Head of OTC Clearing Risk & Controls

Hong Kong Exchanges and Clearing Limited; Hong Kong; On-site; HKD 1,000,000 - 1,600,000; Full time

Job summary

Hong Kong Exchanges and Clearing Limited is seeking a senior leader to head Clearing Risk Control under Operations Risk Management. The role focuses on managing central counterparty risk for OTC Clear, leading a team, and collaborating with multiple stakeholders to advance market infrastructure and risk controls.

Ideal candidates have a strong background in derivatives risk, people management, and regulatory knowledge, with fluency in English and Putonghua.

Qualifications

• University degree in risk management, finance, economics or related.
• FRM or CFA preferred.
• 10+ years in finance with at least 5 in management at established institutions.
• Strong knowledge of derivatives, operations, market practices and OTC regulations.
• Excellent English and Chinese, with Putonghua.
• Shift duties including public holidays.
• Experience with RPA tools and Python or similar is advantageous.

Responsibilities

• Oversee day-to-day OTC Clear risk operations and reporting.
• Lead a team and ensure adherence to rules, policies and procedures.
• Prepare regular and ad hoc reports for management and regulators.
• Handle exceptions and escalations per policy.
• Drive workflow and process improvements in clearing risk.
• Collaborate with internal/external stakeholders on new products.
• Act as SME on clearing risk initiatives and requirements.

Skills

Risk management

Derivatives knowledge

People management

Communication

English proficiency

Putonghua

Education

University degree in risk management/finance/economics

FRM

CFA

Tools

PowerAutomate

Python

Job description

Hong Kong Exchanges and Clearing Limited is seeking a senior leader to head Clearing Risk Control under Operations Risk Management. The role focuses on managing central counterparty risk for OTC Clear, leading a team, and collaborating with multiple stakeholders to advance market infrastructure and risk controls.

Ideal candidates have a strong background in derivatives risk, people management, and regulatory knowledge, with fluency in English and Putonghua.