Operation & Settlement Officer

ROLE OBJECTIVE
– Maintain Record of daily stock settlements, splits, dividends, transfer rights offering redemptions, receipts of new securities, distribution of securities and other miscellaneous transactions; update assets records for purchase and sales.
– Prepare the transactions needed for settlement of corporate bonds, securities, and certificates of
deposits for trust accounts and general accounts.
DUTIES AND RESPONSIBILITIES
– Prepare daily stock settlement.
– Assist in security transactions concerning liabilities.
– Assist in completion of memo security transactions (Receipt of new securities, distribution of securities, and miscellaneous transactions.)
– Update account assets records and maintain file for mutual fund investments.
– Verify and file securities in vault.
– Prepare monthly report of purchases/securities not received.
– Prepare monthly report of securities removed or pending deposit to vault for 30 days or
longer.
– Register securities.
– Be alert for and report any potential business or potential business opportunities.
– File daily transactions.
– Prepare daily balance of corresponding company accounts used by department and give to
company’s investors.
– Record monthly or semiannual interest received on certificate of deposit and savings accounts
for trust accounts.
– Record monthly or semiannual interest on government securities, corporate bonds, and municipal bonds.
– Perform transactions needed for sale of corporate bonds, municipal bonds and government securities.
– Settle purchase or corporate bonds, municipal
bonds, certificates of deposit, banker’s acceptances, and government securities.
– Answer telephones.
– Call various banks for certificate of deposit market rates.
– Checks trading sheet and report dealer’s results to operation manager.
– Gather wire instruction for department.
– Set up bulk purchase and sale tickets.
– Redeem bonds.
– Transfer securities from on trust to another trust account.
– Arrange securities order tickets alphabetically and chronologically.
– Be alerts for and report any potential new business or potential business opportunities.
– Performs other related duties upon assignment.

Job Details

Date Posted: 2017-09-20
Job Location: Al Kuwait, Kuwait
Job Role: Support Services
Company Industry: Financial Services

Preferred Candidate

Career Level: Entry Level
Degree: Bachelor's degree

التقدم للوظيفة الان

شارك الصفحة اون لاين

أنشئ سيرتك الذاتية الآن و تواصل على الفور مع أكبر و أفضل الشركات اون لاين. إنشائك لسيرة ذاتية على موقع المازن.كوم هي الوسيلة الأكثر فعالية للحصول على الوظيفة Operation & Settlement Officer بكل سهولة الان مجانا.


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