Operations Officer - CITIC CLSA

CLSA Singapore Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

CLSA Singapore Pte Ltd is seeking an experienced settlement specialist to manage daily clearing and settlement activities for futures, ensuring timely processing and compliance with MAS and SGX requirements. You will coordinate with trading, risk, and operations to maintain accuracy and end-to-end trade flow in a fast-paced environment.

The role requires a Bachelor's degree in finance or accounting and at least 3 years in the futures industry, with hands-on experience in reconciliation,

Qualifications

• Bachelor's degree in finance, accounting, or related field.
• Minimum 3 years of experience in futures industry including clearing & settlements, reconciliation, regulatory reporting, and client margin control.
• Familiarity with SGX CW2, ION XTP, and XTP Clearing systems preferred.
• Strong knowledge of MAS and SGX regulatory requirements.

Responsibilities

• Manage clearing deadlines and ensure timely processing of trades according to regulatory, client, and company requirements.
• Execute daily settlement activities for futures, including cash settlement, FX delivery, and option exercise/assignment.
• Perform daily reconciliations of trades, positions, and cash flows; investigate discrepancies.
• Maintain static data in internal systems (client accounts, contracts, fee updates).
• Ensure all settlement activities comply with MAS and SGX regulations.
• Identify opportunities to improve settlement processes and reduce operational risk.
• Prepare and submit daily/weekly/monthly reports to stakeholders and regulators as required.
• Collaborate with trading, risk, compliance and other teams to ensure end-to-end processing.

Skills

Settlement processing

Reconciliation

Regulatory reporting

English/Chinese communication

Education

Bachelor's degree in finance/accounting

Tools

ION XTP

XTP Clearing

Job description

Key Areas of Responsibilities

• Manage clearing deadlines and ensure trades are processed in a timely manner, taking into account regulatory, client, and company requirements.
• Execute daily settlement activities for exchange-traded derivatives, ensuring the timely and accurate settlement of trades. Manage the contract delivery process, including cash settlement, FX delivery, and option exercise/assignment.
• Perform daily reconciliations of trades, positions, and cash flows, investigating and resolving any discrepancies or exceptions.
• Maintain static data within internal systems, including client account openings/closures, contract setup, and fee/commission rate updates.
• Ensure all settlement activities comply with local regulatory requirements, particularly those of MAS and SGX.
• Identify opportunities to improve settlement processes and systems, contributing to increased efficiency and reduced operational risk.
• Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
• Work closely with trading, risk, compliance, and other operational teams to ensure smooth end-to-end processing of trades.

Requirements

• Bachelor's degree or above in finance, accounting, or a related field.
• Minimum 3 years of experience in the futures industry, including clearing & settlements, reconciliation, regulatory reporting, and client margin control.
• Familiarity with SGX CW2, ION XTP, and XTP Clearing systems (preferred).
• Strong knowledge of MAS and SGX regulatory requirements.
• Proven ability to manage settlement processes, including cash settlement, FX delivery, and option exercise/assignment.
• Enthusiastic, motivated, and able to work independently and as part of a team.
• Excellent command of / fluent in both spoken and written English and Chinese to communicate with stakeholders in Greater China.