Key Responsibilities: 1. Strategic Leadership: • Develop and implement strategies to optimize settlement processes and enhance operational efficiency. • Collaborate with senior management to set goals and objectives aligned with the company's overall vision and growth targets. 2. Team Management: • Lead and mentor a team of settlement specialists, providing guidance, support, and training as needed. • Foster a culture of excellence, accountability, and continuous improvement within the team. 3. Trade Settlement: • Oversee the timely and accurate settlement of trades, ensuring adherence to regulatory requirements and industry best practices. • Monitor trade confirmations, delivery instructions, and settlement instructions to minimize settlement failures and risks. 4. Risk Management: • Identify and assess settlement-related risks, implementing controls and procedures to mitigate such risks effectively. • Work closely with risk management and compliance teams to ensure compliance with regulatory requirements and internal policies. 5. Vendor Management: • Manage relationships with external vendors and counterparties involved in the settlement process, ensuring service levels are met and issues are resolved promptly. • Negotiate service agreements and monitor vendor performance to optimize service quality and cost-effectiveness. 6. Process Improvement: • Identify opportunities for process improvement and automation to enhance the efficiency and scalability of settlement operations. • Collaborate with technology teams to implement innovative solutions and leverage technology to drive operational excellence. 7. Reporting and Analysis: • Generate regular reports and analytics to track key performance metrics, identify trends, and provide insights for decision-making. • Utilize data-driven approaches to optimize workflows, reduce settlement errors, and improve operational performance. Qualifications: • Proven experience in a similar role within the financial services industry, with a deep understanding of account opening processes and regulatory requirements. • Strong leadership and managerial skills, with the ability to inspire and motivate teams to achieve excellence. • Excellent communication, interpersonal, and relationship-building skills. • Analytical mindset with the ability to interpret data, identify trends, and make strategic recommendations. • Proficiency in relevant software and technology platforms used for account opening and client management.