Senior Settlements Specialist

5 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Green Lake Executive Search Co. Limited Full time

Responsibilities:

  • Manage and supervise the daily trade booking and settlement operations for Company products (Equities, Derivatives, Fixed Income product, Repo, Reverse Repo and Derivative Structured products)
  • Perform trade processing and settlement functions, prepare settlement instruction under Clearing platform (Euroclear, CMU, Fedwire etc.).   
  • Monitor the settlement status, collaborate with counter party and business team to resolve potential settlement failure.
  • Ensure compliance with all relevant rules, regulatory and associated reporting requirements (eg. Hong Kong Trade Repository) as mandated by the firm and applicable regulatory bodies.
  • Ensure accurate and timely monitoring and settlement of all trade's transactions
  • Liaise with internal and external counterparties for any settlement related issues and enquiries
  • Lead projects related to Payments and Settlements, ensure their timely completion, achievement of objectives and
  • Review department delivery processes with a view to ensure smooth workflow within the department, reduce turnaround times and achieve efficiency
  • From time to time establish or update the procedure manual to cover the new launched product, strengthen the risk control monitoring.
  • Help on ad hoc projects as assigned

Requirements:

  • 10 years+ hands-on settlement experiences specially for Hong Kong market futures and options and fixed income products
  • Experience in Stock Borrowing & Lending (SBL) process, equity derivatives, delta-one products
  • Well known global market equity settlement and HK listed futures/options clearing process
  • Solid experience in settlement system (i.e. CCASS, DCASS and Euroclear)
  • Strong people management skills and experience, strong organizational skills in relation to self and the team
  • Excellent verbal and written Communication skills
  • Short notice period is preferred


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