Senior Vice President – FIC & OTC Clearing Risk

  • Negotiable
  • Hong Kong
  • Festanstellung, Vollzeit
  • Hong Kong Exchanges and Clearing Limited
  • 16 Nov 17 2017-11-16

The successful incumbent will be responsible for the direction, leadership and management of the OTC Clearing Risk Management Department.

​Responsbilities:

  • To drive jointly with OTC Clearing Operations Head the development and implementation of the OTC Clearing project
  • To manage the OTC Clearing Risk Management Department and oversee its day-to-day operation and administration
  • To continuously enhance the risk management policies and framework for OTC Clearing to cope with developing business needs and changing regulatory requirements.  This include, among others, the margining methodology, collateral management, default management, liquidity management and counterparty risk management
  • To liaise with relevant authorities on regulatory issues
  • To liaise with market practitioners, Clearing Members, and overseas and mainland clearing houses on OTC clearing risk management related issues
  • To assess, evaluate and optimize the business and operational models with respect to OTC Clearing Risk Management Department

 

Requirements:

  • University degree or equivalent; preferably in Risk Management/Business/ Finance/ Economics/Accounting or a related subject
  • At least 10 years’ relevant experience, of which at least 6 years at a management level with proven risk management experience on OTC products, in particular rates and FX
  • Sound knowledge of the International, Hong Kong and Mainland market best practices and development associated with the risk management measures on clearing and settlement of OTC derivatives products, and industry standards applicable to CCPs on clearing OTC derivatives, such as CPMI-IOSCO Recommendations and ISDA Protocols
  • Well versed in rules and procedures of clearing houses, exchanges and clearing platforms used by overseas OTC CCP
  • Excellent managerial, analytical, strategic thinking, networking, interpersonal and communication skills
  • Good command of written and spoken English and Chinese. Proficiency in Putonghua an advantage