Manage daily clearing and settlement activities for exchange-traded derivatives, including contract delivery, cash settlement, FX delivery, option exercise and assignment. Reconcile trades, positions and cash flows; resolve discrepancies; maintain client and contract static data; manage regulatory compliance and reporting; and coordinate with trading, risk, compliance and operations teams. The role also supports process improvements and operational risk reduction.
Key Areas of Responsibilities
Requirements
- Manage clearing deadlines and ensure trades are processed in a timely manner, taking into account regulatory, client, and company requirements.
- Execute daily settlement activities for exchange-traded derivatives, ensuring the timely and accurate settlement of trades. Manage the contract delivery process, including cash settlement, FX delivery, and option exercise/assignment.
- Perform daily reconciliations of trades, positions, and cash flows, investigating and resolving any discrepancies or exceptions.
- Maintain static data within internal systems, including client account openings/closures, contract setup, and fee/commission rate updates.
- Ensure all settlement activities comply with local regulatory requirements, particularly those of MAS and SGX.
- Identify opportunities to improve settlement processes and systems, contributing to increased efficiency and reduced operational risk.
- Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
- Work closely with trading, risk, compliance, and other operational teams to ensure smooth end-to-end processing of trades.
Requirements
- Bachelor's degree or above in finance, accounting, or a related field
- Minimum 5 years of experience in the futures industry, including clearing & settlements, reconciliation, regulatory reporting, and client margin control.
- Familiarity with SGX CW2, ION XTP, and XTP Clearing systems (preferred).
- Strong knowledge of MAS and SGX regulatory requirements.
- Proven ability to manage settlement processes, including cash settlement, FX delivery, and option exercise/assignment.
- Enthusiastic, motivated, and able to work independently and as part of a team.
- Excellent command of / fluent in both spoken and written English and Chinese to communicate with stakeholders in Greater China.
Stay informed on CITIC CLSA Job Opportunities
Not the right fit? You can create a job alert to receive our latest job openings that meet your interest.
Similar Jobs
Fintech • Mobile • Payments • Software • Financial Services
Coordinate APAC safeguarding controls across payments, e-money, and investment businesses. Responsibilities include maintaining risk and controls matrices, coordinating control attestations and assurance, resolving reconciliation discrepancies, managing incidents, preparing MAS regulatory reports, coordinating audits, and documenting internal control environments. The role also supports compliant product launches, regulatory change programs, and collaboration with engineering and global safeguarding teams.
Top Skills:
CassCmapMasPayments Services Act (Psa)
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Provides controllership support for cash grant claims, month-end closing, quarterly corporate reporting, indirect tax filings, rebates, incentives, and ad hoc projects. Coordinates with regional controllers, legal entities, external service providers, and cross-functional teams. Maintains accurate, timely reporting while applying US GAAP and IFRS principles and managing sensitive financial information.
Top Skills:
AdiHyperionIfrsMicrosoft AccessExcelOracle FinancialsUs Gaap
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Analyzes payment fraud attacks across Asia Pacific, supports investigations and incident response, identifies attack patterns and control gaps, and develops fraud intelligence reports and remediation recommendations. The role partners with customers, product teams, standards teams, and regional stakeholders to improve fraud controls, card security standards, authentication requirements, and network protections. It also contributes to fraud governance, threat intelligence repositories, risk prioritization, and executive communications.
What you need to know about the Singapore Tech Scene
The digital revolution has driven a constant demand for tech professionals across industries like software development, data analytics and cybersecurity. In Singapore, one of the largest cities in Southeast Asia, the demand for tech talent is so high that the government continues to invest millions into programs designed to develop a talent pipeline directly from universities while also scaling efforts in pre-employment training and mid-career upskilling to expand and elevate its workforce.
