Job description
Business type
Types of Jobs - Operations
Job title
Associate – Collateral and Client reporting management Middle Office
Contract type
Permanent Contract
Expected start date
01 / 08 / 2025
Management position
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). There are 2 teams under CMO HK in charge of :
Capital Market Middle Office (CMM)Capital Market Back Office (CMB)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 managementMO IRD / EIS : In charge of Interest Rate and Equity Derivatives.MO FX / MM / Credit : In charge of Foreign Exchange, Money Market and CreditsMO Post Trade : In charge of the processing activities from FO systems to BO systemsMO Reconciliation : In charge of the various reconciliation (FO-BO; FO-FO,…)MDA : In charge of Market Data activitiesThis 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; Notification, confirmation and settlement; Reconciliation and disputesFollow-up on unusual counterparties behaviour and margin call discrepanciesContracts setup and liaison with the various teams involved, setup in the systemsCo-ordinate with Front Office, Risk and other concerned departments to setup client desk and issue Mark-to-Market statements to clientsPerform daily controlsAssist the Line manager in supervising the day-to-day activitiesFollow-up on query from clientsAssist in system enhancement, UAT testing, New product onboarding for Collateral mgt process.Handle Audit confirmation for capital market transactions booked in HKParticipation 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
Supplementary Information
Communication
Key Internal Contacts : Front-Office, Middle-Office, Back Office,Compliance, Risk & Permanent Control, MAM and IT support teams globallyKey External Contacts : Interbank clients, Corporate clients, auditorsSystems Used
Internal : GV Collat, MtM Client, Calypso, Calypso Bond, Orchestrade, APEXExternal : MS Office, Reuters, Bloomberg, AcadiaPosition location
Geographical area
Asia, Hong Kong
City
HONG KONG
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Degree preferably in a Finance, Mathematics or Engineering
Level of minimal experience
6-10 years
Experience
Minimum 6-8 years’ experience in Collateral Management, MTM reporting activitiesExperience in Collateral Management, MTM Client reporting is mustRequired skills
Good analytical, organizational and interpersonal skillComfortable 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 senseTechnical skills required
Good knowledge of financial products and understanding of the operational risks involved in OTC Derivatives, Repo’s, MTM, Collateral management processGood understanding in financial products and the operational risks involved in FIM productsmarket knowledgeVersatile with PC tools and applications, e.g. MS Office, VBALanguages
Fluency in English. Proficient in French or other Asian languages a definite advantage
