Key Areas of 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.
Requirements
Bachelor's degree or above in finance, accounting, or a related field.
Minimum 3 years of experience in the futures industry, including clearing & settlements, reconciliation, regulatory reporting, and client margin control.
Familiarity with SGX CW2, ION XTP, and XTP Clearing systems (preferred).
Strong knowledge of MAS and SGX regulatory requirements.
Proven ability to manage settlement processes, including cash settlement, FX delivery, and option exercise/assignment.
Enthusiastic, motivated, and able to work independently and as part of a team.
Excellent command of / fluent in both spoken and written English and Chinese to communicate with stakeholders in Greater China.
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Skills Required
- Bachelor's degree in finance, accounting, or a related field
- Minimum 3 years of experience in the futures industry
- Familiarity with SGX CW2, ION XTP, and XTP Clearing systems
- Strong knowledge of MAS and SGX regulatory requirements
- Proven ability to manage settlement processes
- Excellent command of both spoken and written English and Chinese
CLSA Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CLSA and has not been reviewed or approved by CLSA.
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Pay Growth & Progression — Base pay for junior bankers was increased significantly in 2021 to stay competitive in a hot market. This indicates willingness to adjust compensation when talent risks rise.
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Healthcare Strength — Permanent staff are automatically enrolled in healthcare aligned to local markets, with added travel health and security support via International SOS. This points to solid core medical coverage with global-travel assistance.
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Retirement Support — Permanent staff are automatically enrolled in pension plans aligned to local markets. A group retirement plan is administered regionally, signaling formalized retirement benefits infrastructure.
CLSA Insights
What We Do
CITIC CLSA is a wholly-owned subsidiary of CITIC Securities and its overseas business platform. Established in Hong Kong in 1986, CITIC CLSA is Asia’s leading capital markets and investment group, committed to driving the growth strategies of global institutional investors, corporations, governments and high-net-worth individuals. CITIC CLSA’s award-winning research, extensive Asia network, direct links to China and highly experienced financial professionals set CITIC CLSA apart from global investment banks and regional players. Over three decades, CITIC CLSA has built an extensive Asia network with deep local knowledge and connections. Globally, we operate from 13 countries across Asia, Australia, Europe and the Americas. For further information, please visit clsa.com
