Euroclear Bank is the premier provider of settlement and related securities services for cross-border transactions involving domestic and international bonds, equities, derivatives and investment funds.  

We offer clients a single access point to post-trade services covering domestic securities from over 40 markets. 
 

Job Description 

Euroclear Singapore Branch is recruiting for a new position to join our Transaction Processing Division. 

Transaction Processing APAC is responsible for the management of cash and settlement activities related to APAC markets, APAC currencies but also cash and securities netting with Clearstream.  

Cash and Settlement department is a complex but exciting business, which requires a highly time management, prioritization, understanding of the market and attention to detail.  Cash and Settlement are core businesses which are absolutely vital for Euroclear Bank. 
 
Our department interacts with various teams across location such as Client Services, Commercial, Banking, FundSettle, Asset Servicing, Collateral Management, Network Management and Product divisions. This will give you exceptionally good opportunities to build an end-to-end knowledge of the Operations business. 

Your part of the deal 

As a member of the Transaction Processing team, your specific responsibilities will be to:

• Handle the processing of Clients and Correspondent cash instructions 

• Repair and follow up of incorrect/incomplete instructions with the clients (Queries) to ensure timely execution 

• Monitor the outflow of payments and run risk control checks 

• Ensure cash and settlement instructions are processed accurately and on time 

• Process cancellation requests from client for their cash and settlement instructions 

• Process cash and securities realignment requests with Clearstream on a daily basis 

• Perform analysis and solve an escalation or investigation together with management 

• Liaise and handle queries from Asian cash correspondents and depositories 

• Provide assistance to Client Services for queries related to cash and settlement  

• Propose and implement new tools and application to improve efficiency and productivity 

• Can coordinate actions between stakeholders 

• Can actively contribute to projects or initiatives with outputs subject to managerial review 

• Contribute to the continuous improvement (To host/ participate in Problem Solving Session with concerned parties, raise gaps in the process and work on action plan) 

Your profile 

The ideal candidate will:

• Possess an understanding of Financial products and associated with cash and settlement  

• Able to structurally communicate, both in verbal & written among peers 

• Ability to multitask effectively in a strict deadline environment and have a good priority management skills 

• Detail-oriented and accurate at all times 

• Possess good problem solving and analytical skills. 

• Work well with autonomy, be open minded and a quick learner 

• Be self-motivated and able to work with different teams 

• Ideally have previous experience in cash processing and/or settlement operations is an asset 

• Have fluency in English, and other language e.g. Mandarin is a plus 

• Knowledge on SQL, advanced Excel (Macro/VBA) skill is a plus 

Our part of the deal is to offer you: 

• An excellent opportunity to practice and develop your talents in a highly professional international environment.    

• Working closely with inspiring, supportive, and engaged colleagues from 80+ different countries, interacting with many collaborators at all levels across the organization. 

• A learning and development focused environment with an emphasis on knowledge sharing, training, and reskilling.   

• Opportunity to develop your leadership skills and strengthen your network  

• We are agile, we are growing and so will you!  

Absolutely key to our business are our Corporate Values; Respect, Effective, Accountable, Client First & Helpful.  REACH embodies our aim to exceed expectations, to take advantage of new opportunities and to reach out to help our clients achieve success. 

Great Place to Work for All:  

We believe that our people are our strength. The diverse talents that our employees bring to the table, are linked to our global success. We are committed to creating an inclusive culture that celebrates diversity and strive to be a Great Place to Work for All. All qualified applicants will be considered for employment, regardless of their race, religion, colour, national origin, gender, sexual orientation, gender identity or expression, age, marital status, pregnancy, neurodiversity, disability, or any other aspect that makes them unique. 

If you need any specific accommodation due to disability or any other reason, you can let the recruiter know during your application process