Head of Settlement Department

Valuable Capital Limited; Hong Kong; On-site; HKD 1,100,000 - 1,800,000; Full time

Job summary

Central Wealth Securities Investment Limited in Hong Kong seeks a Head of Settlement to lead the settlement team across a multi-asset portfolio, ensuring accurate and timely post-trade processing. You will drive automation, risk mitigation, and regulatory compliance while adapting to Virtual Assets and new product lines.

The role requires deep market knowledge, strong leadership, and the ability to manage complex workflows under pressure.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related discipline.
• Minimum 10 years in Settlement within a securities brokerage or investment bank, with at least 5 years in a managerial position.
• In-depth knowledge of settlement mechanics for HK/US Equities, Futures/Options, and Bonds is mandatory.
• Candidates with exposure to Virtual Assets (Crypto), OTC derivatives, or structured products would be an advantage.
• Solid understanding of Securities Rules and HKEX clearing rules.
• Excellent written and spoken Chinese and English with strong interpersonal skills.

Responsibilities

• Actively lead and supervise the daily activities of the settlement team and review workflows to identify bottlenecks and risks.
• Oversee the full daily settlement cycle for HK & US Stocks, Options, Futures, Bond, Fund, OTC Products, and VA products and related corporate actions.
• Manage the settlement process for daily trade matching, scrip deposits/withdrawals, SI, corporate actions, IPOs, and Euroclear operations.
• Lead system enhancement projects (UAT) to improve settlement efficiency and integrate new product lines.
• Strengthen and streamline workflow processes, maintain updated SOPs and ensure compliance.

Skills

Leadership

Regulatory knowledge

Education

Bachelor's degree in Finance/Accounting/Economics or related

Job description

We are a dynamic and rapidly growing securities brokerage firm based in Hong Kong. We provide a comprehensive suite of financial services to retail and institutional clients, covering HK and US Equities, Derivatives (Options/Futures), Fixed Income, Funds, OTC products, and the emerging Virtual Asset (VA) sector. We are looking for an experienced and forward-thinking leader to helm our Settlement department.

The Role

As the Head of Settlement, you will lead the daily operations of the settlement team, ensuring accurate and timely processing across a complex multi-asset portfolio. You will be the process owner for post-trade lifecycle management, driving automation, risk mitigation, and regulatory compliance. This is a critical leadership role that requires deep technical knowledge of global markets and the ability to adapt to new asset classes like Virtual Assets.

Responsibilities

• Actively lead and supervise the daily activities of the settlement team and review current workflows to identify bottlenecks and operational risks.
• Oversee the full daily settlement cycle for HK & US Stocks, Options, Futures, Bond, Fund, OTC Products, VA products
• and corresponding corporation actions, ensuring compliance with regulatory standards.
• Manage the settlement process for daily trade matching, physical scrip deposit and withdrawal, SI, Corporate action, IPO and CCASS/DCASS and Euroclear operations
• Lead system enhancement projects (UAT) to improve settlement.efficiency and integrate new product lines.
• Strengthen and streamline the workflow processes, maintain updated Standard Operating Procedures (SOPs) and
• ensure the team adheres to them.
• Liaise with internal departments and external parties to solve settlement problems.
• Perform other ad-hoc duties as assigned by management.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related discipline.
• Minimum 10 years of experience in Settlement within a securities brokerage or investment bank, with at least 5
• years in a managerial position.
• In-depth knowledge of settlement mechanics for HK/US Equities, Futures/Options, and Bonds is mandatory.
• Candidates with exposure to Virtual Assets (Crypto), OTC derivatives, or structured products would be an advantage.
• Solid understanding of Securities Rules and HKEX clearing rules.
• Good interpersonal and communication skills, and strong leadership and problem-solving skills.
• Able to work under pressure with good team work;
• Excellent command of written and spoken Chinese and English.

Settlement Manager (Operations) (Securities back office)

Central Wealth Securities Investment Limited