Assistant Vice President, Settlement

Job Description:

• Manage the overall daily settlement operations, and take on a backup role to cover and support team members to ensure effective business continuity.
• Investigate and liaise with counterparties (Brokers and Custodians) to resolve settlement exceptions.
• Coach team members for performance and also act as the process owner for new business change initiatives (new market/product/trade enablement) and strategic change initiatives (market and system changes).
• Review the current operational and risk control processes, and offer improvement suggestions to avoid operational incidents.
• Review current operation procedures and work on improvement plans and streamlining operational processes.
• Delegate a full set of back office operations to team members.
• Comply with internal policies and regulatory requirements including client monies and securities processes.
• Promptly escalate operational issues and errors to minimize operational risks.
• Maintain good relationship with relevant internal & external counterparties for our smooth operations.

Job Requirement

• University degree holder with 4-7 years of settlement operational exp. in securities, brokerage, custodians or asset management companies.
• Knowledge of the full settlement cycle of capital markets products.
• Knowledge and experience in operating GLOSS system, CCASS terminal and SWIFT Alliance etc.
• Excellent communication skills in English; Proficient in Microsoft Office (Words, Excel, PowerPoint, Outlook).
• Prior project management experience such as new products (or new systems) introduction and implementation.
• Self-motivated, responsible, independent, proactive and assertive; Attention to detail, accurate, punctual and customer-oriented.
• Good interpersonal skill and capable of being a good team leader; Embrace challenges and changes for enhancement in all aspects.
• Able to work independently in a fast-paced and dynamic organization with multi-tasking capability.