Settlement Officer

About us

WRISE Prestige offers a sophisticated wealth management experience designed for forward-thinking investors. Enjoy a transparent approach with access to a broad range of investment opportunities and comprehensive services, expertly guided by a dedicated Independent Wealth Consultant. Receive bespoke strategies crafted specifically for affluent and high-net-worth individuals.

Adhering to our mission of transparency and independency, we drive high client experience and innovation across products and enrich product and service offerings that meet the evolving needs of our clients and the industry. We prioritise our clients’ interests, offering tailored investment portfolios and personalised wealth planning. We understand their goals and risk tolerance, delivering customised strategies that adapt to market trends.

Job Summary

The Settlement Officer is responsible for executing and monitoring daily settlement activities across various investment products, ensuring all transactions are processed accurately, efficiently, and in compliance with regulatory requirements. The role also supports operational projects, client onboarding, audits, and continuous process improvement initiatives.

Key Responsibilities:

1. Perform daily settlement operations for financial transactions, including equities, fixed income securities, funds, and other investment products.
2. Ensure all transactions are settled accurately and within prescribed market deadlines and service standards.
3. Process settlement payments, receipts, and related cash movements, and prepare regular settlement and reconciliation reports.
4. Monitor settlement activities to ensure compliance with internal policies, operational procedures, and regulatory requirements.
5. Investigate, resolve, and escalate settlement discrepancies, operational issues, and incidents to management on a timely basis.
6. Support system enhancements, User Acceptance Testing (UAT), and operational projects as assigned.
7. Assist with client onboarding activities and account setup processes related to settlement operations.
8. Liaise with custodians, counterparties, brokers, banks, and internal stakeholders to facilitate smooth settlement processing.
9. Support internal and external audits by providing accurate records, documentation, and operational information.
10. Maintain proper transaction records and prepare management and regulatory reports as required.
11. Ensure adherence to Anti-Money Laundering (AML), compliance, risk management, and operational control frameworks.
12. Identify opportunities for process improvement and contribute to enhancing operational efficiency and control standards.

Requirements:

1. Bachelor's degree in Business Administration, Finance, Accounting, Economics, or a related discipline.
2. Minimum 1 year of relevant experience in settlement, operations, securities processing, or transaction support within banking, brokerage, asset management, securities, or financial services industries.
3. Candidate with more experiences will be offered as Senior Settlement Officer.
4. Familiarity with financial products, settlement processes, and market practices. Experience in bonds, structured products, or OTC derivatives is a strong asset.
5. Proficient in Microsoft Office applications, particularly Excel; experience with settlement and back-office systems is preferred.
6. Strong attention to detail with excellent analytical, problem-solving, and organizational skills.
7. Self-motivated, responsible, and able to work independently under tight deadlines.
8. Good communication and interpersonal skills, with the ability to work effectively with internal and external stakeholders.
9. Good command of written and spoken English, Cantonese, and Mandarin.
10. Candidates available for immediate commencement will be prioritized.

Why Join Us

1. Exposure to a broad range of investment products and financial markets.
2. Opportunity to work in a growing wealth management and financial services environment.
3. Collaborative and professional team culture with career development opportunities.

We offer an attractive package including discretionary bonus, 5 days work, annual leave, family leave, birthday leave, full pay sick leave and group medical insurance to the right candidate. Please apply with a full resume stating present & expected salary and date available.