Banking Operations Spec. 3 161077 ?stanbul We Offer
We offer you a rare chance to be part of a collaborative, dedicated and highly motivated team that places high value in integrity and taking initiative in a diverse environment.
Through this role we believe you will gain a deep knowledge and understanding of the industry while gaining the opportunity to build positive relationships and improve on your personal skills. You will bring a positive personality to our team, with strong communication and interpersonal skills, a committed approach, strong sense of ownership and a passion to learn new things!
Roles and Responsibilities
The Credit Suisse Istanbul Menkul Degerler (CSIMD) Banking Operations Specialist will undertake the following: Use Tradesoft (GTP) system for Client definitions process (check the new client whether is not in the Restricted List-List can be seen CMBs web site). All clients selling-buying frame agreements, if any, should be printed and filed separately, make sure each page is signed by the... client. Provide required support and use Tradesoft for product definitions process for new products. Prepare required correction process for client numbers on T+1 if any, in a timely manner. Control daily cash & stock positions (long or short positions) in Takasbank and CRA. Use CRA & Takasbanks TETS system and ensure all obligations are fulfilled within time limits on T+2. Review and follow up buy-in & sell-out transactions with BIST on T+3 (if any). Ensure that all buy-in and sell-out charges are calculated correctly and sent to custodian bank if a failing reason comes from the client. Provide an update to AVP after the process is completed. Follow up corporate actions events information through Borsa Istanbuls daily bulletin (information be used if we have own portfolio). Use Intellimatch system and review all cash and depot accounts under the TAG code TURK daily basis. Ensure that reconciliations for all stock and cash positions between Takasbank & CRA systems and local software Tradesoft are correct. All breaks should be investigated in co-ordination with AVP. Input all cash payments and stock transfers into Takasbanks TETS system and use CRAs system make sure that all settlement instructions are entered before cut off time as FOP. Inform AVP that all instructions are ready to verify and release. Check and control collaterals & contract at Takasbank level, inform direct report if any miss-match. Input any collateral movements required in GTP and BISTECH system and make sure all matched and completed at the end of day Support Derivative/Futurebusiness, follow-up on day to day collateral movements, expired contracts. Support to AVP for managerial and reporting issues, especially on new business projects
Coordination with Other Departments:
Istanbul: Front Office and Financial Control/Financial Accounting
London/India : Equity Settlement Departments, Turkish Lira book owners, margining team in Poland.
We believe this role is best suited for a highly committed, dedicated individual with excellent analytical skills, a positive personality and is passionate about teamwork.
Credit Suisse is an equal opportunity employer. Embracing diversity gives us a competitive advantage in the global marketplace and drives our success ?stanbul Turkey