Operations Team Member - Securities and Payments
Our Client is a niche globally active private bank. The Zurich branch has an opening in the
Operations department for a Securities / Payments specialist.

 

The Position

Reporting to the Head of Operations, you will join a small and dynamic team, that are
responsible for the handling of all Security transactions and Payments/Money Market
Transactions securities settlements.

Securities

• Receipt and delivery of securities free of payment
• Booking and/or validation of settlements and related cash bookings
• Settlement and transaction processing of all trades including subscription and
  redemptions of funds
• Booking of Private Equity transactions
• Investigation of non-settlement with counterparties, fund administrators, custodians, and
  clearing agents.
• Corporate Action processing, including posting of dividends/coupons as well as stock
  splits, spin-offs, capital increases, final redemptions, GDR Conversions etc.
• Investigation and clarification of differences and queries with counterparties, custodians,
  correspondents, fund administrators and brokers.
• Control and checking of taxes and fees
• Preparation of the following tax declarations:
o Stamp Tax
o EU Savings Tax
o QI Reporting to IRS (1042 and 1099 declarations)
o Other withholdings taxes

Payments/Money Market

 

  • Processing and controlling of incoming/outgoing money transfer orders including SWIFT
        management
  • Processing of cheque collections and cheque payments
  • Booking and settlement of all FOREX and Money Market transactions
  • Handling of all cash transactions
  • Setting up Standard Settlement Instructions and templates
  • Processing all PostFinance transactions

     

    Your Profile

    • Fluent in English
    • Strong interpersonal communication skills
    • Minimum 4 years experience in a similar banking role
    • Quality assurance, strong attention to detail and dedication
    • Ownership, responsibility and accountability
    • Good Experience with SWIFT

    Our Client offers a dynamic hands-on team environment with good growth potential. To find
    out more please contact Simon Portalski, including your CV and a brief cover
    mail in English.

     

    Future Watch International Recruiting

    General Wille-Strasse 21
    8002 Zürich
    Tel 043 817 70 80
    Fax 043 817 70 81

    apply@futurewatch.ch
    http://www.futurewatch.ch

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    All applications are handled in the strictest confidence.

     

    Future Watch International Recruiting

    General Wille-Strasse 21
    8002 Zürich
    Tel 043 817 70 80
    Fax 043 817 70 81

    apply@futurewatch.ch
    http://www.futurewatch.ch