Associate Director (China Desk Operations and Development)

The Hong Kong Monetary Authority (HKMA) is charged with the responsibility for maintaining the stability and integrity of the monetary and financial systems of Hong Kong.

CMU OmniClear Limited (CMU OmniClear) is a wholly owned subsidiary of the Exchange Fund.  It carries out the operation and business development activities of the Central Moneymarkets Unit (CMU) on behalf of the HKMA.  As part of the critical financial infrastructure in Hong Kong, CMU is a central securities depository (CSD), providing secure and efficient clearing, settlement and custodian services for securities.  CMU OmniClear’s vision is to continuously enhance CMU service coverage, expand connectivity with other markets and upgrade the CMU infrastructure to provide market participants with comprehensive and quality services.

We now invite eligible candidates to join our dynamic and inclusive company for the exciting opportunity below :

Associate Director (China Desk Operations and Development)

Key Responsibilities

• Lead and coordinate daily operations of the CMU, with a focus on Bond Connect and collateral management
• Monitor and analyze developments on repo and collateral markets. Develop implementation arrangements for the CMU's initiatives and system enhancements related to Bond Connect and collateral management services
• Support continuous operation improvement initiatives by collaborating with relevant internal and external stakeholders to prepare action plans
• Review and assist in updating the CMU’s documentation, including operational procedures, contingency plans, and the PFMI Disclosure Framework, as needed
• Participate in industry events on behalf of CMU OmniClear

Requirements

Candidates with less experience may be considered for an offer of appointment at Senior Associate level.)

Conditions of service

How to apply :

You may submit an application via one of the following channels :

Send in the hard copy application form (available either at the HKMA’s reception counter or website https : / / www.hkma.gov.hk ) to :

Recruitment Officer

Hong Kong Monetary Authority

55 / F., Two International Finance Centre

8 Finance Street, Central, Hong Kong

Copies of transcripts together with a full resumé including details of past experience should be attached to the application.  Please mark your  correspondence address and the position applied  for on the envelope.

Completed application should reach the HKMA, via the designated submission channel, by  24 May 2025.   Applicants may wish to submit their applications in advance of the deadline to allow for any unexpected delays, e.g. with internet traffic, including file size restrictions and system maintenance downtime.  Those not contacted by the CMU OmniClear within three months  from the closing date for applications should consider their applications filed for future reference.

CMU OmniClear is an equal opportunities employer and welcomes application from all qualified candidates.  All information provided will be handled strictly in accordance with our personal data policy, a copy of which will be provided upon request.  You may contact the Recruitment Officer at the above address.

The Online Application System is scheduled to perform regular system maintenance from Hong Kong time 6 : 00 a.m. to 8 : 00 a.m. every Wednesday.  During this time, online application will not be available.

Learn more about the business of CMU OmniClear : www.CMUOmniClear.com .