Security settlement - Fixed Income and Equities, Associate

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Morgan Stanley
  • 17 Jan 18 2018-01-17

See job description for details

The security settlement team is responsible for ensuring the firms Fixed Income and Equity transactions successfully settle on time. Further, the team is responsible for ensuring the books and records for the firm agree with the external banks and depository's records. The team mainly covers Hong Kong and China Stock Connect Settlement. We are looking for a candidate with 3-5 years Financial industry Operations working experience. It will be better if the candidate has some settlement knowledge, or securities products knowledge, HK market practice and rules.

The key responsibilities includes -

? Partner with vendor and relevant internal teams to handle the equity and fixed income settlements in HK market and China A stock connect
? Communicate with different counterparty (broker and custodian) in the market to confirm buy-in risk and work on settlements
? Follow up on physical certificate deposit or withdrawal request from client or business unit
? Follow up on IPO deals, stock lending deals, ADR conversion, etc
? Investigate and resolve settlement exceptions
? Investigate and resolve post settlement internal and external breaks
? Prepare payment and trade instructions and release to custodian banks and CCASS terminal
? Deliver quality service and solutions to their evolving business requirements
? Escalate/report and mitigate risks associated with the settlement process
? Identify areas for process improvement to improve the control and efficiency of the process
? Work and contribute as a team


? Self motivated with positive working attitude.
? Lead by example working with drive and determination
? Specialist in functional knowledge and able to deal with multiple tasks under pressure
? Specialist in market knowledge and able to understand impact of any market changes and communicate to stakeholders.
? Good communication skills, able interact and communicate effectively both internally and externally
? Ability to identify problems as they arise and understand when they need to be escalated.
? Ability to set out / apply up to date knowledge and best practices to develop solutions that add value to the firm and our clients
? Adaptable and flexible to changes and new challenges
? Keen to learn new skill sets and does so quickly
? Vendor Management skill