Assistant Fund Settlement Manager - Bank of East Asia (Trustees) Limited

Position Summary

This role is responsible for daily operation transactions; compliance checking; securities settlement; and updating exchange rates, market prices and transactions into fund accounting system.

Responsibilities

• Process settlement instructions from fund managers
• Perform daily operation transactions for MPF and Unit Trusts funds
• Monitor funding arrangement and cash positions
• Process corporate actions
• Investigate any discrepancies in transactions and follow up on outstanding issues
• Perform compliance checking on the permissibility of newly invested securities according to MPFA regulations
• Review cash flow projection and portfolio holding including reconciliation of securities holdings and investment pricing

Requirements

• Diploma holder or above, preferably major in finance or accounting
• Minimum 3 year’s fund settlement or operations experience in banking and financial industry
• Knowledge of MPF investment regulations and SFC Code is an advantage
• Knowledge in trust administration, operational procedures, internal controls, compliance, risk management and other applicable laws and regulations
• Holder of SFC RA Type 13  license is a plus
• Sound knowledge of electronic settlement systems and Bloomberg
• Strong communication and interpersonal skills
• Proficiency in both spoken and written English and Chinese