Senior Settlement Operations Manager

2 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited Full time
Overview:
Hong Kong Exchanges and Clearing Limited (HKEX) is home to Asia's most dynamic and vibrant capital markets. We connect capital, ideas, inspiration, and innovation for deeper, more diverse, and liquid global capital markets; providing greater choice and opportunity for our customers every day.

Salary:
HK$800,000 - HK$1,200,000 per annum, commensurate with experience and qualifications.

Job Description:
This role will support daily settlement operations in cash markets, escalation, review rules and operational procedures, participate in projects, liaise with external clients/regulators/vendors, and provide junior teammates with guidance, career development, and feedback.

Responsibilities:
  • To perform a checker role for the team's daily settlement operations in HK and China Connect markets;
  • To act as the main support in exception handling and make appropriate escalation and recommendation;
  • To support model formulation, draft user requirements for systems, prepare UAT cases with test plans, review IOPs, and amend Clearing Houses Rules and Operational Procedures for new business initiatives;
  • To collaborate with internal departments and liaise with external business counterparts such as regulators, mainland operators, clearing participants, and system vendors in operation issues;
  • To brainstorm workflow enhancements for gaining operational efficiency and accuracy;
  • To support projects specifically in China Connect, cash clearing infrastructure, and other related systems;
  • To provide junior teammates with guidance, career development, and feedback.

Requirements:
  • University degree, preferably in Finance / Business Administration / Economics or related disciplines;
  • At least 8 years' relevant working experience (preferably in Cash and Derivatives operations), of which at least 2 years at managerial level with people management experience, in well-established financial organizations;
  • Knowledge of China Connect, CCASS, and DCASS operations, securities, and money settlement cycles in Cash and Derivatives markets;
  • Knowledge of HKSCC/HKCC/SEOCH Rules and Procedures and local regulatory frameworks is preferred;
  • Excellent leadership, interpersonal, communications, analytical, problem-solving, writing, and presentation skills;
  • Good PowerPoint/Excel/Access skills; visual basic programming is an advantage;
  • Good command of written and spoken English and Chinese; proficiency in Putonghua is an advantage.


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