OTC Derivatives Clearing Product Manager - Margin Rules, Repo, Securities Lending and Borrowing

Responsibilities:

• Responsible to implement treasury products’ collateral management infrastructure, design daily collateral management framework and procedures. Understand the relevant clauses of legal agreements (e.g. ISDA, VMCSA, IMCTA, GMRA, GMSLA).
• Keep up-to-date on collateral management market knowledge in OTC derivatives, repo, securities lending and borrowing markets. Support business development from collateral management perspective. Implement relevant regulatory requirements (e.g. Margin Rules, Counterparty Credit Risk Mitigation).
• Enhance collateral management infrastructure according to market development, provide long term planning to infrastructure
• Initiate collateral management system projects, raise user requirements, participate user testing and system launching tasks.
• Support legal documentation negotiation from collateral management perspective, perform the onboarding process in collateral management systems once the agreement is signed.
• Generate daily portfolio reconciliation reports from valuation perspective, resolve margin disputes, perform collateral eligibility checks, monitor collateral concentration risk.
• Collect and analyze the collateral data, report daily activities.

Requirements:

• Bachelor’s Degree or above
• At least 3 years’ related experience in banking or industries, such as OTC derivatives clearing, collateral management, custody, related IT functions
• Experience in treasury or collateral management systems will be an advantage
• Detail-oriented, able to work under pressure, mature and requires minimum supervision
• Excellent interpersonal and communication skills; good team player
• Excellent command of English and Chinese, Mandarin skills will be an advantage