# Vice President, FIC Product Development

**Company**: HKEX
**Location**: HK-ONE ES 49/F
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://hkex.wd3.myworkdayjobs.com/en-US/HKEXCareerPage/job/HK-ONE-ES-49F/Vice-President--FIC-Product-Development_R004605?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_41e1b547-513

## Description

OTC Clearing Hong Kong Limited (OTC Clear) is a central counterparty (CCP) established by HKEX to provide clearing and settlement services for OTC transactions. The Vice President, FIC Product Development will play a key role in driving the growth of OTC Clear’s business, with a particular focus on OTC Rates and FX clearing and strengthening Hong Kong’s position as a leading offshore RMB risk management and clearing hub.

Responsibilities:

- Develop and execute business growth strategies to grow OTC Clear’s Rates and FX clearing franchise.

- Conduct market and industry analysis covering competitive landscape, regulatory developments and emerging trends.

- Support the design and implementation of new products and enhancements in response to evolving market needs.

- Build and maintain strong relationships with banks, buy-side institutions, brokers and other market participants to identify business opportunities and understand evolving client needs.

- Coordinate with Risk Management, Operations, Legal and Regulatory Compliance, Technology and other relevant teams to deliver cross-functional business and product initiatives.

- Drive client onboarding and product adoption and work with market participants to address commercial, operational and other barriers to clearing.

- Lead and participate in market consultations, industry working groups and strategic partnerships to promote OTC Clear’s services and gather feedback for further product development.

- Support engagement with regulators, policymakers and industry associations on new business initiatives, market development and regulatory approvals.

- Prepare business proposals, presentations, management papers and updates for senior management and governance committees.

Qualifications and Requirements:

- University degree, preferably in Finance, Economics, Business or a related discipline.

- At least 10 years of relevant professional experience in financial markets, OTC derivatives, clearing, exchanges, banking, trading, sales, product management or financial market infrastructure.

- Strong knowledge of OTC interest rate and/or foreign exchange derivatives markets. Experience in repo, collateral management or other FIC products would be an advantage.

- Good understanding of the OTC trade lifecycle, clearing and post-trade processes and the regulatory environment affecting OTC derivatives markets.

- Proven experience in client engagement, business development or product development, with the ability to identify market opportunities and translate client needs into actionable business initiatives.

- Demonstrated ability to manage complex, cross-functional initiatives.

- Strong commercial acumen, analytical capability, strategic thinking and problem-solving skills.

- Strong communication, stakeholder management and presentation skills, with the ability to engage effectively with senior internal and external stakeholders.

- Self-motivated, collaborative and capable of working effectively under tight deadlines.

- Fluent in English; Mandarin would be an advantage.

## Skills

### Required
- OTC derivatives
- clearing
- financial markets
- product development
- client engagement
- business development

### Nice to have
- Mandarin
- repo
- collateral management
- FIC products

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Source: [Apply at hkex.wd3.myworkdayjobs.com](https://hkex.wd3.myworkdayjobs.com/en-US/HKEXCareerPage/job/HK-ONE-ES-49F/Vice-President--FIC-Product-Development_R004605?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)