Senior Associate, Securities Clearing Operations

About the role

LCH Ltd's Securities Clearing Operations team, part of the wider LCH Ltd Operations function, ensures that trades are accurately registered, netted, instructed and settled within agreed timeframes, supporting the RepoClear and EquityClear services. Based in Manila, you will work with members, agents, CSDs and ICSDs to support timely settlement, accurate reconciliation and smooth day-to-day operations.

Key responsibilities

• Manage daily operations so trades are correctly registered, netted and settled on time, completing checklists accurately and consistently.
• Monitor and process corporate actions for cash equities, protecting LCH from risk while meeting delivery and settlement obligations.
• Oversee settlement positions across LCH markets, investigate issues or delays and resolve them in line with internal and external policies.
• Communicate with Clearing Members, provide timely updates and guidance, and respond to queries by phone or email.
• Work with CSDs, ICSDs, settlement agents and external service providers to resolve operational concerns, and log, own and escalate incidents.
• Maintain strong knowledge of RepoClear and EquityClear products, from trade registration to settlement, and build relationships with Clearing Members, especially those in EquityClear.
• Reconcile nostro and depot accounts daily, ensure correct funding decisions, avoid overdraft charges and resolve breaks quickly.
• Maintain static data on the clearing platform, follow internal procedures, support operational controls and risk management, and take part in Internal Audit reviews when required.
• Follow security policies, business continuity procedures and SLAs, monitor Clearing Member performance, and recommend improvements.

Required profile

• Bachelor's degree in Finance, Economics, Accounting, Business Administration or an equivalent field.
• Experience in back-office operations, settlements, Corporate Actions or a similar environment (beneficial).
• Excellent written and verbal communication skills, ability to work independently and in a team, and a proactive approach to learning.

Required skills

• Solid Excel skills (must-have).
• Experience with analytical or reporting tools such as Power BI (nice to have).
• Working knowledge of CSD/ICSD processes and systems (preferred).
• Familiarity with SWIFT messaging (advantageous).