**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). There are 2 teams under CMO HK in charge of:

• Capital Market Middle Office (CMM):
  • Transaction validation & controls
  • Trade Capture, Amendments and Events management
  • Deal allocations
  • FOBO/FOFO Reconciliation and resolution of breaks
  • Market data creation
  • Liaising with Trading and Sales teams and BO query management
  • Collateral Management - Liaising with external clients for Margin calls and MTM reports and solve any query
  • Coordination of the New Activity and Product (NAP) files for CMO launched by the Business Lines

• Capital Market Back Office (CMB):
  • Ensuring in liaison with Business Lines and Middle Office teams a smooth transaction integration within the Back Office systems
  • Liaising with external clients for Confirmation and Settlements and solve any query
  • Ensuring cut offs are met for payments
  • Meeting our regulatory requirement sin terms of timely confirmation
  • Client static data and Settlement Instruction creation
  • Funding projection in liaison with multiple Treasury desks
  • Regulatory reporting for several regulators
  • Coordination of the New Activity and Product (NAP) files for CMO launched by the Business Lines
  • Nostro reconciliation
  • KPI’s production and operational risk mitigation implementation

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

Key Responsibilities
 

Collateral and MTM client Management:

• Manage the Margin calls
• 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.

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 à votre RH locale

• University Degree holder from discipline in Finance, Mathematics or Engineering

• Minimum 4-6 years’ experience in Collateral Management, MTM reporting activities

• Good knowledge of financial products and understanding of the operational risks involved in OTC Derivatives, Repo’s, MTM, Collateral management process
• 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
• Motivated
• Good communicator
• Creative
• Innovative
• Team Oriented

• Versatile with PC tools and applications, e.g. MS Office, VBA
• IT literate
• Mathematically minded
• Market knowledge