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About us
First Digital is a digital asset focused trust, custody, financial technology company at the vanguard of the emerging digitalization of assets, where the full value for your worldly assets can finally unite like other digital data. Our best-in-class custodian and near-banking layer enables previously unattainable options for payments, asset management and access to products that can help enhance financial inclusion.
Our infrastructure – including FDUSD, Asia’s 1st home grown blockchain-based USD stable-coin – Developed to help economies, institutions and developers gain access to technology breakthroughs and capitalize on the digital evolution of finance, trust, and technology.
Senior Settlement & Clearing Executive is responsible for overseeing and managing the settlement and clearing processes of financial transactions. This role involves leading a team, collaborating with internal and external stakeholders, ensuring compliance, resolving complex issues, and optimizing operational efficiency.
Responsibilities:
- Lead a team of settlement and clearing executives, providing guidance, coaching, and support.
- Foster a collaborative and productive work environment within the team.
- Oversee and manage the end-to-end settlement and clearing processes for a diverse range of financial transactions, including securities, derivatives, commodities, and more.
- Collaborate with internal departments, external partners, brokers, and counterparties to ensure accurate and timely settlement and clearance of trades.
- Ensure meticulous documentation of settlement and clearing activities, including transaction confirmations, records, and communication.
- Address and resolve complex settlement and clearing issues, including discrepancies, disputes, and failures.
- Collaborate with stakeholders to find innovative solutions and prevent recurrence of issues.
- Implement and oversee procedures to ensure adherence to anti-money laundering (AML), know your customer (KYC), and other relevant regulations.
- Monitor settlement and clearing processes for potential operational and financial risks.
- Work closely with teams to assess, manage, and mitigate risks effectively.
- Analyze existing settlement and clearing procedures to identify opportunities for process improvements, automation, and efficiency enhancement.
Qualifications:
- Bachelor's degree in finance, economics, business administration, or a related field.
- 3-5 years of experience in settlement operations within the financial industry, with demonstrated progression to a leadership role.
- Strong knowledge of financial instruments, market regulations, and settlement procedures.
- Proven leadership skills with experience in team management and development.
- Exceptional communication and interpersonal skills for effective stakeholder management.
- Attention to detail and ability to navigate complex settlement and clearing scenarios.
- Analytical mindset with advanced problem-solving skills.
- Strong proficiency with Microsoft Office suite especially Excel (formulas/PowerQuery).
- Ability to manage multiple tasks and lead in a fast-paced environment.
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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. First Digital Trust reserves the right to amend this job description at any time.
