Custody Settlement Operations Manager

CMB Wing Lung Bank Limited; Hong Kong Island; On-site; HKD 420,000 - 660,000; Full time

Job summary

CMB Wing Lung Bank Limited is seeking an experienced Manager to oversee Custody Operations (Settlement Processing) in the Asset Custody Department in Hong Kong. The role requires monitoring settlement instructions, authorizing submissions to depositories, and coordinating with sub-custodians to ensure accurate recording of QFII/RQFII transactions.

Ideal candidates bring at least 5 years in securities settlement, with 2+ years as Checker, and familiarity with CCASS, eCMT, Citi Velocity, JPM

Qualifications

• 5 years of experience in securities settlement.
• At least 2 years as Checker.
• Familiar with settlement modules of major systems (CCASS, eCMT, Citi Velocity, JPM Markets, Easyway, Xact).
• Knowledge of SWIFT Category 1, 2 & 5 messages preferred.
• Detail oriented, independent thinker with problem solving ability.
• Good communication in Cantonese and English; Putonghua preferred.

Responsibilities

• Monitor client settlement instructions across platforms and systems.
• Check and review recorded settlement instructions in in-house systems.
• Authorize prepared settlement instructions to depositories, sub-custodians and fund houses.
• Deal with sub-custodians on QFII/RQFII processing and recording.
• Review daily/monthly reports before release by systems.
• Respond to enquiries from clients, front office and settlement agents.
• Review audit responses before submission.
• Design and review control reports and external reports.
• Participate in system UAT and test case preparation.
• Maintain training materials, procedures and manuals.
• Handle ad-hoc duties assigned by team head.

Skills

Securities settlement

Checker experience

Settlement systems

CCASS

eCMT

Citi Velocity

SWIFT knowledge

Communication

MS Office

Bilingual (Cantonese/English)

Tools

CCASS

eCMT

Citi Velocity

JPM Markets

Easyway

Xact

Job description

CMB Wing Lung Bank Limited is seeking an experienced Manager to oversee Custody Operations (Settlement Processing) in the Asset Custody Department in Hong Kong. The role requires monitoring settlement instructions, authorizing submissions to depositories, and coordinating with sub-custodians to ensure accurate recording of QFII/RQFII transactions.

Ideal candidates bring at least 5 years in securities settlement, with 2+ years as Checker, and familiarity with CCASS, eCMT, Citi Velocity, JPM