Settlement Manager (FX and Debt Securities) - Clearing & Settlement Operations

Responsibilities

• Monitor and ensure all payments and transactions related to Treasury Products are effected with timely processing.
• Verify and release large payments.
• Perform daily FX Position Reconciliation (between Report 70 and General Ledger) and investigate any discrepancies found.
• Ensure all FX/MM outstanding amounts are tied with the General Ledger (GL) balance at each month-end.
• Check and investigate GL entries related to Treasury Products.
• Provide first-line troubleshooting for operation teams regarding transaction flows.
• Monitor and ensure all payments and transactions related to Treasury Products are effected and timely processing.
• Checked daily FX Position Recon between Report 70 and GL and investigate if any discrepancies found.
• Ensure all FX/MM outstanding are tied with GL balance.
• Ad-hoc basis support
• Prepare monthly reporting for internal parties
• Prepare exchange P&L in CNY/CNH to FCD on a monthly basis.
• Review all FX/MM outstanding reports for monthly reporting accuracy.
• HKTR / EMIR reporting
• Oversee static data maintenance on various systems and limit maintenance on TMR.
• Monitor and control IT-related activities, including system evaluation, acquisition, and implementation.
• Support and coordinate with relevant parties on system enhancements (requirement collection, migration assistance).
• Perform and oversee User Acceptance Testing (UAT) related to Treasury Products, payment systems, and financial reporting.
• Represent operations teams to liaise with the IT department and system vendors regarding production issues and system change requests
• Manage daily operations supporting various business units.
• Liaise with different stakeholders regarding new businesses, regulatory requirements, or strategic initiatives.
• Manage projects to ensure they meet budgets, timeframes, and requirements.
• Adopt a methodical approach to problem-solving, identifying root causes, and resolving obstacles before they develop.

Requirements

• Degree Holder, preferably major in Banking, Economics, Finance, or other relevant qualifications
• Required over 7-10 years’ experience in banking operations
• In-depth understanding of Treasury transactions and operations flow (Foreign Exchange / Money Market / Debt Securities).
• System Knowledge: Proficiency in Treasury settlement systems (e.g., SAA, RTGS, CLS,TMS, TMR , Calypso, Murex ).
• Regulatory Reporting Knowledge: HKTR reporting, EMIR reporting etc
• Strong knowledge of accounting principles and General Ledger reconciliation.
• Advanced knowledge of Excel (specifically Macros and Pivot Tables).
• Fluency in English and Chinese required