Equity Settlements Analyst

• Settlement Operations
• Reconciliations & Controls
• Client & Stakeholder Engagement

Overview: We are hiring a Stock Connect Market Settlements Associate. This role focuses on overseeing the clearing, pre-matching, and settlement of equity executions for global clients trading in Hong Kong and Stock Connect (Shanghai/Shenzhen) markets. The position carries significant regulatory responsibility related to the safeguarding of client assets, strong internal control adherence, and accurate reconciliation to uphold high custodial services standards.

Location: Singapore
Key Responsibilities: Settlement Operations

• Perform cross-border settlement of Hong Kong and Stock Connect equity trades.
• Check booking and settlement accuracy across systems.
• Follow up on outstanding settlement items and resolve breaks promptly.

Reconciliations & Controls

• Perform stock and cash reconciliations, investigating discrepancies and ensuring timely resolution.
• Uphold stringent internal controls and comply with regulatory responsibilities regarding client asset protection.

Trade Support & Exceptions Handling

• Initiate stock borrows for failed trades and monitors stock return activities.
• •Monitor settlement flows via CCP terminals to prevent buy-ins.
• Prepare stamp duty payments and arrange margin payments as required.

Client & Stakeholder Engagement

• Liaise with internal teams, external clients, and local custodians to ensure smooth settlement processes.
• Manage funding for trade settlements and support ETF creation/redemption workflows.

Requirements:

• At least 2 years of experience in Banking or Financial Services, ideally supporting settlement or custody operations.
• Strong understanding of financial markets and front-to-back trade lifecycle, including custody services.
• Highly quantitative, analytical, and proactive; able to work under pressure and meet tight deadlines.
• Strong control mindset with an understanding of operational risk and error impact.
• Attention to detail and ability to process tasks with high accuracy.
• Proficient in Microsoft Office, particularly Excel.
• Business-level English (written & spoken).
• Self-motivated and able to work independently

Preferred Skills:

• Ability to bring new ideas, drive innovation, and challenge status quo for process improvements.
• Comfortable working with diverse viewpoints and collaborating to identify optimal solutions.
• Strong client engagement skills with a continuous learning mindset.
• Commitment to AI tools, technology, and modern ways of working within operations teams.
• Commitment to advancing tools, technology, and modern ways of working within operations teams.
• Belief in the value of diversity when serving a global client base.

We regret to inform that only shortlisted candidates will be notified.

EA Reference: R25150511 Cammy Li Xin Hui
Allegis Group Singapore Pte Ltd, Company Reg No. 200909448N, EA License No. 10C4544