Assistant Vice President of OTC Derivatives

1 month ago


Hong Kong, Central and Western District, Hong Kong SAR China Hong Kong Exchanges and Clearing Limited Full time
Company Overview:

Hong Kong Exchanges and Clearing Limited (HKEX) is a leading exchange group that connects and promotes the growth of Asia's capital markets. Our purpose is to provide a platform for companies to raise capital, and for investors to access opportunities. We strive to be a trusted and innovative partner for our customers, and to contribute to the long-term development of our markets and the communities they support.

Job Summary:
OTC Clearing Hong Kong Limited (OTC Clear) is a central counterparty established by HKEX to provide clearing and settlement services for OTC derivative transactions. The successful applicant will join OTC Clear Product Development within the Markets division, and will be responsible for developing new product initiatives and executing strategic plans in OTC Clear.

Key Responsibilities:
  • Collaborate with teams to achieve business objectives and execute departmental strategy and new business initiatives.
  • Formulate and write up business proposals on new products and clearing services.
  • Act as an internal product expert working closely with Risk Management, Operations, and internal technology teams to design and implement new products and clearing services.
  • Manage IT development schedules to ensure functional requirements are met and provide a workable solution.
  • Work with Operations, Risk Management, Legal, and Regulatory Compliance to draft or amend clearing rules and procedures, and obtain regulatory approval before product launch.
  • Participate in various working groups to ensure clearing members understand operating models and process designs, and are fully supported through training and testing.
Requirements:
  • University degree holder preferably in Finance or other related subjects.
  • At least 5-10 years' relevant industry experience.
  • Strong business analysis skills.
  • Demonstrable project planning and management skills through delivery examples.
  • A self-starter, team player, and good communicator with sound judgment and good problem-solving skills.
  • Fluent in Chinese and English, both written and verbal.
  • Background in OTC derivatives and Fixed Income & Currencies.
  • Ideally experience across trade lifecycle for OTC products and OTC Clearing.
Location:
HKEX - Exchange Square

Shift:
Standard - 40 Hours (Hong Kong SAR)

Scheduled Weekly Hours:
40

Worker Type:
Permanent

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