Director, Settlement

2 days ago

Hong Kong, Central and Western District, Hong Kong SAR China Bowen Partners Full time

3 days ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Direct message the job poster from Bowen Partners

Partner at Bowen Partners Banking & Financial Services Recruitment for Senior Executives

Job Title: Director, Settlement

About the job

  • Lead with impact and directly influence the success of their operations
  • Drive change in shaping the future of settlement processes and systems
  • Be part of a culture of excellence that values high collaborations

Our client is seeking a highly experienced and motivated professional to join their team as the Director, Settlement . In this role, you will oversee and manage the daily trade booking and settlement operations for a wide range of financial products, including Equities, Derivatives, Fixed Income, Repo, Reverse Repo, and Derivative Structured products. You will play a critical role in ensuring smooth settlement processes, compliance with regulatory requirements, and driving operational excellence within the settlement function.

The key responsibilities for this position are as follows:

  • Settlement Operations Management: Supervise and manage daily trade booking and settlement operations across various financial products, ensuring timely and accurate processing.
  • Trade Processing: Execute trade processing and settlement functions, including preparing settlement instructions through clearing platforms such as Euroclear, CMU, and Fedwire.
  • Settlement Monitoring: Monitor settlement status, collaborate with counterparties and business teams to resolve potential settlement failures, and follow up with exchanges or other parties on any issues.
  • Regulatory Compliance: Ensure compliance with all relevant rules, regulations, and reporting requirements (e.g., LOP, Hong Kong Trade Repository) as mandated by the firm and regulatory bodies.
  • Stakeholder Liaison: Act as the primary point of contact for internal and external stakeholders regarding settlement-related issues and inquiries.
  • Process Improvement: Continuously review and enhance departmental processes to improve workflow efficiency, reduce turnaround times, and strengthen risk control measures.
  • Procedure Manuals: Establish or update procedure manuals to cover new product launches and ensure robust risk control monitoring.
  • Audit & Regulatory Inspections: Serve as a key contributor during audit exercises, regulatory inspections, and headquarter checks.
  • Project Participation: Participate in new product launches or system upgrade projects as the settlement function representative, collaborating with internal and external stakeholders.
  • Ad Hoc Projects: Support and lead ad hoc projects as assigned by senior management.

Successful applicants will have the following skills and experience:

  • Experience: Minimum of 10 years of hands-on settlement experience, particularly in Hong Kong market futures, options, and fixed income products.
  • Product Knowledge: Strong understanding of Stock Borrowing & Lending (SBL) processes, equity derivatives, and delta-one products.
  • Market Knowledge: In-depth knowledge of global equity settlement processes and HK-listed futures/options clearing procedures.
  • Technical Skills: Proficiency in settlement systems such as CCASS, DCASS, and Euroclear.
  • KYC & Onboarding: Familiarity with KYC and client onboarding processes is a plus.
  • Leadership: Proven people management and organizational skills, with the ability to lead and motivate a team.
  • Operational Excellence: Demonstrated ability to drive operational efficiency in a fast-paced environment.
  • Communication: Excellent communication and interpersonal skills, with the ability to build relationships at all levels.
  • Risk Awareness: Strong control mindset with a focus on operational risk management and critical thinking.

How to Apply

Please click the Apply button to submit your application.

About Bowen Partners

Bowen Partners is an executive search and talent development firm in Hong Kong. We are true experts at identifying talent within Banking & Financial Services across Asia Pacific primarily in Audit, Compliance, Risk, Finance, Strategy & Transformation. Our success is driven by the in-depth market knowledge that we have, and a personalised, long-term relationship that we develop with you.

For more information on Bowen Partners, please visit

Privacy

Information provided is for recruitment purposes only. Bowen Partners is committed to protecting your privacy. Please review our Privacy Policy on our website for more information.

Seniority level
  • Director
Employment type
  • Full-time
Job function
  • Management
  • Industries
  • Financial Services and Investment Banking
#J-18808-Ljbffr

  • Senior Settlement Operations Director

    2 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China Bowen Partners Full time

    Bowen Partners is an executive search and talent development firm in Hong Kong, seeking a highly experienced professional to join their team as the Senior Settlement Operations Director.In this role, you will oversee and manage daily trade booking and settlement operations for various financial products, ensuring timely and accurate processing.Key...

  • Operations Director Settlements

    2 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China ICBC International Full time

    Job OverviewAs a key member of the ICBC International team, you will play a vital role in overseeing the daily settlement process for our global markets. Your expertise and leadership skills will ensure that all operational procedures are in place to comply with regulatory requirements.About the RoleThis is an exciting opportunity for an experienced...

  • Director of Trade Processing

    1 day ago

    Hong Kong, Central and Western District, Hong Kong SAR China Bowen Partners Full time

    Bowen Partners is looking for a skilled professional to take on the role of Director of Trade Processing.This position requires overseeing and managing daily trade booking and settlement operations, ensuring timely and accurate processing.Key Responsibilities:Settlement Operations Management: Supervise and manage daily trade booking and settlement operations...

  • Regional Sales Director

    7 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China SimCorp Full time

    About the Role:We are seeking a seasoned sales professional to lead our APAC business development efforts. As a Regional Sales Director, you will be responsible for driving revenue growth, developing strategic relationships with senior leaders of funds in APAC, and building a high-performing sales team.The ideal candidate will have a proven track record of...

  • Financial Operations Director

    4 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China MUFG Full time

    Job OverviewMitsubishi UFJ Financial Group (MUFG) is a leading financial institution seeking an experienced professional to lead its Loans Operations team. As Financial Operations Director, you will be responsible for overseeing the department's daily activities, ensuring compliance with regulatory requirements, and driving process improvements.About the...

  • Financial Services Director

    7 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China ACCA Careers Full time

    About the Role:This is a key leadership position within our Treasury Department, responsible for overseeing the operations of Treasury Settlement.The ideal candidate will have a strong background in settlement operations related to investment and treasury products, with at least 5 years of experience.Skills and Qualifications:Degree holder in Business...

  • Director of Operational Excellence

    5 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China Interfill Group Full time

    **Job Overview**As the Director of Operational Excellence, you will play a pivotal role in driving the success of Interfill Group's corporate banking division. This leadership position requires overseeing and leading all operational activities to ensure efficient and compliant operations that support the bank's corporate clients.Key Responsibilities:Develop...

  • Assistant Director, Wholesale Banking

    16 hours ago

    Hong Kong, Central and Western District, Hong Kong SAR China CIMB BANK BERHAD Full time

    Job Overview As an Assistant Manager in our Wholesale Banknotes Operations, you will be responsible for ensuring seamless day-to-day operations with sufficient resources. You will also assist in developing policies and procedures aligned with regulatory requirements and drive process improvement initiatives to enhance operational performance....

  • Global Sales Director

    2 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China SimCorp Full time

    Job OverviewWe are seeking a seasoned sales professional to join our team as Country Manager/Head of North Asia Sales. This role requires a results-driven and solution-oriented individual with a strong understanding of various financial markets, ranging from trading, analytics, settlement, to performance measurement, risk management, fund administration, and...

  • Financial Services Director

    3 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China PrimePeak Group Full time

    About the RoleWe are seeking a highly experienced Head of Fund Operations to join our team at PrimePeak Group. As a key member of our operations team, you will be responsible for overseeing the full fund lifecycle, including fund launches, trade execution, settlements, reconciliations, and corporate actions.ResponsibilitiesThe successful candidate will be...

  • Strategic Technology Director

    23 hours ago

    Hong Kong, Central and Western District, Hong Kong SAR China Bank Of China (Hong Kong) Limited Full time

    Job Summary:As a Senior Technology Manager at Bank Of China (Hong Kong) Limited, you will play a pivotal role in driving the successful execution of Cash Management system building projects. Your expertise in translating corporate customer requirements into product functions and features will be crucial in ensuring timely product delivery.About You:We are...

  • Financial controller

    5 days ago

    Hong Kong, Central and Western District, Hong Kong SAR China Chopard Full time

    Overall responsible for the finance department covering the accounting and management reporting, company secretarial and legal matters, functions and responsibilities. MAIN RESPONSIBILITIESHandle monthly closing of companies for reporting to HQ including, month-end closing, accounts consolidation, quarterly reporting. Liaise with HQ in Geneva and follow the...

  • Director of Settlement Operations

    2 days ago

    Hong Kong Island, Hong Kong SAR China Bowen Partners Full time

    Job DescriptionBowen Partners is recruiting a highly experienced Director, Settlement to join our client's team in Hong Kong. The successful candidate will be responsible for managing daily trade booking and settlement operations, driving change in shaping the future of settlement processes and systems, and cultivating a culture of excellence.Key...

  • Settlement Process Manager

    2 days ago

    Hong Kong Island, Hong Kong SAR China Bowen Partners Full time

    Senior Settlement ExecutiveWe are seeking an experienced Director, Settlement to join our client's team in Hong Kong. The successful candidate will be responsible for managing daily trade booking and settlement operations, driving change in shaping the future of settlement processes and systems, and cultivating a culture of excellence.Key...

  • Executive Settlement Leader

    2 days ago

    Hong Kong Island, Hong Kong SAR China Bowen Partners Full time

    OverviewBowen Partners is a leading executive search and talent development firm in Hong Kong, specialising in Banking & Financial Services across Asia Pacific. We are seeking an experienced Director, Settlement to join our client's team, responsible for overseeing daily trade booking and settlement operations.About the RoleSpearhead settlement operations...

  • Head of Trade Execution

    2 days ago

    Hong Kong Island, Hong Kong SAR China Bowen Partners Full time

    Director of SettlementsBowen Partners is recruiting a highly experienced Director, Settlement to join our client's team in Hong Kong. The successful candidate will be responsible for managing daily trade booking and settlement operations, driving change in shaping the future of settlement processes and systems, and cultivating a culture of excellence.Key...

  • Post Trade Operations Director

    3 days ago

    Hong Kong Island, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited (HKEX) Full time

    The role of Post Trade Operations Director at Hong Kong Exchanges and Clearing Limited (HKEX) presents a unique opportunity to lead the development and implementation of post-trade strategies that enhance the efficiency and effectiveness of our clearing and settlement processes. As a seasoned professional with a proven track record in post-trade operations,...

  • Director of Post Trade Services

    3 days ago

    Hong Kong Island, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited (HKEX) Full time

    Hong Kong Exchanges and Clearing Limited (HKEX) is seeking an experienced Director of Post Trade Services to join its team. The successful candidate will be responsible for leading the development and implementation of post-trade strategies that enhance the efficiency and effectiveness of our clearing and settlement processes. This includes building...

  • Product Leader for Institutional Financial Solutions

    1 day ago

    Hong Kong Island, Hong Kong SAR China Futu Holdings Limited Full time

    We are seeking an experienced and strategic Product Director for our Institutional Business division to lead the development and execution of cutting-edge financial products and services. This pivotal role requires a deep understanding of the prime brokerage landscape, coupled with a strong ability to innovate and deliver solutions that meet the evolving...