Clearing Risk Control Manager

We are seeking a Clearing Risk Control Manager to lead a team to manage the clearing risk of OTC Clear, a central counterparty established by HKEX for the purpose of providing clearing and settlement services for OTC derivatives transactions.

Job Responsibilities:

• Lead a team to cover day-to-day risk related operations in accordance with established rules, policies and procedures (e.g. margin call, risk parameter review, default fund review)
• Prepare regular and ad hoc statistical and analysis reports for management and regulators
• Handle exceptions and contingency situations in a timely manner, enforce proper escalation procedure and practice and act accordingly in accordance with established policies
• Drive operational excellence by continuous improvement in workflows and procedures

• Liaise with internal and external stakeholders for the implementation of new products and initiatives
• Be a subject matter expert in clearing risk control function to work with other teams for new business or clearing risk initiatives with key responsibilities include assessing operational feasibility, defining user requirements, reviewing functional specifications, participating in user acceptance test and enhancing internal operational procedures and workflows for implementation

Job Requirements:

• University Degree, preferably in Risk Management / Finance / Economics or related disciplines
• Holder of relevant professional qualification, preferably FRM or CFA
• Minimum of 10 years of professional experiences of which at least 5 years at the management level of well-established financial organizations
• Strong knowledge of derivatives products, operations, market practices and regulations in OTC derivatives market
• Strong interpersonal, communication and people management skills with proven ability to handle time critical situations and adjust effectively to changing priorities
• Excellent command of written and spoken English and Chinese with proficiency in Putonghua
• Shift duties required, including public holiday
• Hands-on experiences of RPA tools, e.g. PowerAutomate, and Python or similar coding languages will be an advantage