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Settlement Officer

Limassol, Cyprus · Securities Operations Department
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We are looking for an experienced and self-motivated Settlement Officer professional to play a role in the Securities
Operations Department team. This position will offer exposure to various securities markets and the opportunity to work with our
Upstream Prime Brokers and Custodians. Reporting to the Team Lead of Settlement Unit, this person will be responsible for providing
daily operational support and be involved in new product implementations and process automation initiatives.

Responsibilities

  • Execution of FOP (Free of Payment) transfers for various types of securities for institutional and retail clients;
  • Settlement of proprietary and clients’ trades in equities and fixed-income securities;
  • Monitoring of pending, failed/unmatched transfers, and timely escalation in case of completed cases;
  • Work closely with Custodians, Prime Brokers, Client Managers, and Professional Clients;
  • Cooperation with the Compliance /Legal/Transaction monitoring teams regarding  clients' transactions;
  • Manage client manager’s e-mail queries related to existing/potential transactions;
  • Understand operational risk and ensure client protection is ahead;
  • Participation in the DVP exchange trades settlement process;
  • Participation in complex intra-group securities transfers;
  • Maintain a positive working relationship with the counterparties and drive client service standards for the department.

Requirements

  • 3+ years in Operations demonstrated through work experience;
  • Master’s degree in business, finance or related field;
  • Product knowledge of equities and fixed income securities;
  • Good knowledge of custody operations workflows, settlement procedures and systems;
  • Knowledge of the specifics of domestic securities markets will be considered as a significant advantage;
  • Understanding of OTC settlement process;
  • Knowledge of SWIFT will be an advantage (specifically MT5XX format);
  • Ability to use formulas and pivot tables in MS Excel;
  • Excellent interpersonal skills;
  • Effective communication skills with proficiency in verbal and writing English and Russian;
  • Ability to execute in a fast-paced, high-demand environment while balancing multiple priorities;
  • Great team player and willingness to learn.

Conditions

Conditions:

  • Work in the modern office in the center of Limassol with Team of open-mind people;
  • VISA sponsorship for employee and family members;  
  • Relocation package included compensation for flight, accommodation 1 month; 
  • The Company cover 50% of annual cost of Healthy Plan, which employee will decide to set up with any Insurance Company;
  • 21 working days of paid vacation;
  • An additional 12 days off per year instead of public holidays. You can take 1 day off every month;
  • The Employee is annually entitled to days sick leave with pay;
  • Team building, corporate events, football and volleyball clubs, sports events and challenges;
  • Competitive salary package.
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