Head of Trade Execution

3 days ago


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

Director of Settlements

Bowen 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 Accountabilities

  • Manage daily trade booking and settlement activities across various financial products.
  • Prepare settlement instructions through clearing platforms such as Euroclear, CMU, and Fedwire.
  • Collaborate with counterparties and business teams to resolve potential settlement failures.
  • Ensure compliance with all relevant rules, regulations, and reporting requirements.
  • Develop and implement process improvements to enhance workflow efficiency and reduce turnaround times.

Requirements and Qualifications

  • Minimum 10 years of hands-on settlement experience, particularly in Hong Kong market futures, options, and fixed income products.
  • Strong understanding of Stock Borrowing & Lending (SBL) processes, equity derivatives, and delta-one products.
  • In-depth knowledge of global equity settlement processes and HK-listed futures/options clearing procedures.
  • Proficiency in settlement systems such as CCASS, DCASS, and Euroclear.
  • Proven leadership and people management skills, with the ability to motivate and lead a team.
  • Excellent communication and interpersonal skills, with the ability to build relationships at all levels.
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