Senior Associate, Securities Clearing Operations

lseg; Taguig; On-site; PHP 600,000 - 900,000; Full time

Job summary

London Stock Exchange Group (LSEG) in Manila is seeking a Senior Associate for Securities Clearing Operations to ensure trades are accurately registered, netted and settled across a range of Central Securities Depositories (CSDs) and ICSDs.

You will collaborate with clearing members, agents, CSDs and ICSDs to support timely settlement, accurate reconciliation and smooth day-to-day operations, while maintaining high data integrity and strong incident management.

Qualifications

• Bachelor's degree required in Finance, Economics, Accounting, Business Administration or equivalent.
• Solid Excel skills are a must-have.
• Experience with analytical or reporting tools such as Power BI or other data-visualisation platforms is preferred.

Responsibilities

• Manage daily operations to ensure trades are registered, netted and settled on time with accurate checklists.
• Monitor settlement positions and investigate delays, taking timely action per policy.
• Communicate with Clearing Members and external parties to provide updates and guidance.
• Collaborate with CSDs, ICSDs and settlement agents to resolve issues.
• Reconcile data and maintain accurate static data across the clearing platform.
• Support cross-department collaboration to strengthen understanding of RepoClear and EquityClear.

Skills

Excel skills

Analytical mindset

Communication skills

Education

Bachelor's degree in Finance, Economics, Accounting, Business Admin

Tools

Power BI

SWIFT messaging

Job description

Role profile:

Securities Clearing Operations ensures that all trades are accurately registered, netted, instructed, and settled within agreed timeframes. This team plays a critical role in enabling the RepoClear and EquityClear services to meet their legal, regulatory, and operational obligations across multiple trading platforms.

As part of the wider LCH Ltd Operations function, Securities Clearing Operations collaborates closely with CaLM, First Line Risk, and the RepoClear and EquityClear business teams to deliver reliable, high‑quality clearing services.

ROLE SUMMARY:

Based in Manila, you will help ensure that trades are accurately registered, netted, and settled across a range of Central Securities Depositories (CSDs) and International CSDs (ICSDs). You will work closely with members, agents, CSDs, and ICSDs to support timely settlement, accurate reconciliation, and smooth day‑to‑day operations.

WHAT YOU'LL BE DOING:

• Manage daily operational activities to ensure trades are correctly registered, netted, and settled on time, completing checklists with accuracy and consistency.


• Monitor and process corporate actions for cash equities, helping protect LCH from risk while meeting delivery and settlement obligations.


• Proactively oversee settlement positions across all LCH markets, investigate issues or delays, and take timely action to resolve them in line with internal and external policies.


• Communicate clearly and professionally with Clearing Members when issues arise, providing timely updates and guidance.


• Work with CSDs, ICSDs, settlement agents, and external service providers to resolve operational concerns.


• Identify operational issues, log them appropriately, take ownership through to resolution, raise incidents, and elevate when needed.


• Build and maintain strong knowledge of RepoClear and EquityClear products, including the full lifecycle from trade registration to settlement and the underlying instruments and corporate actions.


• Collaborate with colleagues in London and across other business teams to strengthen cross‑departmental understanding.


• Respond promptly to Clearing Member queries via phone or email, delivering excellent service through strong communication and subject‑matter expertise.


• Maintain strong relationships with Clearing Members, especially those involved in EquityClear business with LCH Ltd.


• Take ownership of your development by identifying skills gaps, building actionable development plans, and proactively working toward subject‑matter expertise.


• Manage your workload independently with minimal supervision while supporting team members when capacity allows.


• Maintain and update static data across the clearing platform, ensuring accuracy and completeness to support operational readiness.


• Reconcile nostro and depot accounts daily, ensure correct funding decisions, avoid overdraft charges, and resolve breaks quickly.


• Recommend new ideas and opportunities to drive innovation, reduce costs, and enhance operational efficiency.


• Support the implementation of operational controls and risk management requirements.


• Ensure all internal procedures are followed, regularly reviewed, kept up‑to‑date, and accurately maintained.


• Participate in Internal Audit reviews when required.


• Follow departmental security policies, including email confidentiality and data protection.


• Maintain awareness of business continuity procedures and your role within them.


• Demonstrate strong knowledge of Service Level Agreements (SLAs), rules, regulations, and relevant operational procedures.


• Monitor Clearing Member performance and elevate concerns when appropriate.


• Apply a strong understanding of the incident management process to ensure incidents are reported promptly, clearly, and accurately.

WHAT YOU'LL BRING:

• Must hold a Bachelor's degree in Finance, Economics, Accounting, Business Administration, or an equivalent field of study.


• Solid Excel skills (must‑have).


• Experience working with analytical or reporting tools such as Power BI or other data‑visualisation platforms (nice to have).


• Working knowledge of CSD/ICSD processes and systems (preferred).


• Familiarity with SWIFT messaging (advantageous).


• Experience in back‑office operations, settlements, Corporate Actions or a similar environment (beneficial).


• Excellent written and verbal communication skills.


• A proactive mindset and a commitment to ongoing learning and skill development.


• Ability to work independently and as part of a collaborative team.

Career Stage:

Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture