Operations Settlement Executive (Noon Shift)

Finsmart Solutions Malaysia Sdn Bhd; Kuala Lumpur; On-site; MYR 67,000 - 100,000; Full time

Benefits offered by this job

Night Shift Allowance Provided

Job summary

uSMART Securities is seeking an Operations Settlement Executive for the Noon shift to handle daily clearing and settlement of US equities and options, and to perform trade matching and end-of-day processing.

You will liaise with overseas custodians and brokers, manage corporate actions processing, and conduct daily position reconciliations to ensure accuracy and regulatory compliance. English and Chinese proficiency is required.

Qualifications

• Degree in Finance, Business, Accounting or related disciplines.
• Hands-on experience in US equities and/or US options settlement (min 2 years).
• Solid understanding of corporate actions processing for US-listed securities.
• Experience with stock splits, reverse splits, and position reconciliation.
• Proficient in written and spoken English and Chinese (Cantonese & Mandarin).
• Knowledge of Bloomberg Terminal is an advantage.

Responsibilities

• Perform daily clearing and settlement for US equities and US equity options, including trade matching, confirmation, and end-of-day processing.
• Process and monitor settlement instructions for US equities.
• Handle corporate action events for US-listed securities, including dividends, stock splits, reverse splits, rights issues, and mergers.
• Conduct daily position reconciliation for US markets.
• Manage exercise and expiration processing for US equity options.
• Independently identify and resolve settlement exceptions, escalating where necessary.
• Liaise with overseas custodians, brokers, and counterparties on settlement matters.
• Ensure all settlement activities comply with internal policies and regulatory requirements.
• Support ad-hoc projects and process improvement initiatives.

Skills

US equities settlement

US options settlement

Corporate actions processing

Position reconciliation

English and Chinese (Cantonese &Mandar

Bloomberg Terminal knowledge

Education

Degree in Finance/Business/Accounting or related disciplines

Tools

Bloomberg Terminal

Job description

Operations Settlement Executive (Noon Shift)

uSMART Securities is a leading global investment company that brings ease and convenience to investors for all their investment needs.

With operations in Singapore, Malaysia, Hong Kong and China we believe in using technology and intelligent solutions to provide a holistic platform offering to investors that they will need in their investment needs.

With a staff strength of more than 400 strong globally, we are expanding to add talent to the team in various functions. If you are looking for an organization to develop your talent, craft out your career based on your interest, and most importantly an environment and culture that is positive and vibrant, look no further!

Working Hours: 16:00 – 00:00 (Noon Shift)

Allowance: Night Shift Allowance Provided

Key responsibilities

Perform daily clearing and settlement for US equities and US equity options, including trade matching, confirmation, and end-of-day processing

Process and monitor settlement instructions for US equities

Handle corporate action events for US-listed securities, including dividends, stock splits, reverse splits, rights issues, and mergers

Conduct daily position reconciliation for US markets

Manage exercise and expiration processing for US equity options

Independently identify and resolve settlement exceptions, escalating where necessary

Liaise with overseas custodians, brokers, and counterparties on settlement matters

Ensure all settlement activities comply with internal policies and regulatory requirements

Support ad-hoc projects and process improvement initiatives

About you

Degree holder in Finance, Business, Accounting or related disciplines

At least 2 years of hands-on experience in US equities and/or US options settlement

Solid understanding of corporate actions processing for US-listed securities

Experience with stock splits, reverse splits, and position reconciliation

Good command of written and spoken English and Chinese (Cantonese and Mandarin).

Knowledge of Bloomberg Terminal is an advantage.