Settlement Analyst - Associate (Equities - FICC)

Morgan McKinley; Hong Kong Island; On-site; HKD 420,000 - 540,000; Full time

Job summary

Morgan McKinley in Hong Kong is seeking a settlement specialist to manage FICC and equity settlement across trading desks. You will reconcile trades, work with traders, brokers, and custodians to resolve issues, and ensure adherence to regulatory and internal policies.

You will support daily operations including trade matching, CCASS, corporate actions, IPOs, client transfers, and data management. You will drive process improvements, manage settlement risks, and collaborate with Technology on

Qualifications

• Bachelor's degree in finance, or a related field.
• 3-5 years of experience in Equity/ FICC settlement within a banking or financial services environment.
• Previous working experience in SWIFT / Clearstream / CCAS / CMU.
• Strong risk awareness, ability to identify the issue and escape properly.
• Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders.
• Ability to identify and implement process improvements and advise on process efficiency.
• Ability to handle multi-tasks under pressure, adaptable to changes.

Responsibilities

• Handle FICC/equities settlement.
• Monitor and reconcile all Equity trades to ensure accurate settlement.
• Work closely with traders, brokers, and custodians to resolve settlement issues or discrepancies.
• Ensure compliance with regulatory requirements and internal policies related to settlement, new product approvals and business enablement.
• Processing support on daily operation tasks such as trade matching, CCASS operations, corporate actions processing, IPO and placement, client fund transfers, borrowing and lending, data management and mutual funds processing.
• Follows up with trade counterparts on trade confirmations, unsettled trades and related inquiries.
• Manage the stock pledge processing of equities and derivatives in Hong Kong.
• Performs data input for securities trade transactions in T24 Globus.
• Identify and implement process improvements to increase efficiency and reduce risk in the settlement process.
• Partner with Technology to improve process and deliver new business initiatives.

Skills

Risk awareness

Communication

Interpersonal skills

Process improvements

Multi-tasking

Adaptability

Education

Bachelor's degree in finance

Tools

SWIFT

Clearstream

CCAS

CMU

Job description

Responsibilities

• Handle FICC/ equities settlement
• Monitor and reconcile all Equity trades to ensure accurate settlement
• Work closely with traders, brokers, and custodians to resolve any settlement issues or discrepancies
• Ensure compliance with all regulatory requirements, internal policies related to settlement, new product approvals and business enablement
• Processing support on daily operation tasks such as trade matching, CCASS operations, corporate actions processing, IPO and placement, client fund transfers, borrowing and lending, data management and mutual funds processing.
• Follows up with trade counterparts on trade confirmations, unsettled trades and related enquires.
• Manage the stock pledge processing of equities and derivatives in Hong Kong
• Performs data input for securities trade transactions in T24 Globus
• Identify and implement process improvements to increase efficiency and reduce risk in the settlement process
• Partner with Technology to improve process and deliver new business initiatives

Requirements

• Bachelor's degree in finance, or a related field
• 3-5 years of experience in Equity/ FICC settlement within a banking or financial services environment
• Previous working experience in SWIFT / Clearstream / CCAS / CMU
• Strong risk awareness, ability to identify the issue and escape properly
• Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders
• Ability to identify and implement process improvements and advise on process efficiency
• Ability to handle multi-tasks under pressure, adaptable to changes