Settlement Manager (Investment Operations)

1. To ensure operation and/or project implementation cost is within the approved budget.

2. To provide excellent service in handling customer issues and enquiries in a timely, problem-free and responsive manner.

3. To closely monitor daily securities settlement operations process and make sure that they are duly completed within timeline.

4. To ensure transactions are settled in accordance with clients’ instruction through various system.

5. To make decisions on daily operation problems and allocation of sub-ordinates’ jobs within the team.

6. To review and authorize the payment instructions.

7. To conduct monthly internal inspection of physical share certificate kept under vault.

8. To keep tracks of all the securities kept with various Custodians and reconcile the record from time to time.

9. To ensure all the relevant documents are maintained and filed with IRS, US properly according to the Qualified Intermediary Agreement.

10. To monitor and review the department’s operational procedures and keep abreast of the Bank’s policies / guidelines and regulatory requirements.

11. To participate in the project team related to the development / launch of various investment product and take up ad hoc assignments when required.

12. To ensure the subordinates to comply with the rules and regulatory requirements of governing authorities.

Requirement:

1. Bachelor degree or Above, preferably major in business, finance.

2. Over 6 year experience in banking sector cover the following:

●At least 3 years in managerial position of Securities Settlement Operations;

●Sound knowledge in securities products as well as its operation process and able to lead a team to ensure excellent services are provided;

●Good understanding of Bank and Regulatory policies, procedures, practices and rules;

●Strong technical knowledge of the Bank’s products services and systems;

●A team leader with good communication skills and risk awareness;

●Good command of both spoken and written English and Cantonese.