Summary / TL;DR
Job Responsibilities Manage the daily clearing and settlement of traditional U.S. equities transactions under T+1 and T+2 settlement cycles, ensuring that trades, securities deliveries, and fund transfers are completed accurately and on time. Process a broad range of corporate actions involving U.S. equities, including but not limited to: Stock splits and reverse stock splits Cash dividends and stock dividends Record-date and ex-date processing Mergers and acquisitions, redemptions, warrants, spin-offs, and other corporate events Monitor and resolve reconciliation discrepancies, failed trades, interest charges, penalties, and other settlement-related matters involving brokers and clearing organizations such as DTCC and NSCC. Coordinate with external custodian banks, clearing institutions, brokers, and other partners to resolve issues arising throughout the settlement process. Develop and optimize U.S. equities settlement SOPs, risk-control processes, and system configurations to ensure compliant and efficient operations. Produce daily settlement reports and reconciliation statements, providing management with accurate cash-position and risk data. Support audits, regulatory inspections, and internal risk-control reviews by providing relevant settlement records and data. Continuously monitor changes to U.S. capital-market rules and requirements issued by regulatory bodies and exchanges, including the SEC, FINRA, and NYSE, and update internal procedures and processing logic accordingly. Job Requirements: Essential Qualifications Bachelor’s degree or above, preferably in finance, accounting, financial management, or a related field. At least three years of experience in U.S. equities settlement or corporate-actions processing at a traditional securities firm, brokerage, custodian bank, or clearing institution. In-depth knowledge of U.S. equities settlement processes, DTCC rules, and corporate-actions processing standards. Strong command of the complete operational and accounting processes for stock splits, dividend distributions, and shareholder-entitlement events. Strong written and reading proficiency in English, with the ability to interpret regulatory documents and broker notifications. A strong sense of responsibility, exceptional attention to detail, and the ability to perform effectively under pressure. Preferred Qualifications Relevant financial licences or professional qualifications in Singapore, Hong Kong, or the United States, such as the SIE, Series 7, or local settlement-related certifications. Settlement experience at a cryptocurrency exchange or multi-asset trading platform covering both equities and digital assets. Familiarity with settlement systems such as Broadridge, FIS, or Calypso, or experience optimizing or implementing settlement systems. Professional fluency in both English and Chinese.
