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Vice President, Treasury Settlement
Location: Hong Kong
-Supervise and manage the Fixed Incomes and Derivatives team of about 5 to 6 subordinates; provide staff coaching and performance evaluation.
-Oversee and manage the day-to-day operations for back-office processing, life-cycle events and settlements of securities and derivative transactions as well as provide back-up support for FX & MM where necessary.
-Ensure the completeness and correctness of the back-office operations are 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 payments, Euroclear / Clearstream and CMU instructions within the delegated authority.
-Conduct and prepare management reports, regulatory and compliance reports for Treasury related business to fulfil 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.
-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 of those changes. Lead and drive system changes / enhancement to accommodate such changes wher
-Degree holder or above with good business acumen.
-At least 10 years of relevant work experience with strong knowledge product knowledge in Fixed Incomes and Derivative of FX, Interest Rates, & Equity, with minimum 5 years at supervisory / managerial level.
-Good knowledge of market best practice and familiar with the Settlement & Confirmation process of Treasury Products and OTC Derivatives, 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 business.
-Capable to lead, drive and deliver projects relating to Settlements, Confirmations and Regulatory requirements for Treasury Products and OTC Derivative.
-Detail-oriented, numerical and careful, presentable, professional, and a team player.
-Strong drive and commitment, hardworking, excellent ability in problem solving, perform under pressure and deliver on schedule.
-Ability to quickly learn and adapt to new 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)|