- Internal Control
- Microsoft Excel
- Operational Risk
- OTC Structured Products
- Process Improvement
- Team Management
First Vice President / VP, Treasury Settlement
Location: Hong Kong
-Supervise and manage a team of 6 to 7 subordinates; provide staff coaching and performance evaluation.
-Oversee and manage the day-to-day operations of back-office processing, life-cycle events, clearing and settlements of Treasury Products including but not limit to FX, MM, Fixed Incomes, Repo / Reverse Repo, and OTC Derivatives.
-Ensure the completeness and correctness of the back-office operations processes comply with HKMA/Regulatory standards and internal approved P&P
-Participate and liaise with various internal / external stakeholders / partners for the launch of new products / new business; resolving any operational, settlement and system issues where applicable.
-Supervise and manage SWIFT / RTGS / PVP payments, Central Clearing with Clearing Agents / CCPs, Euroclear / Clearstream and CMU instructions within the delegated authority.
-Review management reports, regulatory and compliance reports for Treasury related business produced by team members to ensure correctness and comply with regulatory and compliance requirements.
-Participate and take lead in various projects relating to Treasury Settlement, provide user requirements, and conduct UAT where applicable, undertake any other ad hoc projects as assigned.
-Design and provide training on new workflows and procedures to team members for new products / business as well as new system functionalities.
-Formulate and review operational policies & procedures, ensure enforcement and adherence to the bank� guidelines and regulatory requirement.
-Handle the implementation of new and revised procedures, systems to drive process improvement and operational efficiency.
-Establish and implement proper internal controls and procedures for managing operational risks; and prepare operational risks control reports for management review.
-Keep abreast of market and regulatory changes such as HKTR Trade Reporting, Central Clearing, Margining Rules for non-centrally cleared derivatives etc., and ensure staff are aware
-Degree holder or above with good business acumen.
-At least 15 years of relevant working experience with strong product knowledge; regulatory requirements and guidelines in Treasury & OTC Derivatives Products; and with a minimum of 5 years at deputy Team Head / Team Head level.
-Good knowledge of market best practice and familiar with the Settlement & Confirmation process of Treasury and OTC Derivatives Products, including experience in SWIFT, RTGS, Euroclear / Clearstream, and CMU.
-Familiar with ISDA definitions and ISDA confirmations framework, HKTR Trade Reporting, Central Clearing, and other regulatory and compliance requirements for Treasury and OTC Derivatives business.
-Capable to lead, drive and deliver projects relating to Settlements, Confirmations and Regulatory requirements for Treasury and OTC Derivative Products.
-Detail-oriented, numerical and careful, presentable, professional, and a team player.
-Strong drive and commitment, hardworking, excellent ability in problem solving, able to perform under pressure and deliver on schedule.
-Ability to quickly take on duties / responsibilities and adapt to new working culture, environment / platforms for the business as required.
-Good command of written and spoken English, Chinese and Putonghua.
-Good leadership, communication & interpersonal skills to cultivate and build a strong team; able to negotiate, persuade, & influence for desirable results.
-Good knowledge in PC application (Words & Excel).
|Career Level||Lead (more than 10 years)|