Settlement Officer

Bank of Commerce (Philippines)

Responsible for the accurate, timely, and compliant processing and settlement of.Unit Investment Trust Fund (UITF).The role ensures proper execution of subscription and redemption transactions, validation of NAVPU applications, custodianship of...

Last checked on May 20, 2026. We may earn a commission when you click through.

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If you're detail-oriented and enjoy financial processes, this role could be a solid fit.

✓ Stable job in a reputable bank. ✓ Opportunities for career growth in finance. ✓ Hands-on experience with UITFs and FX.

Settlement Officer

Bank of Commerce (Philippines)

Updated 3 hours ago
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Mandaluyong 📅 2026-04-28

If you're detail-oriented and enjoy financial processes, this role could be a solid fit.

About this role

Bank of Commerce is a leading financial institution in the Philippines, providing a range of banking and investment services.

About the Company

Bank of Commerce is a reputable financial institution in the Philippines, offering a range of banking services.

Key Highlights

  • Manages UITF processing and settlement accurately.
  • Ensures compliance with regulations.
  • Handles subscription and redemption transactions.
  • Validates NAVPU applications.
  • Coordinates settlement documentation.

💡 Honest Take: This job is crucial for anyone wanting to get into finance, but it demands attention to detail and strict adherence to rules.

Pros

  • Stable job in a reputable bank.
  • Opportunities for career growth in finance.
  • Hands-on experience with UITFs and FX.

Cons

  • Can be stressful during peak transaction times.
  • Strict regulatory compliance required.
  • Not suitable for those seeking flexible hours.

Best For: Great for individuals who are meticulous and enjoy working with financial data.

Watch Out: Be prepared for high pressure during transaction deadlines and strict adherence to compliance protocols.

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What Customers Say

Employees highlight the structured environment but note the high-pressure nature of the job.

Expert Review

This position as a Settlement Officer requires a keen eye for detail and an understanding of financial regulations. Timely processing of Unit Investment Trust Fund transactions is at the core of the role, ensuring accuracy in every step. The job also involves coordinating with various internal teams, making strong communication skills essential.

Working in Mandaluyong at Bank of Commerce means being part of a respected institution but also dealing with the pressures that come from regulatory scrutiny. It's not just about processing; you need to ensure every document is compliant. This can be a heavy load for some, especially during busy periods when transaction volumes spike.

For those who thrive under pressure and are eager to learn about UITFs and foreign exchange, this role can be a launchpad into a fulfilling career in finance. However, if you're looking for a relaxed pace or flexible hours, this might not be the best fit. According to Bank of Commerce's page, attention to detail and compliance are non-negotiable in this line of work.

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