Deputy Manager, Global Markets Operations

Cathay United Bank Company, Limited; Hong Kong; On-site; HKD 600,000 - 750,000; Full time

Benefits offered by this job

Comprehensive fringe benefits

Job summary

Cathay United Bank Company, Limited is seeking a Deputy Manager for Global Markets Operations in Hong Kong. You will oversee daily operations and settlement for FX/MM, Bonds, Structured Products, Derivatives and other treasury products, ensuring accurate processing and timely settlement in compliance with policies and regulatory requirements.

You will perform trade verification, settlement, reconciliation and exception handling, prepare regulatory reports including HKTR, and contribute to system

Qualifications

• Bachelor’s degree with at least 7 years in back office operations in a financial institution.
• Knowledge of the full settlement cycle of capital markets products (FX/MM, options, derivatives, bonds, funds).
• Team spirit and strong interpersonal, communication and organization skills.
• Familiar with HKTR reporting requirements and regulatory reporting processes.
• Experience in project implementation, system enhancements and UAT testing.
• Strong understanding of operational controls, risk management and regulatory requirements.
• Hands-on experience with market systems such as SWIFT, RTGS, Summit, Clearstream is an advantage.
• Good analytical, problem-solving and communication skills.
• Proficient in written and spoken English and Chinese.
• Proficient in Microsoft Office applications (Excel/Word).

Responsibilities

• Handle daily operations and settlement activities for Global Markets products and treasury-related items.
• Ensure transactions are processed accurately and settled timely in line with policies and regulations.
• Perform trade verification, confirmation, settlement, reconciliation and exception handling.
• Prepare regulatory reports including HKTR reporting as required.
• Participate in new product development, system enhancements and UAT.
• Review and maintain SOPs and control measures to improve efficiency and mitigate risk.
• Liaise with front office, cross-functional teams and Head Office on daily operations and projects.
• Prepare MIS, internal and regulatory reports.
• Support ad hoc assignments as required by Head of Operations and team supervisor.

Skills

Back office

Regulatory reporting

HKTR reporting

Teamwork

English & Chinese

MS Office

Education

Bachelor’s Degree in Finance/Related Field

Tools

SWIFT

RTGS

Summit

Clearstream

Job description

Deputy Manager, Global Markets Operations

Handle daily operations and settlement activities for Global Markets products, including FX/MM, Bonds, Structured Products, Derivatives and other Treasury-related products

Ensure all transactions are processed accurately and settled in a timely manner in compliance with internal policies, regulatory requirements and market practices

Perform trade verification, confirmation, settlement, reconciliation and exception handling

Prepare and submit regulatory reports, including Hong Kong Trade Repository (HKTR) reporting and other regulatory filings as required

Participate in new product development, system enhancement initiatives, process re-engineering and User Acceptance Testing (UAT)

Review, develop and maintain operational procedures, SOPs and control measures to enhance operational efficiency and mitigate operational risks

Liaise with front office, cross-functional teams and Head Office on daily operations, projects, and issue resolution

Prepare management information (MIS), internal reports and regulatory reports

Support ad hoc assignments as required by Head of Operations and team supervisor

Responsibilities:

• Handle daily operations and settlement activities for Global Markets products, including FX/MM, Bonds, Structured Products, Derivatives and other Treasury-related products
• Ensure all transactions are processed accurately and settled in a timely manner in compliance with internal policies, regulatory requirements and market practices
• Perform trade verification, confirmation, settlement, reconciliation and exception handling
• Prepare and submit regulatory reports, including Hong Kong Trade Repository (HKTR) reporting and other regulatory filings as required
• Participate in new product development, system enhancement initiatives, process re-engineering and User Acceptance Testing (UAT)
• Review, develop and maintain operational procedures, SOPs and control measures to enhance operational efficiency and mitigate operational risks
• Liaise with front office, cross-functional teams and Head Office on daily operations, projects, and issue resolution
• Prepare management information (MIS), internal reports and regulatory reports
• Support ad hoc assignments as required by Head of Operations and team supervisor

Candidates are expected to possess:

• Bachelor’s Degree with at least 7 years of relevant working experience in back office operations in a financial institution (preferably investment bank / securities group)
• Knowledge of the full settlement cycle of capital markets products. For example, FX/MM products, options, derivatives, structured products, securities, bonds and funds
• Team spirit, good interpersonal, communication and organization skill
• Familiar with HKTR reporting requirements and regulatory reporting processes
• Experience in project implementation, system enhancement and UAT testing
• Strong understanding of operational controls, risk management and regulatory requirements
• Hands-on experience in market systems such as SWIFT, RTGS, Summit, Clearstream or related systems is an advantage
• Good analytical, problem-solving and communication skills
• Self-motivated, detail-minded and able to work independently under pressure
• Good command of written and spoken English and Chinese (including Cantonese and Mandarin)
• Proficient in Microsoft Office applications, particularly Excel and Word

We offer attractive salary and comprehensive fringe benefits.

If applicable, the successful applicant’s offer confirmation is subject to the result of Mandatory Reference Check (MRC) under HKMA’s mandatory requirement. For details, please visit the corresponding website: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2

Personal information collected will be used for considering suitability for the post and strictly in accordance with our personal data policies. It is our policy to retain the personal data of unsuccessful applicants for future recruitment purposes for a period of maximum two years.