Assistant Manager/Manager, Custody Operations

1 month ago


Hong Kong, Hong Kong SAR China China Everbright Bank Hong Kong Branch Full time

Job Responsibilities:

Transaction Execution and Monitoring:

  • Execute trade instructions received from portfolio managers, brokers, or clients for various financial instruments, including but not limited to global equities, fixed income securities, investment funds, derivatives, and alternative investments.
  • Monitor trade flow and verify trade details, ensuring accuracy and adherence to regulatory guidelines and internal policies.
  • Confirm trade execution with brokers or counterparties and resolve any discrepancies or issues that arise.

Settlement Processing:

  • Facilitate the settlement process for trades, ensuring timely and accurate settlement of transactions.
  • Coordinate with brokers, custodians, and other market participants to resolve any settlement exceptions or discrepancies.
  • Monitor and reconcile cash and securities positions to ensure proper settlement and minimize settlement risk.

Record-Keeping and Documentation:

  • Ensure books & records are correct by maintaining accurate and up-to-date records of all transactions, settlements, and related activities.
  • Generate reports and documentation as required for internal and external stakeholders, including clients, auditors, and regulatory bodies.
  • Ensure proper documentation and filing of trade confirmations, settlement instructions, and related correspondence.

Operational Support:

  • Provide operational support to internal teams, including Portfolio Management, Client Services, and Compliance, regarding custody and settlement matters.
  • Assist in the setup and maintenance of client accounts and securities master files.
  • Collaborate with custodians and sub-custodians to resolve operational issues and ensure smooth daily operations.

Compliance and Risk Management:

  • Adhere to internal controls, policies, and procedures to ensure compliance with regulatory requirements and industry best practices.
  • Identify and escalate any potential compliance or operational risks to management.
  • Assist in the implementation of risk mitigation measures and controls.

 

Job Requirements:

  • Degree holder or above in Finance, Business Administration or related disciplines
  • Minimum 3 years of relevant experience in custody operations, settlements, or a similar role within the financial services industry.
  • Strong understanding of custody operations and settlement processes.
  • Possess knowledge of financial instruments, including global equities, fixed income securities, investment funds, derivatives, and alternative investments.
  • Detail-oriented with good analytical and problem-solving skills.
  • Ability to prioritize tasks, work under pressure, and meet tight deadlines.
  • Strong communication and interpersonal skills to liaise with internal and external stakeholders.
  • Proficient in MS Office applications, e.g. Excel, Word and PowerPoint
  • Good command of written and spoken English and Chinese (including Putonghua)

 

Interested candidates please apply in full resume with earliest availability, contact number, current & expected salary to HR Department: recruit@cebbank.com.hk

Personal data provided will be used for recruitment and related purposes, strictly in accordance with our Personal Data Policy for Applicants for Employment, a copy of which is available on request. Applicants who are not contacted within 6 weeks may consider your applications unsuccessful and the personal data collected will be destroyed after six months.



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