seekers for Settlement Officer

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 highquality customeroriented 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 CBEST or BISSSS or Settlement Agent for settlement 10 To ensure all order trades settled in SECCURE after status in CBEST or BISSSS are SETTLED and for BISSSS trades follow with SIBISSSS reporting 11 To participate in the quality improvement process and contribute towards the ISO Certification 12 To fully comply with Group Policy and standards on Money Laundering Prevention 13 To make prompt report of suspicious transaction proposed transaction according to the documented process on reporting and or in compliance with local regulatory requirements 14 Ensure for scripless transaction which done through KSEI CEBM and RTGS are in total for receive and delivery against payment 15 To ensure all trades instruction are received and processed on a timely basis 16 To ensure that all staff send failed trades and continuously follow up on daily basis 17 To ensure shares are received before book closed date if any corporate announcement 18 To ensure timely escalation on issue arise 1+ To ensure prompt update report for internal and external parties including MIS and regulatory reporting People and Talent Responsible to ensure the continuous selfdevelopment and also team member with highly skilled and motivated professionals to manage and sustain the long term viability of the business Manage team capacity to support business client Provide assistance in training preparation and maintain training attendance completion records Monitor completion of mandatory learnings within SSO staff Risk Management Responsible to identifying assessing monitoring controlling and mitigating risk embedded to BAU Governance