Associate, Operations and Settlements

Job Description:

• Act as the main contact for both internal and external parties regarding derivatives operations.
• Ensure compliance with regulatory requirements, internal controls, and company policies related to derivatives.
• Collaborate with IT and other departments to enhance systems and automate processes.
• Handle the settlement of derivatives transactions, including daily trade and position reconciliation.
• Address and resolve operational issues and inquiries efficiently and professionally.
• Work closely with traders, brokers, and counterparties to guarantee accurate and timely trade execution and confirmation.
• Identify and implement process improvements to boost efficiency in derivatives operations.
• Support risk management by identifying operational risks and applying best practices.
• Maintain and prepare detailed records and reports on derivatives trading and operations.
• Generate and review reports for internal stakeholders and regulatory bodies as needed.
• Resolve discrepancies and issues related to trade settlements and position management promptly.

Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• At least 3 years of experience in settlement within the securities brokerage or banking industry.
• Proficient in Clearstream and Euroclear systems.
• Knowledgeable in securities, fixed income, listed and OTC derivatives, and structured products settlement.
• Ability to perform various ad-hoc projects and assignments as required.
• Skilled in using MS Suite, particularly Excel.
• Fluent in spoken and written English and Chinese (Cantonese & Mandarin).
• Willingness to work on public holidays if necessary.