Business Technology Jobs

Settlement Officer

We are looking for an Ops – Settlement Officer with a strong interest in financial products, data management, and process accuracy. The ideal candidate will be part of the Wealth Management Operations team, supporting Singapore and Hong Kong business units in asset setup and maintenance within the Avaloq system.
 

Mandatory Skill(s)

  • Basic understanding of financial instruments (Equities, Bonds, Options, Structured Products).
  • Experience in operations or middle office within banking or financial services.
  • Strong attention to detail and accuracy in data handling.
  • Good working knowledge of Microsoft Excel and Word.
  • Ability to follow processes and adhere to compliance standards.
  • Effective communication skills to liaise with cross-functional teams.
  • Strong organizational and time management skills.

Desirable Skill(s)

  • Hands-on experience with Avaloq core banking system.
  • Familiarity with Singapore and Hong Kong financial market practices.
  • Exposure to structured products documentation (e.g., Termsheets).
  • Experience with master data setup (Business Partners, SSIs, Money Accounts).
  • Involvement in User Acceptance Testing (UAT) or process improvement initiatives.
  • Knowledge of operational risk and SLA management.

Responsibilities

  • Support Singapore and Hong Kong business units on setting up and maintenance of variousasset types (Example: Equity/Bond/Option) in the main system (Avaloq).
  • Enrich Structured Product lean assets against details in Termsheets and liaise with Productteam on any clarifications.
  • Set up and maintain Business Partners, Containers, Standard Settlements Instructions andMoney Accounts to facilitate operations.
  • Re-formatting and uploading of Termsheets for client documentation.
  • Support new initiatives and perform UAT when required.
  •  Ensures full compliance to all policies and regulations. This includes adherence to SLAs(Service Level Agreement) with Wealth Business and other internal and external customers.
  • On-time escalation of issues and risks to the Team leader or to the Department Head.
  • Performs other duties that may be assigned from time to time.

If you are interested in this role, click on the “Apply to this job” button below or you could also write in with your CV to Princi Trivedi at Princi.T@sciente.com quoting the job title.

Princi Trivedi
Team Lead – Technology Talent Acquisition Specialist, (APAC)