AVP (12 months contract), Investment Services (Operations - Trade Settlement)

Introduction

Investment Services (IS) serves as a value partner by delivering end-to-end investment support services to advance investment strategies. With a focus on operational excellence and scalability through digital innovation, IS bring together all investment support services spanning from deal advisory, valuation, trade and life cycle operations, enterprise and core data management, data and analytics enablement, investment accounting and sustainability reporting to deliver business outcomes. 

The Operations team manages and delivers E2E trade support and settlement activities in an efficient manner whilst ensuring effective compliance and controls. The team also manages and maintains the relationships with service providers such as banks, trading partners and other trade support services.  

The role

The Settlements Lead will be part of the Operations pillar under Investment Services (IS).  The Settlements Lead will be responsible for overseeing end to end workflow (from account readiness to settlement for all investment activities across all asset classes. This role will involve close collaboration with internal Temasek teams as well as external counterparts (e.g., brokers, counterparties, custodians) to ensure infrastructure readiness, accurate and timely settlement of trades in accordance with control frameworks. The Settlements Lead will also be responsible for identifying opportunities for process improvements, and driving ongoing optimization in all settlement-related workflows, thereby increasing operational efficiencies, and reducing risk

Responsibilities

Lead and oversee Settlement processes.

• Oversee all settlement-related activities performed by the team, including settlement netting, executing payments and resolving failed trades
• Serve as the main point of contact for both internal Temasek teams and external parties to resolve issues and discrepancies related to settlements
• Maintain oversight of settlement-related controls and risk management frameworks, ensuring adherence to global regulatory requirements
• Ensure that all settlement activities are performed accurately and in a timely manner, escalating critical settlement failures to senior management where necessary 

Drive operational excellence in the settlement process

• Ensure that processes are in place to settle trades in a timely and accurate manner, with escalation protocols where necessary
• Improve settlement-related workflows on an ongoing basis, identifying and executing on opportunities to drive efficiency gains
• Keep up to date on market developments in settlement regulations, and evaluate their impact on existing workflows

Serve as a business partner and advisor

• Work closely with the Operations pillar (specifically, the Trade Support team) and other Temasek teams, answering all settlement-related queries and providing support as required
• Provide subject matter expertise into any new business initiatives, specifically highlighting settlement risks and requirements

Requirements

• Bachelor’s degree in Business Administration / other related qualifications, or equivalent work experience
• 8+ years of experience in a trade operations or settlements-related role , preferably with exposure to the Asset Management industry
• Experience with managing teams in a dynamic, fast-paced and growing environment
• Strong leadership, strategic thinking and problem-solving skills with the ability to influence others at all levels of the organization and harness best practices to drive efficiencies in ways of working
• Results-orientated attitude with an attention to detail and accuracy
• Strong and effective communication skills, with ability to connect and work with multiple audiences (e.g. both internal and external stakeholders) and articulate points of view persuasively