HK$40K-HK$50K (mthly), Manager, Settlement, FI

TierONE Consultants; Hong Kong; On-site; HKD 446,000 - 558,000; Full time

Job summary

TierONE Consultants in Hong Kong is seeking a Settlement Manager to join the FI settlement team. The role focuses on governing daily settlement and clearing for Equity and OTC products, coordinating with clearing houses and brokers to resolve discrepancies.

The ideal candidate has at least 5 years of hands-on settlement experience, fluent English and Chinese, and familiarity with Exchange-Traded F&O on major global venues.

Qualifications

• Degree holder with at least 5 years of settlement experience.
• Fluent in English and Chinese.
• Experience with corporate actions is advantageous.

Responsibilities

• Execute daily settlement and clearing for Equity and OTC products.
• Resolve trade fails and settlement discrepancies with clearing houses or executing brokers.
• Collaborate with front office, risk & compliance, and external parties as needed.
• Manage repository and collateral, and handle margin processes for exchange-traded products.
• Ensure adherence to regulatory reporting mandates and exchange rules.
• Hands-on experience with Exchange-Traded F&O on major global exchanges (HKEX, CME, ICE) is an advantage.
• Assist in system upgrades, UAT testing, and new product/market initiative implementations.

Skills

Settlement experience

Clearing experience

English

Chinese

Trade reconciliation

Equity trading

OTC derivatives

Education

Bachelor's degree

Job description

HK$40K-HK$50K (mthly), Manager, Settlement, FI

About the role Our client, an international based brokerage firm is seeking a Settlement professional to join their HK settlement team, the job requirements are as follows:

Key responsibilities

The role is required the candidate have solid settlement & clearing working experiences is a must

Solid / hands on working experience to execute daily settlement clearing on Equity and OTC products, resolve trade fails, breaks and settlement discrepancies with clearing houses and / or executing brokers to ensure trade details align across all parties.

Work closely with front office, risk & compliance, and external parties when is needed

Execute Equity, OTC derivatives trade, repository and collateral management, handle margin process for exchange traded.

Ensure adherence to regulatory reporting mandates and exchange rules

Hands-on experience with Exchange-Traded F&O across major global exchanges (e.g. HKEX, CME, ICE) as an advantages

Assist in system upgrades, UAT testing and the implementation of new products or market initiatives

Degree holder + minimum 5+years of equivalent working experiences

Fluent spoken of English and Chinese Languages

Candidate with Corporate Action handling experiences as an advantages

REF: FI2427