Intern - ONT, Securities Business Ops/Business Support, Fall (July to December 2024)

Job Summary

SGX (July - December 2024) Fall Internship Programme

We are Asia’s leading and trusted securities and derivatives market infrastructure, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. We also operate a multi-asset sustainability platform, SGX FIRST or Future in Reshaping Sustainability Together (sgx.com/first).  

We are committed to facilitating economic growth in a sustainable manner leveraging our roles as a key player in the ecosystem, a business, regulator and listed company. With climate action as a key priority, we aim to be a leading sustainable and transition financing and trading hub offering trusted, quality, end-to-end products and solutions.

As Asia’s most international, multi-asset exchange, we provide listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. We are the world's most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN. In foreign exchange, we are Asia's leading marketplace and most comprehensive service provider for global FX over-the-counter and futures participants. Headquartered in AAA-rated Singapore, we are globally recognised for our risk management and clearing capabilities. 

Be a part of this fast-paced world where your contributions count. SGX offers you the unique experience of gaining insights into the Exchange business and the finance value chain. You will be immersed in the respective specialist functions – at SGX, we believe that our interns are involved in real-time work from Day 1. 

This internship programme is on a full-time basis and runs from July – December 2024. We invite you to realise your potential with us!

Note: Leave of Absence (LOA) may be required to take on the internship.

Internship Programme
We have roles open in:

• Securities Business Ops/Business Support

Securities Business Ops/Business Support

Brief Overview:

The Reconciliation team is in charge of:

• Reconciliation of accounts maintained by Clearing Houses and Depository to ensure they are in good order
• Verification of shares scrip custodised with custodian bank to ensure they are in accordance with Depository Register
• Verification of collaterals (LCs and BGs) to ensure the physical documents match with internal records

Learning Objectives:

The selected intern would be able to learn how account reconciliation is conducted and the various settlement processes across the clearing houses and depository.

Job Description:

Ensure reconciliation, resolution and escalation are performed accurately and within stipulated time and guidelines with zero error rate.

Knowledge and Skills requirements:

• Have good interpersonal and communication skill
• Be proficient with Microsoft Office Application especially Excel
• Have strong analytical and problem solving skill
• Be a strong team player with the ability to work independently
• Advantageous to have knowledge in accounting, financial services, macros