Settlement Operations Lead – Securities & Derivatives

Central Wealth Securities Investment Limited; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

Central Wealth Securities Investment Limited seeks a Settlement Manager (Operations) to oversee daily securities settlement, corporate actions, IPOs, and related activities. You will manage a diverse portfolio including Fixed Income and OTC Derivatives, and ensure regulatory compliance with SFC/HKMA rules.

The role requires at least 5 years in settlement management at a brokerage or top-tier financial institution, with strong CCASS/CMU/EUROCLEAR/CLEARSTREAM and SWIFT experience.

Qualifications

• Bachelor's degree or above in Finance, Business Administration, Accounting, or related field.
• At least 5 years of relevant working experiences in settlement management and operation.
• Proven track record in performing good management in a brokerage or a top-tier financial institution.
• Strong understanding of Fixed Income, HKEX products and settlement systems.
• Well familiarity with OTC Derivatives (Interest Rate Swaps, Total Return Swaps, etc.).
• Proficient in CCASS, CMU, Euroclear, and Clearstream and SWIFT(MT/MX).
• Understanding of the Northbound/Southbound Trading Link mechanics.
• Fluent in Mandarin and English is required.

Responsibilities

• Oversee daily operations: securities settlement, corporate actions, IPOs, placings, share repurchases, securities lending, and client fund transfers.
• Lead settlement operations for a diverse portfolio, including Stock Option, Fixed Income, OTC Derivatives.
• Oversee Bond Connect, CIBM, and international bond settlements. Manage the lifecycle of OTC derivatives, including Trade Affiliation, ISDA/NAFMII compliance documentation, and Collateral Management/ Margining.
• Ensure adherence to the SFC's Client Money Rules and Securities and Futures Keeping of Records Rules. Also SFC and HKMA guidelines and internal policies, particularly regarding Client Money Rules and AML/KYC protocols.
• Drive UAT for system migrations and automate manual workflows to improve STP rates.
• Lead and train the settlement team, serving as a key liaison for the Front Office, IT, legal/compliance, and external vendors or regulators.

Skills

Fixed Income

OTC Derivatives

Settlement systems

CCASS/CMU/Euroclear/Clearstream

SWIFT MT/MX

Mandarin/English

Education

Bachelor's degree or above in Finance/Business/Accounting

Tools

CCASS

CMU

Euroclear

Clearstream

SWIFT MT/MX

Job description

Central Wealth Securities Investment Limited seeks a Settlement Manager (Operations) to oversee daily securities settlement, corporate actions, IPOs, and related activities. You will manage a diverse portfolio including Fixed Income and OTC Derivatives, and ensure regulatory compliance with SFC/HKMA rules.

The role requires at least 5 years in settlement management at a brokerage or top-tier financial institution, with strong CCASS/CMU/EUROCLEAR/CLEARSTREAM and SWIFT experience.