• Pacific Focus

Settlement Manager

Responsibilities

  • Responsible for daily settlement operations for equities, derivatives and fixed income products

  • Perform trade processing and settlement functions including trade matching, customers fund deposit and withdrawal, corporate actions, etc.;

  • Prepare daily reconciliation reports and follow up outstanding issues;

  • Liaise with internal and external counterparties for any settlement related issues and enquiries;

  • Handle fund subscription and redemption activities;

  • Maintain static data such as client data and instrument data;

  • Help on ad hoc projects as assigned

Requirements

  • Bachelor degree

  • Minimum 5 years hands-on experiences in cash equities, futures and options settlement specially for Hong Kong market

  • Strong product knowledge for equities, futures, stock options and bonds

  • Well known Hong Kong Market equity settlement and futures / options clearing process

  • Solid experience in local settlement system (i.e. CCASS, DCASS and Euroclear) is essential

  • Responsible, self-motivated and able to work independently under pressure and tight timelines;

  • Fluent in both written and spoken English and Chinese;

  • Experience in Stock Borrowing & Lending (SBL) would be an advantage;

  • Excellent Excel skills, Knowledge in VBA is a plus;

  • Short notice period is preferred