Verified Job
Accounting - Finance
seekers for Settlement Officer
Accounting - Finance
#220750
Remote / WFH
Job Description
Role Responsibilities
Strategy
• To execute and monitoring settlement BAU activity during the day. To ensure all client s instructions are properly managed and executed as per standard service agreement with clients.
Business
• Ensure all the BAU processing are comply with internal and external policy/regulation
• Manage all day to day activity, clients reporting, regulatory reporting obligations, and clients communications are managed properly.
• Escalation of any improper process, gap or possibility issue for the next day to Head of Settlement unit and other respective unit
Processes
1. To ensure timely settlements of all trades in highest standard of customer services and reliability
including close liaison with local or foreign institutional clients in regard to the status of their trades
both settled and failed trades.
2. Liaison with brokers, custodian banks and to avoid losses resulting from possible interest claims,
find and suspension in situations where delays in settlements are due to customers themselves in
line with the provisions of high-quality customer-oriented service.
3. To ensure compliances with the regulatory requirements set by the Ministry of Finance,
OJK, The Jakarta Stock Exchange and The Banks establish procedures.
4. To ensure that all shares delivered are in good order to avoid losses to the Bank due to error
omissions of frauds.
5. To constantly initiate review and implement cost effective and practical procedures via systematic
analysis, automations and computerisations in order to increase the level of efficiency and
productivity leading to higher profitability.
6. To motivate and build teamwork spirit amongst staff to create a conductive working climate and at
the same time monitor their performance
7. To ensure timely responsiveness to clients queries.
8. To ensure accounting entries are correctly and properly entered into the banks book
+. To ensure order trades with MATCHED status in SECCURE will be send to C-BEST or BI-SSSS or Settlement Agent for settlement.
10. To ensure all order trades settled in SECCURE after status in C-BEST or BI-SSSS are SETTLED and for BI-SSSS trades follow
Strategy
• To execute and monitoring settlement BAU activity during the day. To ensure all client s instructions are properly managed and executed as per standard service agreement with clients.
Business
• Ensure all the BAU processing are comply with internal and external policy/regulation
• Manage all day to day activity, clients reporting, regulatory reporting obligations, and clients communications are managed properly.
• Escalation of any improper process, gap or possibility issue for the next day to Head of Settlement unit and other respective unit
Processes
1. To ensure timely settlements of all trades in highest standard of customer services and reliability
including close liaison with local or foreign institutional clients in regard to the status of their trades
both settled and failed trades.
2. Liaison with brokers, custodian banks and to avoid losses resulting from possible interest claims,
find and suspension in situations where delays in settlements are due to customers themselves in
line with the provisions of high-quality customer-oriented service.
3. To ensure compliances with the regulatory requirements set by the Ministry of Finance,
OJK, The Jakarta Stock Exchange and The Banks establish procedures.
4. To ensure that all shares delivered are in good order to avoid losses to the Bank due to error
omissions of frauds.
5. To constantly initiate review and implement cost effective and practical procedures via systematic
analysis, automations and computerisations in order to increase the level of efficiency and
productivity leading to higher profitability.
6. To motivate and build teamwork spirit amongst staff to create a conductive working climate and at
the same time monitor their performance
7. To ensure timely responsiveness to clients queries.
8. To ensure accounting entries are correctly and properly entered into the banks book
+. To ensure order trades with MATCHED status in SECCURE will be send to C-BEST or BI-SSSS or Settlement Agent for settlement.
10. To ensure all order trades settled in SECCURE after status in C-BEST or BI-SSSS are SETTLED and for BI-SSSS trades follow
