Collateral Management & Operations Lead: Margin, Risk & Strategy

Huatai International Financial Holdings Company Limited; Hong Kong; On-site; HKD 700,000 - 900,000; Full time

Job summary

Huatai International Financial Holdings Company Limited in Hong Kong is looking for a seasoned professional to lead collateral management and oversee risk control. The ideal candidate should have extensive experience in Banking Operations, particularly in Collateral Management, and be able to manage a team effectively.

This role requires strong knowledge of OTC Derivatives, risk management, and excellent command of English, Cantonese, and Mandarin. Compensation is competitive and reflects the responsibility of this crucial position.

Qualifications

• Minimum 15 years’ experience in Banking Operations, with 5 years in Collateral Management.
• In-depth understanding of key legal documents: ISDA/CSA, GMRA, and GMSLA.
• Experience in dispute resolution mechanisms related to collateral management.

Responsibilities

• Lead and develop a team managing day-to-day margin payments.
• Oversee timely issuance of margin calls to minimize credit exposure.
• Compile and review regulatory returns ensuring compliance.

Skills

Expert knowledge of collateral portfolio reconciliations

Organized and efficient

Excellent command of spoken and written English

Deep understanding of OTC Derivatives

Ability to manage multiple priorities

Diligent with a strong risk management mindset

Education

Bachelor’s Degree in Finance, Economics, Business Administration or related discipline

Tools

MS Excel (including VBA/Macros)

Vendor platforms: Cloudmargin, Clearstream, Euroclear, Calypso

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:

• 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);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
  
  

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:

• 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);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• 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

Operational Leadership & Trade Management:

• Team Management: Lead, mentor, and develop a team of 6 FTEs, managing day-to-day margin payments and receipts under ISDA/CSA, GMRA, GMSLA, and CCP rulebooks, ensuring adherence to SLAs and regulatory timelines.
• Margin Lifecycle: Oversee the timely issuance and response to margin calls (Initial & Variation), proactively escalating and following up on outstanding calls to minimize credit exposure.
• Settlement Integrity: Instruct collateral movements and confirm receipt/release with external counterparties and global custodians (e.g., Clearstream, Euroclear), ensuring accurate settlement of cash and non-cash assets.
• Reconciliation: Drive the daily reconciliation of collateral positions and trade populations, ensuring all breaks are investigated and cleared prior to market open.
  
  

Strategic & Change Management

• New Product Approval (NPA): Act as the primary Collateral Management representative in internal NPA meeting. Assess the impact of new products/markets on margin frameworks, ensuring robust and controlled workflows are integrated prior to rollout.
• Technology & UAT: Supervise team members or directly participate in User Acceptance Testing (UAT) for margin models, workflow queues, and reporting templates; provide final sign-off before go-live.
• Process Optimization: Identify manual touch-points and inefficiencies (e.g., high-touch EUC tools). Lead strategic initiatives to optimize the End-to-End (E2E) collateral management processing, leveraging automation and data visualization tools.
  
  

Risk & Control

• Exposure Monitoring: Continuously monitor uncollateralized exposures, failed delivery counts, and segregation breaches. Escalate potential risk incidents to senior management immediately.
• Regulatory Reporting: Compile and review regulatory returns pertaining to collateral quality, concentration limits, and rehypothecation rights, ensuring compliance with global standards (e.g., Uncleared Margin Rules).
• Management Information (MI): Prepare and present daily MI packs to senior management, highlighting key metrics, risk indicators (KPIs/KRIs), and operational performance.
  
  

Qualifications

• Minimum 15 years’ experience in Banking Operations, with a minimum of 5 years dedicated specifically to Collateral Management (including management or supervisory experience).
• Education: Bachelor’s Degree in Finance, Economics, Business Administration, or a related discipline
• Deep understanding of OTC Derivatives (including Interest Rate Swaps, Credit Default Swaps, FX), Repo, and Securities Lending, with a view of the front-to-back processing workflow.
• In-depth understanding of key legal documents: ISDA/CSA, GMRA, and GMSLA.
• Expert knowledge of collateral portfolio reconciliations and dispute resolution mechanisms.
• Organized and efficient, with the ability to manage multiple priorities, work under pressure, and meet tight deadlines
• Diligent with a strong risk management and control mindset; ability to identify process gaps and implement controls.
• Excellent command of spoken and written English, Cantonese, and Mandarin. Ability to articulate complex exposure issues to traders, senior management, and external counterparties effectively.
• Advanced MS Excel (including VBA/Macros for data analysis).
• Experience with specific vendor platforms: Cloudmargin, Clearstream, Euroclear, and Calypso is highly advantageous.