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Associate / AVP, Trade Management & Asset Servicing Associate


New York, US

Job Function:  Investment Services
Job Type:  Permanent
Req ID:  9221


Associate / AVP, Trade Management & Asset Servicing Associate


Investment Services Public Markets


Investment Services Public Markets, or ISPM, is an integrated team that provides investment service support for public market investment activities strategically and tactically. The team is responsible for business management functions for all public market investment strategy groups, as well as GIC’s global trade operations, custody control and asset servicing such as income entitlements, mergers and acquisitions and other corporate events of our underlying investments, futures and derivative operations, collateral management, pricing and rates, market data and rebalancing operations. The coverage extends across a spectrum of products such as equities, bonds, money market, foreign exchange, futures, collateralized securities and other derivatives.


We are looking for a suitable candidate to join our Trade Management & Asset Servicing team as an Associate / Assistant Vice President, with a focus on corporate actions and proxy voting operations and also parallel exposure to working with the trading desk and managing execution of trades and transactions from the front execution support to mid and back of settlements and life cycle events. The successful candidate will be given responsibilities in some of the functions and products listed below. Development and cross-training will be provided for the person to effectively perform the responsibilities.



Primary responsibilities of the Trade Management & Asset Servicing team


Corporate Action Operations and Analysis

  • Process dividends, Corporate Action (“CA”) and proxy voting events.
  • Ensure all internal CA transactions are booked timely and accurately. Need to understand internal booking policy, which is largely to obtain accurate portfolio valuations, as well as enable Portfolio Managers (“PMs”) to trade on accurate post-CA positions.
  • Ensure all CA instructions from PMs are solicited, and instructions to custodian banks are sent timely and accurately.
  • Ensure all CA entitlements on pay date are received timely and accurately, and follow up with custodians on all discrepancies. Appreciate and apply the concept of dividend withholding and reclaimable tax.
  • Understand PMs’ decision making process in elective CAs and proxy events.
  • Incorporate simple research and analysis into the operations workflow


Trade Operations

  • Support the business in the trading activities of Fixed Income & Currency and Equities asset classes
  • Perform trade processing of various instruments, including:
    • Cash Securities: Cash Equities, Cash Bonds, repo, collateral swaps, term loans
    • Exchange-traded Futures & Options
    • OTC Derivatives: Interest Rate Swaps, Credit Default swap, Swaptions, Cross Currency Swaps, Volatility and variance swap etc
    • Foreign Exchange & Money Market instruments: FX, deposit, repos
  • Ensure prompt receipt and matching of trade confirmations;
  • Ensure timely settlement for all trades across the global markets. This includes ensuring sufficient funding and meeting both the internal and custodian banks’ cut-off times.
  • Ensure prompt follow up on trade matching, trade confirmation, settlement, and other operational matters
  • Support asset servicing functions of all investments throughout the life cycle of the trade including exercise/ assignment, novation, income collection, corporate action and credit event processing.
  • Assessment for implementation of new products and markets for investment by portfolio managers.
  • Work with external counterparties, brokers and service providers to resolve operational issues, and be able to assess their service levels. Ensure service level is met for all services.
  • Work with external vendors (brokers, counterparties, clearers, custodian banks, industry groups) to keep track of market developments.
  • Provide data management support



  • Drive process improvements for productivity and quality enhancements; design solutions to integrate into processes
  • Participate in system enhancement UAT and continuous process improvements.
  • Leverage on technological/automation tools coupled with strong understanding of business needs, in order to streamline work processes.
  • Participate in cross-team collaboration through projects.





  • Bachelor’s Degree or higher
  • At least 2 years of relevant experience in operations
  • Inquisitive and curious, detail-oriented, strong analytical ability, excellent communication skills and possess a drive for excellence.
  • Constantly keep up-to-date with industry developments, resourceful. Able to work effectively under pressure to meet tight deadlines and multiple priorities.
  • A good team player, collaborates well with internal and external counterparts, self-motivated and enjoys working in a dynamic environment.
  • Some experience interacting with investment professionals and traders is an added advantage, but not a pre-requisite.





Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.