You will be responsible for managing daily processing of derivatives operations.

Main Responsibilities:

• Perform daily settlement processing for the following products:

  • FX Option, Participating Forward and Structure option

  • Equity option, equity accumulator and decumulator

  • Futures

  • Currency Linked Premium Deposit and Equity Linked Deposit

• Reconcile trade input against counterparty’s trade record to ensure correctness of trade booking

• Follow up with traders and counterparties in case of any trade booking issues

• Prepare trade confirmations and settlement instructions for Derivatives products

• Input trades at middleware systems for in-scope OTC derivatives products

• Manage trade confirmation matching electronically and manually as well as handle exceptions if any

• Review reported OTC derivatives trades or submit trades if needed for HK trade repository regulatory reporting

• Manage premium payment for interest payment for derivatives products

• Perform account reconciliation, position reconciliation to ensure accuracy

• Handle post trade event processing (e.g. rate fixing, option expiry/exercise, knock-in or knock-out events) for Derivatives products

• Prepare day-end control reports to ensure completeness

• Participate in user acceptance tests or system enhancement projects in relation to Settlement or new product development

Incumbent Requirements: 

• Degree holder in Banking / Business Administration / Finance/ Management

• At least 2 to 3 years of relevant experience in Banking industry or financial institution is preferred

• Experiences in settlement systems usage including SWIFT, RTGS, MarkitWire, Kondor, OPICS, HKTR is preferred

• Strong communication, interpersonal, people management and analytical skills

• Mature and able to work independently and under pressure

• Innovative and self-initiative

• Good command of spoken and written English and Chinese

(Candidate with more experience will be considered as Senior Officer)