Settlement Manager with RO 1 (with CVAP exam qualification is an advantage)

Key Responsibilities

Act as the Type 1 Responsible Officer for the firm, ensuring regulatory compliance and proper governance for relevant regulated activities.

Oversee settlement operations end-to-end, including (as applicable):

Trade settlement workflow and monitoring

Reconciliation and exception handling

Confirmation and settlement instruction processes

Corporate actions and position updates (if relevant to settlement scope)

Ensure adherence to HKSI / SFC / internal policies, procedures, and controls relating to settlement and operational risk.

Ensure timely and accurate reporting to internal stakeholders and regulators where required.

Maintain and update compliance documentation, including:

Policies and procedures

Audit trails and evidence of control testing

Standard operating procedures (SOPs) for settlement activities

Coordinate with internal teams (Operations, Compliance, Risk, IT, and Finance) to address settlement risks, breaches, and control gaps.

Conduct internal reviews and support investigations related to settlement errors, late settlement, fails, and customer/order issues (as applicable).

Support regulatory inspections, audits, and compliance assessments.

Provide guidance and oversight to relevant staff on settlement best practices and compliance requirements.

Fulfill HKSI Type 1 RO responsibilities, including demonstrating readiness for and completion/qualification with the CVAP exam (per firm requirement).

Required Qualifications & Experience

HKSI Type 1 Responsible Officer qualification (or eligibility to assume Type 1 RO status), including CVAP exam qualification as required by the hiring firm.

In-depth understanding of:

Securities settlement lifecycle and reconciliation processes

Settlement controls and operational risk management

Regulatory/compliance expectations for settlement operations in Hong Kong

Strong working knowledge of internal controls, audit readiness, and incident/breach handling.

Proficiency with settlement systems/tools and reconciliation practices (specific systems can be listed if known).

Interested parties, please send your resume to charlotte.mou@manpowergrc.hk