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xThis section contains all our operations jobs in financial services firms.
Unlike the people working in the front office of an investment bank, fund manager, or alternative investment house, operational finance professionals don't liaise with clients to generate revenues and profits for the bank. Instead, the operations division is a support function - operations professionals support people and deal flows in the front office to make sure everything works smoothly and the bank gets paid.
The main business of an operations job is clearing and settling trades. Clearing trades involves making sure that the records one bank has kept of the sale of a financial security match those of the bank or organisation it sold the security to. In most cases, simple trades are cleared automatically through huge electronic systems such as the Brussels-based Euroclear.
Settlements professionals ensure that stocks or shares bought and sold by the bank's traders are exchanged for the correct amount of money. A settlements job is essentially a processing and controlling position. It involves matching instructions with counterparties, and arranging and monitoring payments.
Settlements covers everything from preparing the documentation required for a sale to making sure the bank has been paid for all the shares it has sold and bought. Settlements professionals also resolve any problems with counterparties if they arise, and they review unsettled trades to ensure timely completion. Many jobs require knowledge of systems such as CCASS, DCCASS and SWIFT, and Euroclear/Clearstream.
With financial services operations increasingly automated, most operations sector jobs involve intervening when electronic systems fail (so-called 'exceptions'), or devising new ways of making technology systems and operations processes work more efficiently.
Clearing and settlements junior staff spend a lot of time dealing with the exceptions. Their role is to work out what went wrong. A large proportion of simple clearing and settlements work takes place in low cost centres such as Mumbai or the Philippines.
Closer to the trading floor is the role of the trade support officer. This can cover a whole range of different asset classes, from equities and bonds to commodities or derivatives. Trade support officers deal with any queries a trader might have - everything from reconciliation issues to any discrepancies between the various counterparties involved in the trades.
Advanced operations jobs higher up the hierarchy are more strategic in nature. Operations departments employ a lot of project managers and business analysts who look at, for example, ways of streamlining the exceptions process, or working with off-shored teams to determine how to make processes work more efficiently and (further) reduce costs.
It's not only banks that employ settlements staff - hedge funds settlements professionals, for example, ensure trades are booked and reported to the prime broker/custodian.
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| Markets Operations Officer - 12 month opportunity | ANZ Competitive | Hong Kong SAR | 20 Jun 13 |
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See job description for details
| ASSISTANT MANAGER/MANAGER - BUSINESS ANALYTICS - MIS | Hays Negotiable | Hong Kong SAR | 20 Jun 13 |
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EXPERIENCED IN UNSECURED LENDING
| Chief Operating Officer | Global Associates Negotiable | Hong Kong SAR | 19 Jun 13 |
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10 years as regional head of HR
| Administrative Assistant / Team Secretary, Private Bank | JPMorgan Chase Not Specified | Hong Kong SAR | 19 Jun 13 |
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J.P. Morgan Private Banking - Administrative Assistant ...
| Investment Compliance & Valuation Specialist, Asset Managment Middle Office | JPMorgan Chase Not Specified | Hong Kong SAR | 19 Jun 13 |
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JPMorgan Asset Management is a leading asset manager of choice for institutions, financial intermediaries and...
| Senior Analyst, Service & Operations | Coutts & Co. Ltd Competitive | Hong Kong SAR | 19 Jun 13 |
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Coutts Asia is a dynamic and progressive private bank, bringing together three centuries of international priv...
| Service & Operations | Coutts & Co. Ltd Competitive | Hong Kong SAR | 19 Jun 13 |
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Coutts Asia is a dynamic and progressive private bank, bringing together three centuries of international priv...
| Manager, Client Account Services | Coutts & Co. Ltd Competitive | Hong Kong SAR | 19 Jun 13 |
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Coutts Asia is a dynamic and progressive private bank, bringing together three centuries of international priv...
| Director Equity Derivatives Product Control | Sovereign Search Excellent | Hong Kong SAR | 19 Jun 13 |
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An outstanding opportunity exists within this leading Investment Bank. To facilitate and drive continued growt...
| AVP - Credit Derivatives Client Services | Sovereign Search Competitive | Hong Kong SAR | 19 Jun 13 |
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Excellent opportunity to join a great bank in a stable and well established Credit & Rates middle office team.
| Asset & Wealth Management - Private Wealth Management - Account Documentation Officer (Associate) | Deutsche Bank HK Competitive | Hong Kong SAR | 19 Jun 13 |
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Prviate Wealth Management is seeking for an Account Documentation Officer at Associate level with minimum of 3...
| Middle Office Change Management Associate (Ref.no MOCMA/AT190613) | Charterhouse Partnership Singapore Excellent | Hong Kong SAR | 19 Jun 13 |
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• Business Analyst / Project Manager / Change Manager • Middle to Back Office process for Equities desk • 3-7 ...
| Associate Director - Sourcing (Ref: ADS/DK110613) | Charterhouse Partnership Singapore Excellent salary to the right candidate | Hong Kong SAR | 19 Jun 13 |
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• Leading global financial services firm • Newly created position with opportunity to partner and work closel...
| International Records Management Programme Manager – VP | BNY Mellon APAC up to HKD 50-70k a month | Hong Kong SAR | 19 Jun 13 |
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Responsible for ensuring all International Records Management Programme (APAC) work streams are planned and de...
| Ops HK, Asia Branch Ops Projects, Senior Ops Specialist, Director | Morgan Stanley Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Ops HK, Cash Equities Projects, Ops Specialist, Associate | Morgan Stanley Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Hong Kong - Head of Sourcing and Relationship Management | Macquarie Competitive | Hong Kong SAR | 18 Jun 13 |
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We are currently seeking a Head of Sourcing and Relationship Management in Hong Kong.
| Customer Service Officer | ANZ Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Credit Approval Senior Officer | ANZ Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Manager, Equities Business Support | ANZ Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Lending Processing Senior Officer | ANZ Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Assistant County Asset Manager | ANZ Competitive | Hong Kong SAR | 18 Jun 13 |
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See job description for details
| Executive Director, Credit Risk Management (Global Commodities) | Hays Negotiable | Hong Kong SAR | 18 Jun 13 |
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STRONG EXPERIENCE IN COMMODITIES AND RISK MANAGEMENT
| CHIEF OPERATING OFFICER | Not Disclosed Competitive | Hong Kong SAR | 18 Jun 13 |
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Our client, a wholly owned subsidiary of a China based banking group which provides integrated investment bank...
| Vice President - Channel Operations | Randstad Hong Kong Very Competitive | Hong Kong SAR | 18 Jun 13 |
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One of the Regional Leading Financial Institution is looking for an experienced team leader to join their rapi...
| Loan Administration Officer | BBVA Competitive | Hong Kong SAR | 18 Jun 13 |
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To ensure effective and correct day to day support.
| Analyst / AVP Eq Deriv. Trading Assistant | Talent2 Hong Kong Competitive | Hong Kong SAR | 18 Jun 13 |
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A top tier investment bank is looking for an ambitious and motivated candidate to join their rapidly growing t...
| Credit Approval Manager | Talent2 Hong Kong Attractive | Hong Kong SAR | 18 Jun 13 |
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A leading international bank is looking for a Credit Approval Manager.
| Client Services Manager | Talent2 Hong Kong Attractive | Hong Kong SAR | 18 Jun 13 |
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Our client is a leading asset management service company that offers a wide range of funds to investors and cu...
| Corporate Actions Specialist | Talent2 Hong Kong Attractive | Hong Kong SAR | 18 Jun 13 |
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A leading bank is currently seeking an experienced professional to join this dedicated team in the role of Pri...