Settlement Operations Cover Letter

I would like to submit my application for the settlement operations opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for analysis of common trends within Settlement Operations queries and provide any further training or documentation as required to key stakeholders.

My experience is an excellent fit for the list of requirements in this job:

• Proficient in the use of Microsoft Office, especially Excel, and familiarity with other accounting software packages (e.g., Oracle)
• Takes initiative, is proactive and seeks opportunities to innovate
• Dedicated to continuous learning and self-development
• Experience working on or with Visa, MasterCard, American Express or similar payment system is highly preferred
• Understanding of the entire card transaction lifecycle, including authorization, capture, clearing, settlement, funding, and chargebacks is highly preferred
• Working knowledge of SQL, relational database concepts, data warehouse and business intelligence tools is preferred
• Self-starter with great attention to detail and follow through and who is resourceful and adept at managing through chaos to reach a goal
• Students of Economy, Accounting, Business, Engineer

I would like to submit my application for the settlement operations opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for data to the Department Manager utilizing both existing reports, as well as working with IT, Treasury, Treasury Management, Accounting & Business Solutions to provided customized data with the goal of identifying Incentives, Costs, product trends or anything that would help to improve Private Banking.

Please consider my experience and qualifications for this position:

• Experience managing vendor relationships, establishing scorecards, and supporting operations world-wide
• Advance Level / University Graduate or above
• Sound experience of banking and securities operations and practices
• Be familiar with the market trend and new product / system development of Hong Kong and foreign securities market
• Good interpersonal, problem-solving skills and negotiation techniques
• Good team player, supportive and flexible to take up departmental tasks
• Good communication skills and command in English and Chinese/Putonghua (both spoken & written)
• Familiarity with the trade lifecycle

Please consider me for the settlement operations opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for administrative support to the MS Operations Team (verify staff claims & allowances, etc).

Please consider my experience and qualifications for this position:

• Immediate proficiency in Excel and Visio
• Operations experience within workers’ compensation claims or a healthcare organization involved in Medicare Set-asides or TPA’s
• Experience with MSA and/or MSP compliance
• Daily system balancing and reconciliation
• Daily, weekly and monthly funding of merchants in multiple currencies
• Daily, weekly and monthly settlement with card schemes
• Account reconciliation and research of outstanding items
• Coordination with Card Schemes and Correspondent banks regarding settlement payments to our Acquiring banks

I submit this application to express my sincere interest in the settlement operations position.

In the previous role, I was responsible for general admin support to the team such as stationery ordering, expense management, asset allocation, IT issue resolution, access card queries and ad-hoc requests.

My experience is an excellent fit for the list of requirements in this job:

• Knowledge in Investment products
• Previous experience with 1099K Merchant Tax Reporting highly desirable
• Knowledgeable in Cash Settlement
• Previous experience in a similar role (financial background is essential)
• Knowledge of mortgage-backed securities and securities settlement
• Knowledge of MBS and/or bond trading and a capital markets environment
• Operational Oversight for Ancillary Operations and Settlement Solutions
• Deep industry expertise and leadership to lead our Ancillary Operations which is a high growth area (both organically and inorganically)

I am excited to be applying for the position of settlement operations. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for workers access to a desk, computer, phone, SOP/method training, where applicable, and access to client systems as necessary.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Experience processing settlements through the FRB and DTC
• Manage the collection of member payables
• Reviews and maintains Net Settlement Information Form and establish wire transfer routing numbers
• Ensure processes remain within established internal and external standards
• Respond to Settlement inquiries and Help Desk questions
• Provide support to other functions within department on an as needed basis
• Develop reports as assigned
• Coordinate work of other employees or temporaries