Operations Management – Collateral Management – VP

Huatai International Financial Holdings Company Limited; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

Huatai International Financial Holdings Company Limited is seeking a senior collateral management professional to lead a team of 3 FTE, oversee end-of-day and intraday margin calculations under ISDA/CSA, GMRA, GMSLA and CCP rulebooks, and ensure timely margin calls and collateral movements across counterparties.

The role requires extensive experience in banking operations with collateral management, deep OTC derivatives knowledge, strong risk controls, and fluent English and Chinese

Qualifications

• 10 years+ of experience in banking operations with a minimum of 2 years experience on Collateral Management.
• Bachelor’s Degree in Finance, Economics, Business Administration or related disciplines.
• Solid product knowledge on OTC Derivatives, including front-to-back processing workflow.
• In-depth understanding of margin/collateral processes and collateral portfolio reconciliations.
• Ability to work on own initiative and communicate effectively.
• Organized and efficient with ability to multi-task.
• Advantageous to have knowledge of Cloudmargin, Clearstream, Euroclear and Calypso.
• Good command of spoken and written English and Chinese (Cantonese & Mandarin).
• Proficient with advanced Microsoft Excel.

Responsibilities

• Lead a team and perform end-of-day and intraday margin calculations under ISDA/CSA, GMRA, GMSLA, CCP rules.
• Issue and respond to margin calls within deadlines; follow up on outstanding calls.
• Instruct collateral movements and confirm receipt/release with counterparties and custodians.
• Reconcile collateral positions and clear breaks before market open.
• Participate in NPA discussions as collateral management representative; integrate new processes.
• Supervise UAT margin models, workflow queues and reporting templates; sign off before go-live.
• Monitor uncollateralized exposures, failed delivery counts and segregation breaches; escalate breaches; prepare daily MI for senior management.
• Compile regulatory returns on collateral quality, concentration and re-hypothecation.
• Identify manual touch-points; lead to optimize end-to-end collateral processing.

Skills

Team management

Margin management

OTC derivatives knowledge

Communication skills

Risk management

Multi-tasking

English & Chinese proficiency

Education

Bachelor's Degree in Finance, Economics, Business Administration or related disciplines

Tools

Cloudmargin

Clearstream

Euroclear

Calypso

Job description

About Us:
Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group’s internationalization strategy by:
a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

_ Job Description: _

• Manage a team of 3 FTE and run end-of-day and intraday margin calculations under ISDA/CSA, GMRA, GMSLA, CCP rulebooks
• Issue and respond to margin calls within agreed deadlines; follow up on outstanding calls.
• Instruct collateral movements and confirm receipt/release with counterparties and custodians.
• Reconcile collateral positions and clear breaks before market open.
• Participate in New Product Approval (NPA) internal discussion forum as collateral management representative, assess impact on new product/market; Integrate new process to ensure efficiency and controlled workflow is in place to support the collateral management on new products/market roll out.
• Supervise team members or direct participate in UAT margin models, workflow queues and reporting templates; sign off before go-live.
• Monitor uncollateralized exposures, failed delivery counts and segregation breaches; escalate breaches immediately. Prepare daily MI for senior management
• Compile regulatory returns on collateral quality, concentration and re-hypothecation.
• Identify manual touch-points; Take the lead to optimize E2E collateral management processing.

_ Qualifications: _

• 10 years + of experience in banking operations with a minimum of 2 years experience on Collateral Management
• Bachelor’s Degree in Finance, Economics, Business Administration or related disciplines
• Solid product knowledge on OTC Derivatives, including front-to-back processing workflow
• In depth understanding of margin/collateral processes and collateral portfolio reconciliations
• Ability to work on own initiative and communicate effectively
• Organized and efficient with ability to multi-task
• Strong risk management and control mindset
• Diligent, committed and able to work under pressure and tight timelines
• Advantageous to have knowledge of Cloudmargin, Clearstream, Euroclear and Calypso.
• Good command of spoken and written English and Chinese (Cantonese & Mandarin)
• Proficient with advanced Microsoft Excel