Head of Collateral Management

Charterhouse Partnership; Hong Kong; Presencial; HKD 1.200.000 - 1.800.000; Jornada completa

Descripción de la vacante

Charterhouse Partnership is seeking an experienced Collateral Management leader in Hong Kong to guide a team across OTC derivatives, repo, securities lending, and CCP-cleared products. You will own end-to-end collateral lifecycle, drive risk controls, and ensure regulatory compliance.

You will partner with Front Office, Risk, Legal, and Operations to implement automation, enhance data quality, and scale processes to support growth while maintaining robust controls.

Formación

• Bachelor's degree in Finance, Economics, Business Administration, or related discipline.
• 15+ years in Banking/Financial Markets Operations with 5+ years in collateral management leadership.
• Strong product knowledge across OTC derivatives, repo, securities financing, and CCP products.
• Deep understanding of ISDA/CSA, GMRA, GMSLA frameworks.
• Proven experience with collateral disputes, reconciliations, and risk mitigation.

Responsabilidades

• Lead, coach, and develop a six-person collateral operations team across multiple instruments.
• Oversee margin calculations, calls, disputes, settlements, and reconciliations with adherence to ISDA/CSA, GMRA, GMSLA, and CCP rules.
• Drive automation, workflow optimization, data quality initiatives, and scalable operating models.
• Present operational metrics and risk updates to senior management and governance forums.

Conocimientos

Leadership

Stakeholder mgmt

Regulatory mindset

Problem solving

Excel advanced

Communication

Educación

Bachelor's degree in Finance/ Economics

Herramientas

CloudMargin

Calypso

Clearstream

Euroclear

Descripción del empleo

Our client is looking for an experienced Collateral Management professional to lead a high-performing team responsible for the end-to-end collateral lifecycle across OTC derivatives, repo, securities lending, and centrally cleared products. The successful candidate will serve as a key control point within Operations, ensuring effective counterparty risk mitigation, operational excellence, regulatory compliance, and continuous process enhancement across the collateral management function.

Key Responsibilities

Leadership & Collateral Operations Management

• Lead, coach, and develop a team of six professionals responsible for daily collateral operations, including margin call issuance, dispute management, collateral settlement, and reconciliations across OTC derivatives, repo, securities lending, and CCP-cleared products.
• Ensure all margin obligations under ISDA/CSA, GMRA, GMSLA, and CCP frameworks are accurately executed within agreed service levels and regulatory timelines.
• Oversee the complete margin lifecycle, including Initial Margin (IM) and Variation Margin (VM) calculations, call execution, dispute resolution, and escalation of aged exposures.
• Maintain strong oversight of collateral settlements, ensuring timely movement and verification of cash and non-cash collateral with counterparties, custodians, and market infrastructures, including Clearstream and Euroclear.
• Drive daily collateral and trade population reconciliations, ensuring exceptions are investigated, resolved, and appropriately escalated in a timely manner.

Strategic Initiatives & Change Management

• Represent Collateral Management in New Product Approval (NPA) and strategic business initiatives, assessing operational readiness, margining impacts, and control requirements for new products, markets, and trading strategies.
• Partner closely with Front Office, Risk, Legal, Compliance, Operations, and Technology teams to support business growth while maintaining a robust control environment.
• Lead and sponsor operational transformation initiatives focused on automation, workflow optimization, data quality enhancement, and operating model efficiency.
• Oversee user acceptance testing (UAT), implementation activities, and production releases related to collateral systems, workflow tools, and regulatory enhancements, ensuring operational readiness and successful adoption.
• Develop scalable processes and controls to support increased volumes, new regulatory requirements, and business expansion.
• Maintain oversight of collateralized and uncollateralized exposures, dispute inventories, settlement fails, and segregation breaches, ensuring timely escalation and remediation of material risks.
• Establish and monitor key risk indicators (KRIs) and key performance indicators (KPIs) to measure operational effectiveness, risk exposure, and service quality.
• Ensure compliance with applicable regulatory requirements, including Uncleared Margin Rules (UMR), collateral segregation requirements, and related reporting obligations.
• Strengthen the control framework through periodic reviews, issue remediation, audit support, and continuous process improvements.
• Prepare and present management information, operational metrics, and risk updates to senior management and governance forums.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related discipline.
• Minimum 15 years of experience within Banking or Financial Markets Operations, including at least 5 years of hands-on collateral management experience in a leadership or managerial capacity.
• Strong product knowledge across OTC derivatives, repo, securities financing transactions, and centrally cleared products, with a thorough understanding of front-to-back trade lifecycles.
• Deep understanding of industry documentation, including ISDA/CSA, GMRA, and GMSLA agreements.
• Proven experience managing collateral disputes, portfolio reconciliations, exposure monitoring, and risk mitigation activities.
• Demonstrated people leadership skills with the ability to build, motivate, and develop high-performing teams.
• Strong risk and control mindset with the ability to identify operational vulnerabilities and implement sustainable solutions.
• Excellent stakeholder management and communication skills, with the confidence to engage effectively with senior management, trading desks, counterparties, and control functions.
• Strong analytical and problem-solving skills, with the ability to operate effectively in a fast-paced and highly regulated environment.
• Advanced proficiency in Microsoft Excel, including complex data analysis and automation tools.
• Experience with collateral and market infrastructure platforms such as CloudMargin, Calypso, Clearstream, and Euroclear is highly desirable.
• Fluency in English and Chinese (Cantonese and Mandarin).