Chief Supervisor-Clearing & Settlement 28O25

The Chief Supervisor of Clearing & Settlement is a pivotal role within financial institutions and organizations, responsible for overseeing and ensuring the smooth operation of the clearing and settlement processes. This position demands a high level of expertise in financial transactions, risk management, and regulatory compliance. The Chief Supervisor serves as the key individual to ensure that all settlement activities are carried out accurately and efficiently, maintaining the integrity of financial markets and safeguarding against operational risks. Exceptional leadership skills are vital, as the role involves guiding and coordinating a team, working cross-functionally with various departments, and maintaining robust relationships with clients and stakeholders to ensure high standards of customer service and satisfaction. The ideal candidate will possess strong analytical abilities, attention to detail, and the capability to adapt to fast-paced and ever-changing environments.

Responsibilities

• Oversee and manage daily operations of the clearing and settlement department efficiently.
• Ensure compliance with all relevant financial regulations and industry standards consistently.
• Coordinate with financial institutions to resolve arising issues during transactions swiftly.
• Develop strategies to improve accuracy and efficiency in clearing and settlement operations.
• Establish and maintain robust risk management protocols and contingency plans.
• Prepare comprehensive reports on transaction activities and departmental performance metrics.
• Lead and mentor a team of settlement officers and support staff effectively.
• Work closely with IT and development teams to implement technological solutions.
• Ensure client satisfaction by providing responsive and reliable support services.
• Conduct regular audits and reviews to ensure procedures align with organizational policies.
• Maintain up-to-date knowledge on market trends and emerging financial technologies.
• Participate in industry forums and workshops to represent the organization proactively.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field required.
• Minimum of five years of experience in financial services, specifically in clearing and settlement.
• Demonstrated experience in leading teams and managing departmental operations effectively.
• Strong knowledge of financial regulations and compliance requirements globally.
• Ability to analyze large sets of data and generate actionable insights promptly.
• Proven ability to manage projects and drive process improvements efficiently.
• Excellent communication and interpersonal skills for interaction with clients and stakeholders.
• Strong attention to detail and ability to work accurately under pressure.
• Proficiency in using financial software systems and advanced Excel skills.