Section Head Custody Clearing & Settlement (Head of Custody Settlement)

Job Description :

• Manage the units daily settlement volume.
• Work closely with other unit ensuring one strong operational mindset
• Responsible for procedures, controls and compliance within the securities processing team.
• Identify functionality gaps within existing systems and manage the preparation of requirement documents as required.
• Complete regulatory reporting associate with settlement
• Resolve issues and address high level requests in conjunction with the Head of Capital Market Operations and Relationship Manager as well as maintain a controlled operating environment that complies with operational standards
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for Bank Mandiri’s reputation, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
• Participate in custody audits i.e. – internal audit, regulator and external audit

Requirements :

• Have work experience Min. 5 years in Custody Settlement
• Have strong knowledge & understanding in capital market product, ie equity & its derivatives, fixed income, mutual fund, etc.
• Extensive knowledge & understanding in securities settlement process
• Ability to solve complex issues and apply an appropriate risk management response
• Ability to identify and address control risks
• Good Communication Skills (fluent both in English and Indonesian)

Requirement Skills:

• Certified in Risk Management level 3
• Good understanding in operating system provided by regulator
• Good understanding in regulation related to capital market
• Ability to work productively in a continuously evolving, complex and changing fast pace environment
• Self-motivated and independent