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 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
