Our client is an Asia-based leading capital markets and investment group.
Key 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.
Qualifications & Experience
- A Bachelor's degree or higher in Finance, Accounting, or a related discipline.
- At least 5 years of professional experience within the futures industry, with a proven track record in clearing & settlements, reconciliation, regulatory reporting, and client margin control.
- Working knowledge of SGX CW2, ION XTP, and XTP Clearing systems is highly advantageous.
- In-depth understanding of the regulatory frameworks set by the MAS and SGX.
- Demonstrated expertise in managing key settlement processes, including cash settlement, FX delivery, and options exercises/assignments.
- A proactive, results-oriented professional who excels both independently and in a collaborative team setting.
- Exceptional verbal and written communication skills in English and Chinese, with the fluency required to engage effectively with stakeholders across Greater China.
Business Registration Number: 200611680D. License Number: 10C5117 EA Personal Registration Number: R1875960.
