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