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 post:

Co-ordinator (Settlement)

Key Responsibilities

• Support daily settlement operations such as cash transfer, fixed income, foreign exchange, interest rate swaps, and futures and options
• Work closely with stakeholders and external parties (e.g. counterparties, custodians and Nostro banks etc.) to ensure smooth settlement
• Perform other trade processing and settlement functions such as corporate actions, trade confirmation matching, reconciliation and static data maintenance, etc.
• Support system and process improvement initiatives by participating in User Acceptance Test, production rollout, etc.
• Assist in the preparation of Management Information System reports and monthly statistic reports
• Participate in regular Business Continuity Planning drills
• Perform other back office operational and administrative tasks

Requirements

• Five subjects, including Chinese Language and English Language (“Syllabus B” before 2007), at Level 2 / Grade E or above in the Hong Kong Certificate of Education Examination, or at Level 2 or equivalent or above in the Hong Kong Diploma of Secondary Education Examination
• At least 1 year’s work experience in settlement / back office operations / correspondent banking services for a wide range of financial products and markets
• Basic knowledge of settlement practices and SWIFT message standards
• Hands-on experience/ knowledge of settlement and other operating systems such as SWIFT, RTGS, RIS, Easy Way, confirmation matching system and reconciliation system, and conversant with MS Excel an advantage
• Good command of written and spoken English
• A good team player and attentive to details
• Ability to manage multiple tasks and work under pressure to meet various settlement deadlines
• Need to work irregular hours as and when required

Remuneration Package

A competitive remuneration package will be offered to the successful candidate, with flexibility to take account of additional experience and qualifications. Fringe benefits include medical and dental benefits, paid annual leave and provident fund benefits.