Operations Settlement Executive (Noon Shift)

Company Overview:

• uSMART Securities is a leading global investment company that brings ease and convenience to investors for all their investment needs.

• With operations in Singapore, Malaysia, Hong Kong and China we believe in using technology and intelligent solutions to provide a holistic platform offering to investors that they will need in their investment needs.

• With a staff strength of more than 400 strong globally, we are expanding to add talent to the team in various functions. If you are looking for an organization to develop your talent, craft out your career based on your interest, and most importantly an environment and culture that is positive and vibrant, look no further!

• Company website: https://www.usmart.hk/

Working Hours: 16:00 – 00:00 (Noon Shift)
Allowance: Night Shift Allowance Provided

Key responsibilities

• Perform daily clearing and settlement for US equities and US equity options, including trade matching, confirmation, and end-of-day processing
• Process and monitor settlement instructions for US equities
• Handle corporate action events for US-listed securities, including dividends, stock splits, reverse splits, rights issues, and mergers
• Conduct daily position reconciliation for US markets
• Manage exercise and expiration processing for US equity options
• Independently identify and resolve settlement exceptions, escalating where necessary
• Liaise with overseas custodians, brokers, and counterparties on settlement matters
• Ensure all settlement activities comply with internal policies and regulatory requirements
• Support ad-hoc projects and process improvement initiatives

About you

• Degree holder in Finance, Business, Accounting or related disciplines
• At least 2 years of hands-on experience in US equities and/or US options settlement
• Solid understanding of corporate actions processing for US-listed securities
• Experience with stock splits, reverse splits, and position reconciliation
• Good command of written and spoken English and Chinese (Cantonese and Mandarin).
• Knowledge of Bloomberg Terminal is an advantage.