Job Title: Clearing and Settlement Analyst

Corporate Title: Associate

Location: Istanbul

Overview [Business/Role Specific Description]

We are looking for a team member to our Securities Services Operations Turkey team within CB & IB Operations. As a Clearing and Settlement Officer, you will be responsible for managing end-to-end clearing and settlement processes within Custody team to ensure smooth and timely market settlement of securities and cash transfers of our clients with close communication with our clients and other counterparties.

What We Offer You:

• A unique opportunity to gain strong technical knowledge of banking products and develop strong, people-oriented skills.
• An environment conducive to developing supervisory/leadership/presentation skills and building a professional network across the organization globally.
• A culture of continuous learning to aid progression.

Your Key Responsibilities:

• Pre-matching and settlement of securities instructions
• EFT Cash liquidity management for TRY and other currencies
• Liquidity management for foreign currency cash positions
• Handling issues in Swift, EFT instructions
• Timely handling of cash related inquiries with clients and other stakeholders
• Communication with clients and local banks/financial institutions/broker dealers for settlement and cash related issues.
• Timely preparation of client reports
• Supporting business in client issues, due diligence visits and new business growth
• Follow-up of system projects within the department, participating in User Acceptance Tests when there is a change / improvement in the Core banking application.
• Support all other multiple tasks requested by Branch Operation teams

Your Skills and Experience:

• University Bachelor’s degree
• Minimum 2-5 years’ experience in banking or in other financial institutions preferably in Custody products, Cash Payment Operations or Banking Operations
• Competent in MS Office programs.
• Strong teamwork and organizational skills.
• Strong interpersonal skills, ability to interact effectively with internal & external clients.
• Fluent in Turkish & English both verbal and written.
• CMB Certificate requirement- minimum CMB Level 1 (SPL Duzey 1-3 Licence)

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.