Associate, Settlement Specialist
4 weeks ago
Kingfisher Executive Search (HK) Limited is seeking a highly skilled Associate, Settlement to join our team. The successful candidate will be responsible for overseeing the post-trade processing of derivatives trades and hedges, collaborating with traders, counterparties, and brokers to ensure timely and accurate trade execution and confirmation, and managing the settlement process for derivatives transactions.
Key Responsibilities:- Post-Trade Processing: Oversee the post-trade processing of derivatives trades and hedges, ensuring accurate and timely execution and confirmation.
- Collaboration and Communication: Collaborate with traders, counterparties, and brokers to ensure smooth trade execution and confirmation.
- Settlement Management: Manage the settlement process for derivatives transactions, including daily reconciliation of trades and positions.
- Dispute Resolution: Resolve discrepancies and issues related to trade settlements and position management in a timely manner.
- Compliance and Risk Management: Monitor and ensure compliance with internal controls, policies, and regulatory requirements related to derivatives operations, and support risk management initiatives by identifying and mitigating operational risks.
- Reporting and Record-Keeping: Prepare and maintain accurate records and reports related to derivatives trading and operations, and generate and review reports for internal stakeholders and regulatory authorities as required.
- Process Improvement: Identify opportunities for process improvements and efficiency gains in derivatives operations, and work with IT and other departments to implement system enhancements and automation solutions.
- Stakeholder Management: Serve as a primary point of contact for internal and external stakeholders regarding derivatives operations, and address and resolve any operational issues or inquiries promptly and professionally.
- Education: Bachelor's Degree in Finance, Economics, Business Administration, or related disciplines.
- Experience: Minimum 3 years of settlement experience in the securities brokerage industry or banking.
- Technical Skills: Hands-on experience in Clearstream and Euroclear, knowledge of securities, fixed income, listed and OTC derivatives, and structured products settlement.
- Language Skills: Good command of spoken and written English and Chinese (Cantonese & Mandarin).
- Additional Requirements: Proficiency with MS Suite, specifically Excel, and ability to work on public holidays.
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