Assistant Manager - Securities Financing/Collateral Management - Bank

Assistant Manager to Manager (Securities Financing & Collateral Management), GMT

Job Description:

- Opportunity within a company with a solid track record of performance

- Join a market leader within Brokerage / Treasury / Securities Exchange

- Leadership Role

- Our client is a licensed bank incorporated in Hong Kong. Our client currently the largest commercial bank in China, and it is one of the domestic systemically important banks (D-SIBs) in Hong Kong.

The Job:

Job Responsibilities:

- Process Tri-Party and bilateral collateral optimization, sourcing and exposure management

- Calculate collateral across business lines (IM, VM and securities financing)

- Ensure the efficient and timely processing of the securities financing trading and derivatives trading book including recalls, substitutions, restrictions, pledging, exposure management and projections of future requirements and book breakdown

- Advise the Securities Financing Trading desk on the freedoms/limitations of collateral management in Tri-party, including the ability to enforce stipulations applicable to a bilateral trade

- Act as a contact point for SFT operations for other areas including Trading, Sales, Finance, IT and supporting teams such as settlement

- Provide daily financing and funding projection to the business unit and position reconciliation between Agents

- Collate and distribute key metric data to stakeholders such as collateral schedules and collateral availability to Securities Finance Trading

Ideal Candidate:

Job Requirements:

- Bachelor's or above degree in finance or quantitative disciplines

- Minimum 3 years' relevant experience in banking industry with middle to back office operations experience is preferred

- Strong knowledge of Fixed Income and derivative products, settlement processes and current market initiatives is vital

- High degree of accuracy and willingness to learn new products is essential

- Willing to adapt new initiatives and put forward your own ideas is paramount

- Good command of written and spoken English and Chinese