Senior Settlement Officer

About BIT: BIT (formerly Matrixport) is a global digital asset financial services and infrastructure group. Headquartered in Singapore and founded in 2019, BIT bridges traditional finance and digital assets through governance-driven financial services and technology. The firm manages over US$7 billion in assets and facilitates more than US$7 billion in monthly trading volume. BIT offers services including custody, trading, asset and wealth management, liquidity and financing solutions, and tokenised real-world assets (RWA), serving institutional and professional investors globally. BIT Group entities maintain a licensed and regulated footprint across Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan. For more information, visit www.bit.com Why Join Us: At BIT, we tackle complex problems as a team. We encourage openness and promote transparency, respect, and inclusivity. Every team member is valued and has a voice that can be heard. We are always in search of intellectually curious and entrepreneurial individuals who are keen on making an impact in the crypto ecosystem and in building a better product for the next one billion users. Job Responsibilities: • Process daily clearing and settlement for US equity options, including handling exercise, expiration, and exception events. • Handle settlement for margin accounts and securities lending/borrowing transactions, including interest reconciliation and margin call coordination. • Manage Free of Payment (FOP) account transfers, tracking progress and liaising with clients and counterparty brokers to ensure timely completion. • Process US equity corporate action events including dividends, stock splits, rights issues, and mergers, ensuring accurate client entitlement allocation. • Execute daily end-of-day procedures for the clearing system, reconciling positions and cash balances to ensure data integrity before market open. • Independently identify and investigate settlement exceptions; proactively drive SOP updates and workflow improvements to reduce operational risk. • Collaborate closely with Client Services, Compliance, Risk, and Technology teams to support product launches, regulatory reporting, and ad hoc projects. Job Requirements: • 3+ years of experience in US equities clearing and settlement; familiar with DTC / NSCC / OCC clearing frameworks. • Solid knowledge of settlement processes for US equity options and margin/securities lending products. • Hands-on experience handling FOP transfers and corporate actions independently. • Strong analytical skills with the ability to independently investigate and resolve settlement exceptions. • Good bilingual communication skills (English & Chinese); ability to liaise effectively with overseas custodians and partners. • Detail-oriented and accurate under time pressure; comfortable working across time zones. Preferred: • Background in an online broker or fintech company. • Experience writing SOPs or delivering process improvement initiatives. • Proficiency in SQL or Excel for independent reconciliation and data analysis. By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Policy. <https://www.bit.com/privacy-candidate>