Senior Settlement Officer

BIT Official; Hong Kong; On-site; HKD 500,000 - 700,000; Full time

Job summary

BIT Official in Hong Kong is looking for an experienced professional to manage US equities clearing and settlement. The candidate should have over 3 years of relevant experience and solid knowledge of DTC, NSCC, and OCC frameworks.

Key responsibilities include daily clearing processes, settlement for margin accounts, and collaboration with various internal teams. Strong analytical and bilingual communication skills are essential. Apply now to join a leading digital asset financial services firm!

Qualifications

• 3+ years of experience in US equities clearing and settlement; familiar with DTC / NSCC / OCC frameworks.
• Solid knowledge of settlement processes for US equity options.

Responsibilities

• Process daily clearing and settlement for US equity options.
• Handle settlement for margin accounts and securities lending.
• Independently identify and investigate settlement exceptions.

Skills

US equities clearing and settlement experience

Analytical skills

Bilingual communication (English & Chinese)

Tools

SQL

Excel

Job description

BIT (formerly Matrixport) is a global digital asset financial services and infrastructure group. Headquartered in Singapore and founded in 2019, BIT bridges traditional finance and digital assets through governance-driven financial services and technology.

The firm manages over US$7 billion in assets and facilitates more than US$7 billion in monthly trading volume. BIT offers services including custody, trading, asset and wealth management, liquidity and financing solutions, and tokenised real-world assets (RWA), serving institutional and professional investors globally.

BIT Group entities maintain a licensed and regulated footprint across Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan.

For more information, visit www.bit.com

Why Join Us:

At BIT, we tackle complex problems as a team. We encourage openness and promote transparency, respect, and inclusivity. Every team member is valued and has a voice that can be heard. We are always in search of intellectually curious and entrepreneurial individuals who are keen on making an impact in the crypto ecosystem and in building a better product for the next one billion users.

Job Responsibilities:

• Process daily clearing and settlement for US equity options, including handling exercise, expiration, and exception events.
• Handle settlement for margin accounts and securities lending/borrowing transactions, including interest reconciliation and margin call coordination.
• Manage Free of Payment (FOP) account transfers, tracking progress and liaising with clients and counterparty brokers to ensure timely completion.
• Process US equity corporate action events including dividends, stock splits, rights issues, and mergers, ensuring accurate client entitlement allocation.
• Execute daily end-of-day procedures for the clearing system, reconciling positions and cash balances to ensure data integrity before market open.
• Independently identify and investigate settlement exceptions; proactively drive SOP updates and workflow improvements to reduce operational risk.
• Collaborate closely with Client Services, Compliance, Risk, and Technology teams to support product launches, regulatory reporting, and ad hoc projects.

Job Requirements:

• 3+ years of experience in US equities clearing and settlement; familiar with DTC / NSCC / OCC clearing frameworks.
• Solid knowledge of settlement processes for US equity options and margin/securities lending products.
• Hands-on experience handling FOP transfers and corporate actions independently.
• Strong analytical skills with the ability to independently investigate and resolve settlement exceptions.
• Good bilingual communication skills (English & Chinese); ability to liaise effectively with overseas custodians and partners.
• Detail-oriented and accurate under time pressure; comfortable working across time zones.

Preferred:

• Background in an online broker or fintech company.
• Experience writing SOPs or delivering process improvement initiatives.
• Proficiency in SQL or Excel for independent reconciliation and data analysis.

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