Settlement Manager - Asset Management

Non-disclosed Hong Kong

Posted 17 hours ago Permanent HK$50k - HK$70k

Key Responsibilities

Settlement Management: Oversee daily post-trade operations, trade matching, confirmation, allocation, and settlement across equities, fixed income, FX, derivatives, and alternative assets.
Team Leadership: Manage, mentor, and build a team of settlement specialists, setting clear objectives and performance standards.
Risk & Exception Management: Monitor and resolve trade fails, corporate actions discrepancies, cash/stock breaks, and operational exceptions promptly to minimize financial and reputational risk.
Custodian & Vendor Oversight: Maintain strong working relationships with custodians, prime brokers, clearing houses, and third-party service providers; evaluate service quality and market counterparty risks regularly.
Process Improvement & Automation: Identify workflow inefficiencies, drive straight-through processing (STP), and lead system migration or automation projects to enhance operational scalable capacity.
Regulatory & Compliance Alignment: Ensure strict adherence to regional and international market settlement regulations and internal compliance standards.

Qualifications & Requirements

Experience: 5-8+ years of post-trade operations/settlement experience within an asset management firm, investment bank, or custodian bank, with at least 1–3 years in a managerial role.
Asset Class Expertise: In-depth understanding of global settlement mechanisms across multi-asset classes (Fixed Income, Equities, Funds, FX, OTC/ETD Derivatives).
Technical Skills: Hands-on experience with major industry platforms and portfolio accounting software.
Regulations & Market Practice: Strong knowledge of global settlement cycles (T+1/T+2), CSDR fail penalty frameworks, and regional clearing frameworks.
Soft Skills: Excellent problem-solving abilities, strong communication skills, high attention to detail, and a track record of driving process improvements under tight deadlines.
Education: Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
Language skillset: Fluency in English and Mandarin