Job description

Business type
Types of Jobs - Asset Management

Job title
Manager, Custody Settlements M/F

Contract type
Permanent Contract

Management position
Yes

Job summary

What is the opportunity?

CACEIS Malaysia has been a cornerstone of asset servicing since 2008, evolving into a trusted hub of operational excellence within the global CACEIS network. Strategically located in IOI City, Putrajaya, the company employs over 1,200 skilled professionals, providing a broad spectrum of services to institutional clients across Europe. These services include Custody & Cash Clearing, Fund Administration, Fund Distribution, Master Data Services, Market Solutions, Group Invoicing, Reconciliations and Private Equity & Real Estate Solutions. As a centre of excellence, CACEIS Malaysia plays a pivotal role in driving the scalability of global operations, enhancing service quality, and implementing standardized processes to meet the diverse needs of its clients. The dedicated team in Malaysia is committed to delivering reliable, high-quality solutions that empower clients to thrive in a dynamic and competitive financial landscape.

The Manager of Settlements team leads a team who is responsible for ensuring all client trades successfully settle on time and in accordance with the safekeeping policy and procedures. Settlement is the core function of Custody. With multiple touchpoints with other stakeholders such as FX, treasury team, lending, and middle office, the Manager is expected to liaise and coordinate with the stakeholders in proactively solving settlement issue as well as addressing systemic issue to permanently improve STP rate and Settlement rate. This position requires strong sense of ownership in the team's deliverables, attention to detail, and a deep understanding of trade settlement processes and custody services.

Leading a high-performance team, the incumbent has to lead by example and take pride in the personal growth of each team member and foster a strong bonding among team members.

Working hours: 9:00am to 6:00pm MYT
Region: France

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Supplementary Information

What will you do?

• Lead the team in ensuring all trades are settling on time, correctly, and protecting the interest of CACEIS and clients; participate in weekly/monthly calls with key stakeholders.
• Deliver on operational effectiveness by managing the performance of the team against goals and providing continuous improvement ideas.
• Manage risks by proactively identifying potential issues and mitigating them; strive for satisfactory audit results and train team continuously on accurate operational procedures.
• Build a high-performance team by hiring, training and developing them to deliver on overall operational goals; provide ongoing feedback and conduct formal performance reviews on a semi-annual basis; ensure Business Recovery Planning is conducted and tested on a regular basis.
• Provide strong leadership through promotion of values, communicating high quality standards and developing yourself against the leadership model.
• Management of resources to ensure that all daily tasks are completed to ensure high quality of BAU deliverables are met within the deadlines.

What's in it for you?

• A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• A world-class training program in financial services
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Position location

Geographical area
Asia, Malaysia

City
Putrajaya

Remote work
unauthorized

Candidate criteria

Minimal education level
Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

• Relevant education background with experience as a People Manager

Level of minimal experience
6-10 years

Experience

• Strong understanding in Custody Settlement and resourceful in navigating the organization
• At least 5 years of experience working in Custody or Middle Office asset servicing operations
• Experience in managing reconciliation for highly sensitive product such as cash, FX, derivatives, or settlement
• Extensive experience in leading a team of 5 or more, or record of grooming multiple junior staff in their career

Required skills

• Good command in English - ability to speak, write, converse with European stakeholders (both native and non-native English)
• Clear and concise communication skill to coordinate event between stakeholders
• Strong comprehension in understanding an issue and problem-solving skills
• Strong sense of urgency in dealing with every issue
• Strong understanding of escalation and able to work under pressure
• Demonstrated strong emotional intelligence, professionalism, and maturity in handling conflicting issues between stakeholders and/or team members
• Demonstratable strong accountability in the actions & deliverables of the team
• Demonstrated strong business & commercial acumen
• Demonstrated strong critical thinking and decision making

Languages
English