Senior Manager - Trade Support (System Support) - Clearing and Settlement Operations

Responsibilities

• Ensure accurate and timely execution, settlement, and reconciliation of all trade types under the section’s mandate (including FX, Equity Derivatives, OTC Derivatives, Linked Deposits, and BEA Investments).
• Review and authorize payment instructions to ensure financial integrity and minimize settlement risk
• Maintain effective monitoring of investment portfolio operations and performance
• Serve as the primary operational collaborator with internal Traders, BEA China counterparts, and external Interbank counterparts
• Process and settle OTC derivatives specifically for Private Banking clients, ensuring high service quality
• Provide accurate and comprehensive regular reports to Senior Management regarding operational status and performance.
• Oversee and manage the daily operations of the section, ensuring all transactions are processed accurately and efficiently
• Monitor and manage section-related projects, ensuring strict adherence to project plans and timelines
• Review, document, and implement continuous process improvements to enhance operational efficiency and mitigate operational risk.
• Ensure all work procedures documentation is accurate, complete, and up-to-date
• Timely follow up and report on all exceptional issues encountered with counterparties.
• Manage, supervise, and lead the operations team, ensuring the team's output meets the required standard of the bank.
• Allocate resources effectively to ensure optimal utilization of manpower and achieve strategic objectives
• Monitor team workload and ensure a balanced distribution of tasks.
• Conduct regular performance reviews, provide constructive feedback, coaching, and mentorship

Requirements

• Bachelor’s degree in finance, Economics, Engineering, or Computer Science is essential.
• Product Knowledge: Deep understanding of FX Swaps, NDFs, Repos, Vanilla & Exotic Options and Structure products etc. 
• Project Management: PMP (Project Management Professional) certified is a plus.  
• Systems: Experience of any of industry-standard platforms: Bloomberg, Reuters, Murex, Summit, Calypso, or Gloss etc.  
• Knowledge of SAA and SWIFT message types (MT/MX standards, specifically ISO 20022). 
• Understanding FX payment logistics, CLS and payment platforms and mechanism for FX, CHATS, RTGS, SWIFT, TT, Remittance etc.