Financial Settlement Specialist

7 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia BestForexBonus Full time

Company Overview:

At BestForexBonus, we strive to provide exceptional services to our clients. As a leading financial institution, we are committed to delivering accurate and timely trade settlements.

Job Summary:

We are seeking an experienced Trade Settlement Professional to join our team. In this role, you will be responsible for monitoring daily settlement functions for global markets, mainly in Futures products.

Key Responsibilities:

  1. Monitor daily settlement functions for global markets, including Futures product.
  2. Prepare or perform checking on daily client/exchange/broker trade matching and prepare daily funding to counter-parties.
  3. Follow up trade confirmations, fund transfers, and communicate daily with counterparties and third-party vendors to expedite timely settlement of trades.
  4. Perform checking on adjustments on clients' trades.
  5. Verify the accuracy of computation of fund movement in client's account.
  6. Verify the accuracy of computation of large positions report.
  7. Monitor closely on client's fund with large positions.
  8. Participate in UAT testing of different products and/or systems.
  9. Contribute to the creation and maintenance of written procedures.
  10. Maintain day-to-day relationships with a wide range of brokers, custodians, and vendors.
  11. Perform weekly and monthly settlement reports in client and broker level as required.
  12. Participate in technology development efforts and process enhancement as needed.
  13. Provide support to in-house investment analyst.


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