Officer (Settlement)

The Hong Kong Monetary Authority (HKMA) is charged with the responsibility for maintaining the stability and integrity of the monetary and financial systems of Hong Kong. There is now an excellent opportunity for eligible candidates to apply for the following position:

• Participate in the investment management system implementation project
• Assist in drafting and reviewing project documents, including user requirements and functional specification, etc.
• Prepare testing scenarios for settlement operations and detailed test cases for the various financial instruments such as FX, money market, fixed income (e.g. US Treasury, Eurobond, dual currency bond, asset-backed securities) and derivatives (e.g. futures, options, interest rate swap, total return swap)
• Execute user acceptance test independently, reconcile outcome with expected results and compile test result summary and progress report
• Support daily settlement operations of various financial instruments and work closely with stakeholders and external parties (e.g. custodian agents, Nostro banks, brokers) to ensure smooth settlement
• Perform other settlement and back-office functions such as confirmation matching, cash and securities reconciliation, failed trade management and incident investigation, etc.
• Assist in refining operational workflow and updating procedure manuals

• University degree
• At least 3 years of work experience in settlement / back office operations with good knowledge of various financial instruments and SWIFT standards (MT and MX)
• Hands-on experience in settlement-related system implementation, operating settlement systems such as SWIFT, RTGS and treasury / investment management system preferred
• Good supervisory and interpersonal skills
• Able to work under pressure in meeting various project deadline
• Required to work on irregular hours and public holidays upon request
• Good command of both written and spoken English and Chinese

• Appointment will be made on fixed contract terms
• A competitive remuneration package will be offered. There is flexibility to take account of additional experience and qualifications
• Fringe benefits include medical and dental benefits, paid annual leave and contract-end gratuity

Information :

• Company : Hong Kong Monetary Authority
• Position : Officer (Settlement)
• Location : Hong Kong
• Country : HK