To assist in the supervision of the operations department in the Trinidad and Tobago Central Depository Limited (TTCD), to ensure its compliance with all applicable policies, procedures, rules and regulations and to support daily operations.
ASSISTANT SUPERVISOR - CENTRAL DEPOSITORY
OBJECTIVES
To ensure all repurchase agreement pledges and Euroclear transactions are processed on a timely and accurate manner
To ensure data (electronic and/or manual) is accurate and current for the provision of information to all stakeholders
To assist in updating the department’s operating procedures
To provide excellent customer service maintaining a good rapport with clients and service providers and ensuring that their business transactions and information are handled with the strictest confidentiality
To assist in the provision of information for TTCD budgets and business plans.
KEY RESPONSIBILITIES
Perform compliance checks on all new participants and liaise with clients if further information is required
Create and approve (as required) new issuers and instruments on local platforms for local and foreign clients
Approve and settle all custodian transactions on foreign platforms within the required timeframe
Remit coupons payments on the custodial bonds to clients on a timely basis
Prepare letters, memoranda of transfers and approve custodian transactions on local platforms
Verify the available balances, pledge details of the securities and information of the pledge releases
Liaise continuously with the repurchase sellers
Update the system reports for bond amortization
Approve (as required) all activities for processing of daily transactions for TTCD and Regional Exchanges
Liaise and follow through with Brokers and external Registrars (as required) to ensure all relevant operational information and documents related to TTCD transactions are received on a timely basis
Provide information for reports for Board Meetings as well as to generate reports to the departments within TTCD / TTSE as requested
EXPERIENCE & NON-TECHNICAL SKILLS
Three (3) years’ work experience in the securities or financial services industry with One (1) year’s work experience in a supervisory position;
Experience in custodian services is an asset;
Interpersonal and problem solving skills;
Supervisory and team leadership skills;
Organizational skills and ability to multi-task;
Proficiency in MS Excel, Word; and
Good written, oral communication and report writing skills.
QUALIFICATIONS & TECHNICAL SKILLS
First Degree in Business Management, Finance, Economics or equivalent professional qualification e.g. ACCA Level II and above
Knowledge of TTCD Rules.
Knowledge of TTCD Procedures.
The TTSE thanks all applicants for their interest and advise that ONLY suitably qualified candidates will be contacted.