General information

Job description

Business type

Types of Jobs - Operations

Job summary

.. This position will be under the Employee Referral Program in Hong Kong.

Summary

Within, Operations, Premises & Country COOs (OPC) based in Hong Kong, Capital Market Operations (CMO) teams are responsible to process the transaction activities for Credit, Rates, FX/MM, Securities and Equities for multiple geographies (APAC and EMEA).

Capital Market Middle Office team in HK is around 40 staffs and 6 sub-teams:

MO Sales and Collateral, Client Services: In charge of deals originated by Sales including Trade validation, allocations, MTM reporting and collateral management
MO IRD/ EIS: In charge of Interest Rate and Equity Derivatives
MO FX/MM/ Credit: In charge of Foreign Exchange, Money Market and Credits
MO Post Trade: In charge of the processing activities from FO systems to BO systems
MO Reconciliation: In charge of the various reconciliation (FO-BO FO-FO,…)
MDA: In charge of Market Data activities

This role is within the Capital Markets Middle Office Collateral and Client reporting teams supporting the Global Markets business.

Key Responsibilities

Collateral and MTM client Management:

Manage the Margin calls for OTC Derivatives, REPO, Equity Finance Bilateral and Tri-party
Notification, confirmation and settlement
Reconciliation and disputes
Follow-up on unusual counterparties behaviour and margin call discrepancies
Contracts setup and liaison with the various teams involved setup in the systems
Co-ordinate with Front Office, Risk and other concerned departments to setup client desk and issue Mark-to-Market statements to clients
Perform daily controls
Assist the Line manager in supervising the day-to-day activities
Follow-up on query from clients
Assist in system enhancement, UAT testing, New product onboarding for Collateral mgt process
Handle Audit confirmation for capital market transactions booked in HK
Participation in the drafting and/or updating of operational procedures
Manage operational risk with a duty to alert Management

Supplementary Information

In accordance with the Mandatory Reference Checking (MRC) Scheme implemented by the Hong Kong Monetary Authority (HKMA), a successful candidate for an In-Scope Position who has held a position with an In-Scope Institution in the past 7 years will be subject to a mandatory reference check. For more details, please refer to .

Personal data provided by job applicants will be used strictly in accordance with the employer's personal data policies, a copy of which will be provided immediately upon request.

La version française est disponible sur demande votre RH locale

Position location

Geographical area

Asia, Hong Kong

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

University Degree holder from discipline in Finance, Mathematics or Engineering

Experience

Minimum 2-5 years experience in Collateral Management, MTM reporting activities

Required skills

Good analytical, organizational and interpersonal skill
Comfortable with multi-tasking and able to work independently with minimal supervision
Strong attention to details and a self-starter who is highly motivated
Good judgement, alertness and common sense

Technical skills required

Good knowledge of financial products and understanding of the operational risks involved in OTC Derivatives, Repo's, Equity Finance Bilateral and Tri-party, MTM, Collateral management process
Versatile with PC tools and applications, e.g. MS Office, VBA

Languages

Fluency in English. Proficient in French or other Asian languages a definite advantage

Analyst – Collateral and Client reporting management Middle Office **