Settlement Manager (Treasury Settlement) (Secondment Contract) (Ref no: RSD-SM-CM)

Nanyang Commercial Bank Ltd.; Hong Kong; On-site; HKD 500,000 - 800,000; Full time

Job summary

Nanyang Commercial Bank Ltd. in Hong Kong is seeking an experienced Settlement Operations professional to oversee daily settlement activities across FX, MM, Fixed Income, and Derivatives.

The role requires at least 5 years of experience in settlement/operations, strong treasury settlement knowledge, and familiarity with HKMA and HKTR reporting; fluency in English, Chinese and Putonghua is highly valued. Immediate availability is preferred to support ongoing regulatory and process improvements.

Qualifications

• Bachelor’s degree or above in Business Administration or related disciplines.
• At least 5 years of working experience in the settlement and operations department.
• Solid experience in operations of treasury settlement.
• Prior experience of HKTR reporting is a definite advantage.
• Good understanding of HKMA, SFC, and international regulations.
• Proficiency in both written and spoken English, Chinese and Putonghua.
• Immediate available is highly preferred.

Responsibilities

• Oversee daily settlement of FX, Money Market (MM), Fixed Income, and Derivatives;
• Perform trade confirmation, matching, and payment execution;
• Liaise with external counterparties, brokers to investigate and resolve trade discrepancies;
• Support bond settlement and derivative life cycle events;
• Minimize operational risks, prevent settlement failures, and handle complex escalated exception cases;
• Enforce strict segregation of duties and internal controls by verifying transactions and system data changes;
• Review and update standard operating procedures continuously to optimize workflow efficiency;
• Participate in system enhancement project, manage and resolve problems during different stages from project initiation to its implementation.

Skills

Treasury settlement operations

Regulatory compliance

Trade settlement experience

Operational risk management

English/Chinese/Putonghua fluency

Education

Bachelor's degree in Business Administration

Job description

Accumulating over 70 years experience on our solid foundation in Hong Kong and Greater China, we succeed and create our brilliant story throughout the region. As the first foreign bank branch in Mainland, we grasp the opportunity to grow along with the economic reforms. With our well-versed China business intelligence, we continue to expand our network proactively but prudently. Inheriting our “People Focus” tradition, we strongly believe in the philosophy of talent investment. Here, we respect your career development with enormous support and room for inspiration. If you are ready to go for great, join us today. You can shine with your own glorious story. Your talent is our treasure, come to explore your potential with us.

Job Responsibilities

• Oversee daily settlement of FX, Money Market (MM), Fixed Income, and Derivatives;
• Perform trade confirmation, matching, and payment execution;
• Liaise with external counterparties, brokers to investigate and resolve trade discrepancies;
• Support bond settlement and derivative life cycle events;
• Minimize operational risks, prevent settlement failures, and handle complex escalated exception cases;
• Enforce strict segregation of duties and internal controls by verifying transactions and system data changes;
• Review and update standard operating procedures continuously to optimize workflow efficiency;
• Participate in system enhancement project, manage and resolve problems during different stages from project initiation to its implementation.

Job Requirements

• Bachelor’s degree or above in Business Administration or related disciplines;
• At least 5 years of working experience in the settlement and operations department;
• Solid experience in operations of treasury settlement;
• Prior experience of HKTR (Hong Kong Trade Repository) reporting is a definite advantage;
• Good understanding of HKMA, SFC, and international regulations;
• Proficiency in both written and spoken English, Chinese and Putonghua;
• Immediate available is highly preferred.

We are an Equal Opportunities Employer.

Data collected would be used for recruitment purposes only. Applicants who do not hear from us within 8 weeks may consider their applications unsuccessful and their data will be destroyed within 12 months of receipt.