Middle Office Manager - Chinese Securities Brokerage HKD 50-70K/m

NexusSearch International Limited; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

NexusSearch International Limited seeks an experienced Operations and Settlement professional to manage end-to-end post-trade clearing and settlement across US, Europe, and Asia-Pacific.

You will handle pre-matching, trade matching, booking and final settlement through core depositories and clearing systems, ensuring compliance with market cut-offs and cross-border tax rules, while liaising with custodians and brokers to resolve breaks.

Qualifications

• Bachelor's degree in Finance, Accounting, IT, CS or a related discipline.
• 4–8+ years of proven securities settlement experience in institutional environments.
• Hands-on experience with Middle X, Clearstream and CMU operations is strongly preferred.
• Strong knowledge of Fixed Income/Bonds, Cross-Border Equities, Mutual Funds, Structured Products, or OTC derivatives; familiar with international settlement cycles (T+1, T+2).
• Experience leading or participating in post-trade system implementations, workflow automation, or UAT with IT teams and vendors.
• Fluency in English and Cantonese; Mandarin preferred; strong communication and risk-awareness.

Responsibilities

• Manage end-to-end post-trade clearing and settlement for bonds, funds, structured products, and OTC derivatives across global markets.
• Execute pre-matching, trade matching, booking and final settlement via depositories and clearing systems; ensure compliance with market cut-offs and cross-border tax rules.
• Serve as escalation point for Front-Office inquiries and drive settlement system enhancements, automation, and UAT with stakeholders.

Skills

Analytical skills

Excel

Problem solving

Risk awareness

Communication

English and Cantonese fluency

Education

Bachelor's degree in Finance/Accounting/IT/CS

Tools

Middle X

Clearstream

CMU

Job description

Role Overview & Responsibilities

As a core member of the Operations and Settlement team, you will manage end-to-end post-trade clearing and settlement activities for transactions executed across Global Markets (US, Europe, Asia-Pacific) covering Bonds/Fixed Income, Mutual Funds, Structured Products, and OTC Derivatives.

In this role, you will execute pre-matching, trade matching, booking, and final settlement via core depositories and clearing systems (Clearstream, Euroclear, CMU, and Middle X), ensuring all operations are completed strictly within market cut-offs and in full compliance with local conventions and cross-border tax rules. You will handle client stock deposits and withdrawals, Settlement Instructions (SI), and mandatory/voluntary corporate actions (coupon fixings, dividends, redemptions) while liaising directly with global custodians, sub-custodians, and external brokers to investigate and resolve trade breaks or fails.

You will also serve as the operational escalation point for Front-Office trading desk inquiries and actively lead settlement system enhancements, automation, and digital optimization initiatives—defining user business requirements, drafting functional specifications, coordinating with fintech vendors, and steering User Acceptance Testing (UAT).

Key Qualifications & Requirements

• Bachelor's degree in Finance, Accounting, Information Technology, Computer Science, or a related discipline.
• 4–8+ years of proven operational experience in securities and bond settlement within an institutional broker-dealer, investment bank, or custodian bank (candidates with extensive team-lead or project management experience will be considered as Vice President).
• Direct, practical hands-on experience with Middle X, Clearstream, and CMU (Central Moneymarkets Unit) operations is strongly preferred.
• Solid product familiarity with Fixed Income/Bonds, Cross-Border Equities, Mutual Funds, Structured Products, or OTC derivatives, along with expert knowledge of international market settlement cycles ($T+1$, $T+2$) and conventions.
• Demonstrated track record leading or participating in post-trade system implementation, workflow automation, or UAT projects, partnering effectively with IT teams and external system vendors.
• Strong analytical, Excel, and problem-solving skills, with high accuracy, strong risk awareness, and the ability to perform reliably under market cut-off pressures.
• Strong interpersonal and communication skills; fluency in English and Cantonese is essential, with proficiency in Mandarin preferred.