Operations Management – Collateral Management – VP

huatai financial hong kong

📍 hong kong hong kong sar china🕐 3mo ago🔗 workday

Job Description

**About Us:** Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by: a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions); b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China; c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions. Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term). _**Job Description:**_ * Manage a team of 3 FTE and run end-of-day and intraday margin calculations under ISDA/CSA, GMRA, GMSLA, CCP rulebooks * Issue and respond to margin calls within agreed deadlines; follow up on outstanding calls.  * Instruct collateral movements and confirm receipt/release with counterparties and custodians.  * Reconcile collateral positions and clear breaks before market open. * Participate in New Product Approval (NPA) internal discussion forum as collateral management representative, assess impact on new product/market; Integrate new process to ensure efficiency and controlled workflow is in place to support the collateral management on new products/market roll out. * Supervise team members or direct participate in UAT margin models, workflow queues and reporting templates; sign off before go-live.  * Monitor uncollateralized exposures, failed delivery counts and segregation breaches; escalate breaches immediately. Prepare daily MI for senior management * Compile regulatory returns on collateral quality, concentration and re-hypothecation. * Identify manual touch-points; Take the lead to optimize E2E collateral management processing. _**Qualifications:**_ * 10 years + of experience in banking operations with a minimum of 2 years experience on Collateral Management * Bachelor’s Degree in Finance, Economics, Business Administration or related disciplines * Solid product knowledge on OTC Derivatives, including front-to-back processing workflow * In depth understanding of margin/collateral processes and collateral portfolio reconciliations * Ability to work on own initiative and communicate effectively * Organized and efficient with ability to multi-task * Strong risk management and control mindset * Diligent, committed and able to work under pressure and tight timelines * Advantageous to have knowledge of Cloudmargin, Clearstream, Euroclear and Calypso. * Good command of spoken and written English and Chinese (Cantonese & Mandarin) * Proficient with advanced Microsoft Excel
Operations Management – Collateral Management – VP at huatai financial hong kong | MergeJobs