Settlements Officer

About BDO

BDO Unibank, Inc. is the Philippines’ leading full-service bank, offering a wide range of financial and digital banking services. Guided by our brand promise “We Find Ways,” we are committed to delivering easy, reliable, and customer-focused services. Build your career with a trusted industry leader.

Job Summary

The Settlement Officer is responsible for the processing and settlement of financial transactions and corresponding corporate actions including but not limited to maturities, coupon/interest, cash dividend payment for all investments of Trust Group accounts.

Key Responsibilities

• Settle corporate action for offshore securities
  -    Monitor and announce all corporate action events from various custodians 
  -    Send out letters to the clients
  -    Process CA election to partner custodians based on the clients’ confirmed participation
  -    Prepare worksheet for payment schedules and reconcile vs. corresponding issues, custodian, paying agent
  -    Process and monitor payments to clients
• Timely processing of offshore cash dividend payments
• Enforce compliance to internal policies and procedures as well as external regulatory agencies
• Assists in the preparation of replies/responses to examination comments and audit findings by internal and external auditors for areas concerning his functions
• Coordinate with different functional groups (wealth management, risk management, financial control, technology, treasury) in the fulfillment of assigned duties

Qualifications

• Bachelor's degree holder

• At least 2-3 years relevant experience preferably in Banking and Finance, Wealth Management, Trust Operations

• Background in Accounting, Investment/ Yield Management, Transaction Processing and Data Management

• Willing to work onsite in Makati