SetClear Pte Ltd – Operations Intern – Settlements

SetClear Pte. Ltd. is a Singapore based company that is part of the CLSA group. SetClear's proposition lies in delivering an innovative, flexible, adaptable, and nimble trade settlements/agency clearing platform with global capabilities. At the heart is a message-based technology platform which utilizes a work-flow oriented architecture leveraged by a globally distributed and integrated operational infrastructure. SetClear's Singapore operations will include global management roles in addition to being a central hub for all middle and back office activities. Most of these services will be supported by a fully automated electronic platform that will be backed up by a 24x6 Support Desk in Singapore.

SetClear is structured as a lean, efficient, independent company. With approximately 150 employees, SetClear's small size offers the advantage of speed and flexibility while its activities will rank it among the top tier agency clearing businesses.

Key Responsibility Areas (KRA’s):

The Intern/Associate must be prepared to work closely with settlements officers & managers on the following duties:

·         Trades Settlement and Pre-matching of trade statuses

·         Fails Management (chasers and follow up)

·         Fails coverage (SLAB requests, funding)

·         FOP settlements (cash monitoring/payments)

·         Review and resolve daily stock and cash breaks( Reconciliations)

·         Fund segregation – identification of clients monies

Requirements

·         Good communication and interpersonal skills to interact with all senior levels of management

·         Must be able to participate in change, identify opportunities and challenge current processes and practices

·         University/Polytechnic undergraduates in relevant field may apply