Head of Operations, MD

Hercules Search Consultation Company; Hong Kong; In loco; HKD 900.000 - 1.300.000; Tempo pieno

Descrizione del lavoro

Hercules Search Consultation Company is seeking a senior operations lead in Hong Kong to supervise daily clearing and settlement activities for securities and related businesses. The role emphasizes compliance with SFC requirements and risk controls within Global Markets, especially FICC.

You will drive process improvements, manage a team with 3+ years of leadership, and coordinate system developments for enhanced operational efficiency.

Competenze

• Degree in a related discipline or equivalent.
• Minimum 8 years in operations/clearing & settlement in securities or investment banking.
• At least 3 years of management experience.
• Strong knowledge of electronic settlement systems including CCASS, CMU, Euroclear, and SWIFT.
• Good understanding of the Hong Kong securities market and SFC regulations.
• Excellent interpersonal and communication skills, fluent in Chinese (Mandarin).

Mansioni

• Lead and supervise daily department operations, ensuring efficient clearing and settlement services for securities and related businesses in Hong Kong.
• Provide operational support to Global Markets activities, focusing on FICC and supporting Hong Kong cash equities.
• Monitor and control operational risks; manage contingency situations and exceptional cases.
• Ensure compliance with SFC regulations and internal policies.
• Review and improve workflows to maintain accuracy and efficiency.
• Develop and maintain internal policies for dealing, risk control, and settlement.
• Establish escalation and reporting frameworks for timely risk communication.
• Lead requirements gathering for system development and enhancements.
• Drive process re-engineering across key activities; implement new processes for new initiatives.
• Investigate settlement discrepancies and resolve related issues promptly.
• Maintain daily policies and procedures for back-office efficiency.
• Conduct stress testing and risk evaluations to support line expansion.
• Manage readiness and support for IPOs and other primary market transactions.

Conoscenze

Stakeholder management

Regulatory compliance

Risk management

Communication

Securities operations

Formazione

Related degree

Strumenti

CCASS

CMU

Euroclear

SWIFT

Descrizione del lavoro

• A SFC-licensed investment bank in Hong Kong (Types 1, 4, 6 & 9), backed by a major Chinese state-owned banking group. The firm provides a full suite of services across Investment Banking (IBD), Debt Capital Markets (DCM), Equity Capital Markets (ECM), Corporate Finance, and Global Markets.

Responsibility:

• Lead and supervise the daily operations of the department, ensuring efficient and accurate clearing and settlement services for securities, corporate finance, and related businesses in Hong Kong
• Provide operational support to Global Markets activities, with a primary focus on FICC products and secondary support for Hong Kong cash equities
• Monitor and control operational risks, and effectively manage contingency situations and exceptional cases
• Ensure all operational procedures and activities fully comply with SFC regulatory requirements and internal policies
• Continuously review and enhance operational workflows to maintain accuracy, integrity, and efficiency
• Develop, implement, and maintain internal operational policies and procedures covering dealing, risk control, and settlement
• Establish and maintain clear escalation and reporting frameworks to enable timely communication of operational and risk issues to different levels of management
• Lead the formulation of business requirements for system development and enhancement projects
• Drive process re-engineering and operational reviews across key activities
• Design and implement new operational processes to support new business initiatives
• Investigate settlement discrepancies and resolve related outstanding issues in a timely manner
• Establish and regularly update daily policies and procedures to sustain the efficiency of the back-office function
• Conduct stress testing and risk evaluations in support of business line expansion
• Manage operational readiness and support for IPO and other primary market transactions

Requirement:

• Degree holder in a related discipline
• Minimum 8 years of relevant experience in operations / clearing & settlement within the securities or investment banking industry
• At least 3 years of management experience
• Solid knowledge of electronic settlement systems, including CCASS, CMU, Euroclear, and SWIFT
• Strong understanding of the Hong Kong securities market environment and SFC regulatory requirements
• Excellent interpersonal and communication skills, with fluency in written and spoken Chinese (Mandarin)