Senior Officer Settlement Operations

Key Responsibilities:

• Monitor, verify, and accurately update all daily Corporate Action announcements (e.g., dividends, stock splits, bonuses, rights issues) within the Back-Office system.
• Process and validate client entitlements for all financial benefits resulting from corporate actions.
• Maintain and reconcile the Client's Asset Segregation Statement between Central Depository Company (CDC) and internal Back Office records.
• Demonstrate a strong understanding and management of Assets Under Custody (AUC).

Regulatory & Tax Processing:

• Calculate, process, and apply Capital Gains Tax (CGT) and Super Tax charges to client accounts via the Back-Office system.
• Ensure accurate processing of all CGT tariff and other regulatory charges.
• Maintain a thorough understanding of the rules and calculations for CGT and other applicable taxes.

Operational Excellence & Reporting:

• Perform daily and monthly reconciliations to ensure data integrity across all systems.
• Utilize advanced Microsoft Excel and Google Sheets skills for data analysis, reporting, and process improvement.

Required Skills and Qualifications:

• Experience: 2-3 years of proven experience in a back-office or settlement operations role, preferably within a brokerage house or financial institution.
• Technical Systems: In-depth, hands-on experience is essential with:
• CDC (Central Depository Company) systems
• NCCPL (National Clearing Company of Pakistan) systems
• Back-Office processing systems
• Industry Knowledge: Strong understanding of:
• Equity Settlement Operations
• Asset segregation principles and reconciliation.
• The calculation and application of CGT, Super Tax, and other regulatory charges.
• Analytical Skills: Advanced proficiency in Microsoft Excel and Google Sheets (e.g., pivot tables, VLOOKUPs, complex formulas) for data management and reporting.

Job Type: Full-time

Application Question(s):

• Current Salary
• Expected Salary

Work Location: In person