Job Description

Ref. JB1332583

Clearing & Depository Manager/Officer
Talent2

Our client is a leading technology company in the financial markets sector who are establishing a new business in the Kingdom of Bahrain. An opportunity currently exists for a Clearing & Depository Manager or Officer. The parent company is undergoing significant growth and expansion and this role will report directly to the Head of Clearing & Depository.

Key responsibilities include:

• Managing the day-to-day activities relating to clearing, settlement & depository for a multi-asset product Exchange.
• Work as part of a team handling the clearing, settlement & depository functions, collateral management etc.
• Willing to work in shifts and weekends (Fridays & Saturdays).
• Address queries from market participants relating to clearing, settlement & depository.
• Liaise & define the clearing & depository requirements for the exchange in conjunction with the software providers, business development team and the Central Bank of Bahrain
• Identify opportunities for business process improvement and drive through change.
Provide accurate and timely M.I.S. reporting to senior management on a daily basis.

Skills

Minimum 2-7 years in the exchange environment with relevant experience in operations, preferably clearing & settlement.

• Must be fully aware of the markets and exchange environment in a cash and derivatives industry.

• Good general industry knowledge relating to principles of trading, clearing, settlement, global custody and depository.

• Strong control focus with a developed understanding of key risks and controls associated with members and the positions they can hold.

• Understanding of span based margins.

• Willingness to learn multiple platforms is a must. Great opportunity to stretch and enhance skills.

• Please note that this role will be on an evening/weekend shift pattern. The initial training period of 3 months will take place during normal working hours before going onto the shift pattern.

Company Profile

Talent2 is the first human resources (HR) company in the Asia-Pacific region to offer a complete range of outsourcing services, including executive search and recruitment, Human Resources Information System (HRIS), payroll, consulting and learning.

Talent2 is about talent management for the future. Our aim is to help companies with their staffing needs and assist them to achieve their resourcing goals. We provide a full range of integrated services that cover the talent lifecycle. From planning and selection, hiring and on-boarding, to payroll and learning, we help our clients source the best employees for the job, manage them and get the best out of them.