Head of Fund Operations, Asset Management

China Merchants Securities International Company Limited; Hong Kong; Vor Ort; HKD 1.800.000 - 3.200.000; Vollzeit

Benefits dieser Stelle

5-day working week

Zusammenfassung

China Merchants Securities International Company Limited (CMSI) in Hong Kong seeks a highly skilled Head of Fund Operations to oversee fund operations across private funds, ETFs, and discretionary accounts within our asset management business. You will lead a senior team, strengthen controls, and drive scalable processes.

You will coordinate with custodians, auditors, and external counterparts, ensure NAV accuracy, trade settlements, and regulatory compliance, and support automation and new fund

Qualifikationen

• Bachelor’s degree or above in Finance, Accounting, Economics or related discipline.
• 10+ years of relevant experience in fund operations, fund administration, fund accounting, middle office, or asset management operations.
• Proven team management experience with ability to lead and develop a team.
• Strong understanding of private funds, ETFs, public funds, QFII, and Discretionary Account products.
• Experience working with custodians, fund administrators, brokers and external counterparties.

Aufgaben

• Lead end-to-end fund operations across private funds, ETFs, public funds, QFII-related business, and Discretionary Account business.
• Establish, maintain, and continuously improve the fund operations framework, control environment, and operating procedures.
• Ensure timely and accurate completion of operational processes, reporting Deliverables, and exception handling with external counterparties.
• Manage daily ETF, public and private fund operations including subscriptions/redemptions, cash flow, settlements, reconciliations, and NAV monitoring.
• Supervise system automation initiatives and new fund launches, including test case prep, UAT, and implementation support.
• Coordinate with external auditors during annual audits and provide required data and documentation.
• Support project initiatives, broker account openings, and due diligence to ensure compliance and risk controls.
• Perform KYC/AML reviews during account opening and subscriptions.
• Manage relationships with custodians, fund administrators, auditors, and other service providers.
• Monitor service quality and drive issue resolution and operational improvement.
• Partner with investment, trading, compliance, product, risk, and IT teams for new launches and automation.
• Identify, assess, and manage operational risks across the full fund lifecycle.

Kenntnisse

Team management

Fund operations

Regulatory/compliance

Stakeholder management

KYC/AML knowledge

Ausbildung

Bachelor’s degree in Finance/Accounting/Economics

Jobbeschreibung

Head of Fund Operations, Asset Management

We are seeking a highly experienced and senior Head of Fund Operations to oversee the fund operations function across our asset management business, covering private funds, ETFs, public funds, QFII-related business, and Discretionary Account business. The successful candidate will be responsible for building and enhancing the fund operations framework, leading a high-performing team, strengthening operational controls, and supporting the continued growth of the business.

Job Responsibilities:

Lead and oversee the end-to-end fund operations function across private funds, ETFs, public funds, QFII-related business, and Discretionary Account business.

Establish, maintain, and continuously improve the fund operations framework, control environment, and operating procedures.

Ensure the timely and accurate completion of operational processes, reporting deliverables, and exception handling, including coordination with external counterparties to resolve trade matching issues and settlement failures.

Manage the daily operations of ETFs, public funds, and private funds, including subscriptions/redemptions, cash flow management, trade settlement, fee payments, reconciliations, NAV valuation, and position monitoring, while overseeing daily NAV calculation to ensure timely and accurate fund valuation.

Supervise and support system automation initiatives and new fund launches, including test case preparation, UAT, and implementation support.

Coordinate with external auditors during annual audits and provide required operational data and supporting documentation.

Support project initiatives, business development activities, broker account opening, and related due diligence to ensure compliance and risk control standards are met.

Perform KYC/AML reviews during account opening and subscription/redemption processes, and provide necessary support.

Manage relationships with custodians, fund administrators, auditors, and other external service providers.

Monitor service quality and drive issue resolution and operational improvement.

Work closely with investment, trading, compliance, product, risk, and IT teams to support product launches, system automation, and new business initiatives.

Identify, assess, and manage operational risks across the full fund lifecycle.

Ensure compliance with applicable regulatory, reporting, audit, and governance requirements.

Lead, coach, and develop the fund operations team, including team structure, performance management, training, and succession planning.

Drive process standardization, automation, and continuous improvement to improve efficiency and scalability.

Assist headquarters in preparing internal reports and providing related data support as required.

Job Requirements:

Bachelor’s degree or above in Finance, Accounting, Economics or a related discipline.

10+ years of relevant experience in fund operations, fund administration, fund accounting, middle office, or asset management operations.

Proven team management experience with the ability to lead and develop a team.

Strong understanding of private funds, ETFs, public funds, QFII, and Discretionary Account products, as well as their related operational workflows.

Extensive experience working with custodians, fund administrators, brokers, and other external counterparties.

Strong problem-solving, communication, organizational, and stakeholder management skills.

High sense of responsibility, with strong compliance awareness and risk control mindset.

Ability to work effectively in a complex, multi-product, fast-paced environment.

We offer attractive remuneration and benefits including 5-day working week to the right candidates.

Personal data provided will be used by us for recruitment and related purposes, which is strictly in accordance with the Personal Data (Privacy) Ordinance (Cap. 486 of the Laws of Hong Kong) for Applicants for Employment. Applicants who are not contacted within 6 weeks may consider your applications unsuccessful and the personal data collected will be destroyed after 2 years or such other period as prescribed by the applicable laws

To open up overseas markets, China Merchants Securities Co., Ltd. ("China Merchants Securities", Stock Code: 6099.HK/600999.SH) incorporated a wholly-owned subsidiary China Merchants Securities International Company Limited ("CMSI" or "we") in Hong Kong in July 1999.

CMSI is the main overseas business platform of China Merchants Securities and has subsidiaries in Hong Kong and Seoul. Through its Hong Kong subsidiary, it is involved in a full range of integrated financial services, including stocks and futures brokerage, corporate finance, sales and trading, asset management, private equity and OTC derivatives, etc.