumpur, Malaysia OCBC Bank Full time

    **Settlement Officer** **-** **(**230001OE**)** - To ensure timely issuance of Redemption Statements in accordance to set SLA/TAT. - To ensure timely cancellation of Facilities in accordance to set SLA/TAT. - To support Loan Recovery Department (PRU/COD/SAM) in upliftment of FD, cancellation of facilities and revision of classification status in accordance...

  • Settlement Specialist

    3 weeks ago


    Kuala Lumpur, Malaysia Juno Markets Limited Full time

    **Responsibilities**: 1. Manage client funds deposit and withdrawals among various e-wallet and payment provider. 2. Prepare transaction record from all payment provider and report daily balance. 3. Make the daily reconciliation and investigate the variance. 4. Respond in payment channels and take care all related enquiries. 5. Monitor and resolve failed...


  • Kuala Lumpur, Malaysia Chrisjac Recruitment Services Full time

    **Position: Insurance Claims Executive.**: - **Salary: RM 4000-5000.**: - **Job location: City center (5-day week), Kuala Lumpur.** Chrisjac is currently seeking individuals who are interested in Executive Claims administration position for an established insurance company in Kuala Lumpur. This position would be based at their Motor Claims Department...


  • Kuala Lumpur, Malaysia Chrisjac Recruitment Services Full time

    **Position: Insurance Claims Executive-Motor insurance.**: - **Salary: RM 4000-5000.**: - **Job location: City center (5-day week), Kuala Lumpur.** Chrisjac is currently seeking individuals who are interested in Executive Claims/Adjuster position for an established general insurance company in Kuala Lumpur. This position would be based at their Motor...


  • Kuala Lumpur, Malaysia HSBC Full time

    -Job description **Why join us?** Derivatives Settlements Services covers the entire settlement cycle for Fixed Income Derivatives (FID). FID are highly traded instruments which can be further classified as either OTC or centrally cleared. So, product knowledge is highly sought after skillset both from a buy side or sell side perspective. While the...

  • Executive

    4 weeks ago


    Kuala Lumpur, Malaysia Amanah Raya Berhad Full time

    Our company is actively seeking talented individuals to join our team and contribute their skills and expertise to our ongoing success. Our working life revolves around a strong commitment to law, governance, and upholding the highest integrity values. Our company fosters a culture of fairness and dedication towards ethical practices. Employees at...


  • Kuala Lumpur, Malaysia HSBC Full time

    -Job description **Why join us?** HSBC have an operations hub in Kuala Lumpur & Bangalore within the Global Service Centre. positions lie within the Cross-Asset Confirmation/Settlement/Investigation Service in Market Securities Services Operations. The roles would be involving BAU process handling of all settlements and investigation activities for...


  • Kuala Lumpur, Malaysia StashAway Full time

    As a Banking and Trading Operations Executive / Senior Executive, you will play a pivotal role within our Operations team, working closely with the Banking Operations Manager, Client Services, Investment Team, Engineering, Product Teams and other teams to ensure the seamless execution of banking and trading operations and an unparalleled client...


  • Kuala Lumpur, Malaysia UBS Full time

    Malaysia - Operations - Investment Bank **Job Reference #** - 287215BR **City** - Kuala Lumpur **Job Type** - Full Time **Your role** - Do you know who we are in Malaysia Operations team? - Are you interested on what we are doing at Malaysia Operations? - Are you keen to join our team & continue to provide excellent service/support for Malaysia trade...


  • Kuala Lumpur, Malaysia HSBC Full time

    -Job description Business: HSBC Securities Services Open positions: 1 Role Title: Assistant Manager Operations Global Career Band: 7 Location (Country / City ): Malaysia / Kuala Lumpur Recruiter Name : Nana Nasrudin **Why join us?** Global Custody provides clients with the product and service to manage a global view of their investment portfolio. From...


  • Kuala Lumpur, Malaysia HSBC Full time

    -Job description **Why join us?*** - HSBC have an operations hub in Kuala Lumpur & Manila within the Global Service Centre. These support multiple products and legal entities and are responsible for various functions within the trade life cycle. Cash Equity Operations forms part of the wider Markets and Securities Services Operations and, segregated by...


  • Kuala Lumpur, Malaysia UBS Full time

    Malaysia - Operations - Investment Bank **Job Reference #** - 278092BR **City** - Kuala Lumpur **Job Type** - Full Time **Your role** - Do you know who we are in Malaysia Operations team?- Are you keen to join our team & continue to provide excellent service/support for Malaysia trade settlement? - We are looking for Trade Processing Specialist to: - be...


  • Kuala Lumpur, Malaysia United Overseas Bank (Malaysia) Bhd Full time

    **About UOB**: United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...

  • HR Executive

    1 week ago


    Kuala Lumpur, Malaysia TITAN FORCE SDN BHD Full time

    **Responsibilities**: - Foreign Worker Division_ - To prepare foreign worker documentation such as offer letter, contract extension, deduction, exit documentation, salary increment letters, memos for any announcement from Management, and other Foreign Worker-related letters. - To update and maintain database, documentation and ensure proper filing on all...


  • Kuala Lumpur, Malaysia TITAN FORCE SDN BHD Full time

    **Job description** **Generalist** - Handle in the execution of HR functions including Recruitment & Selection, Payroll Administration, Training Development, Employee Relations, and Orientation program. - To assist in departmental yearly job performance or job confirmation review. - To prepare promotion letters, confirmation letters, salary increment...


  • Kuala Lumpur, Malaysia TITAN FORCE SDN BHD Full time

    **Job description** **Generalist** - Handle in the execution of HR functions including Recruitment & Selection, Payroll Administration, Training Development, Employee Relations, and Orientation program. - To assist in departmental yearly job performance or job confirmation review. - To prepare promotion letters, confirmation letters, salary increment...


  • Kuala Lumpur, Malaysia TITAN FORCE SDN BHD Full time

    **Responsibilities**: - Foreign Worker Division_ - To prepare foreign worker documentation such as offer letter, contract extension, deduction, exit documentation, salary increment letters, memos for any announcement from Management, and other Foreign Worker-related letters. - To update and maintain database, documentation and ensure proper filing on all...


  • Kuala Lumpur, Malaysia TITAN FORCE SDN BHD Full time

    **Responsibilities**: - Foreign Worker Division_ - To prepare foreign worker documentation such as offer letter, contract extension, deduction, exit documentation, salary increment letters, memos for any announcement from Management, and other Foreign Worker-related letters. - To update and maintain database, documentation and ensure proper filing on all...