Settlement Associate / VP (Equities / Bond) (Up to 55k)

Settlement Associate / Vice President (Equities & Bonds)(Up to 55k)

Key Responsibilities

• Manage the end-to-end settlement process for trades executed in overseas markets, including the US, Europe and Asia, covering Equities and Bond products.
• Ensure all settlement activities are processed accurately and within required deadlines.
• Handle daily settlement operations, including:
  • Trade matching
  • Client stock deposits and withdrawals
  • Settlement Instructions (SI)
  • Corporate actions processing
• Perform pre-matching of settlement instructions, daily trade bookings and settlement processing.
• Ensure all post-trade processing and reconciliations are completed accurately and efficiently.
• Liaise with global custodians, sub-custodians, counterparties and internal stakeholders to resolve settlement issues and ensure timely trade completion.
• Respond to Front Office enquiries and provide operational support.
• Ensure settlement procedures comply with local market regulations and market conventions.
• Stay updated on regulatory developments, market practices and cross-border tax requirements.
• Lead and participate in projects relating to system implementation, enhancement and process optimisation.
• Gather and define business requirements, review functional specifications, conduct testing and coordinate user acceptance testing (UAT).
• Work closely with system vendors and internal departments to monitor project progress and ensure successful delivery.

Requirements

• Bachelor's degree in Finance, Accounting, Information Technology or related disciplines.
• Approximately 4-8 years of experience in securities settlement or custody operations, preferably with international market exposure.
• Experience covering Equities and/or Bonds products is required.
• Exposure to structured products or OTC derivatives will be an advantage.
• Solid knowledge of cross-border securities settlement processes and market practices.
• Strong analytical, problem-solving and communication skills.
• Advanced Excel skills and proficiency in data analysis.
• Fluency in English and Cantonese is required; Mandarin is an advantage.

What We Offer

• Discretionary performance bonus
• Career progression opportunities in a rapidly expanding financial institution
• Exposure to global markets and international counterparties
• Professional and collaborative working environment in a brand-new office