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.
CMU OmniClear Limited (CMU OmniClear) is a wholly owned subsidiary of the Exchange Fund. It carries out the operation and business development activities of the Central Moneymarkets Unit (CMU) on behalf of the HKMA. As part of the critical financial market infrastructure in Hong Kong, CMU is a central securities depository (CSD) for securities. CMU OmniClear’s vision is to continuously enhance CMU service coverage, expand connectivity with other markets and upgrade the CMU infrastructure to provide market participants with comprehensive and quality services.
We now invite eligible candidates to join our dynamic and inclusive company for the exciting opportunity below:
Associate Director, Project Management (Contract)
Key Responsibilities
- Project Management Support:
- Provide and lead project management support for CMUOC initiatives, establishing it as a major international central securities depository in Asia
- Stakeholder Engagement:
- Meet with top management and internal/external stakeholders to identify project requirements, delivery timelines, and costs
- Maintain effective communication with stakeholders, providing regular updates on project status, risks, and issues
- Business Process Evaluation:
- Evaluate and enhance current business processes by creating process maps and flowcharts to visualize improvements
- Collaboration with IT:
- Work closely with IT teams to understand system capabilities and assess how technology can meet business objectives
- Solution Design and Validation:
- Collaborate with stakeholders to design and validate solutions, creating business specifications and use cases
- Project Governance:
- Define project governance, including deliverables, processes, and ceremonies, while tracking progress and quality of execution
- Risk and Issue Management:
- Lead risk, issue, and change control processes for assigned projects
- Develop action plans to mitigate risks, resolve issues, and track action items
- Documentation Maintenance:
- Maintain comprehensive documentation of requirements, process flows, specifications, and deliverables, ensuring accessibility and accuracy
- Project Status Reporting:
- Compile and submit project status reports to management and other collaborators, ensuring transparency and accountability
- Collaboration for Implementation:
- Work effectively with relevant collaborators to ensure efficient project implementation
Requirements
- University degree, preferably in business administration, information technology, or a related field
- At least 5 years of relevant working experience in a well-established financial organisation
- Previous experience as a business analyst or in a similar role, ideally within technology-driven projects
- Knowledge of cash equity post-trade clearing and custody functions in various markets is preferred
- Exceptional analytical and problem-solving abilities
- Strong leadership and interpersonal skills to influence decisions made by project sponsors and stakeholders
- Assertiveness to drive tasks to completion
- Strong negotiation skills, conflict management, and influencing skills at different levels of management
- Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above
The Associate Director of Project Management role requires a blend of educational qualifications, extensive experience in the financial sector, and strong leadership capabilities. This combination will enable them to effectively navigate the complexities of technology-driven projects and foster collaboration among diverse stakeholders.
(Candidates with less experience may be considered for an offer of appointment at Senior Associate level.)
Conditions of service
- Appointment will be offered by CMU OmniClear
- 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 and paid annual leave
How to apply
You may submit an application via one of the following channels:
- Online application
*Online application will be temporarily suspended from 08:00 p.m. on 7 Jun 2025 to 08:00 a.m. on 8 June 2025 due to system maintenance
- By Mail
Send in the hard copy application form (available either at the HKMA’s reception counter or website https://www.hkma.gov.hk) to:
Recruitment Officer
Hong Kong Monetary Authority
55/F., Two International Finance Centre
8 Finance Street, Central, Hong Kong
Copies of transcripts together with a full résumé including details of past experience should be attached to the application. Please mark your correspondence address and the position applied for on the envelope.
Completed application should reach the HKMA, via the designated submission channel, by 21 June 2025. Applicants may wish to submit their applications in advance of the deadline to allow for any unexpected delays, e.g. with internet traffic, including file size restrictions and system maintenance downtime. Those not contacted by the CMU OmniClear within three months from the closing date for applications should consider their applications filed for future reference.
CMU OmniClear is an equal opportunities employer and welcomes application from all qualified candidates. All information provided will be handled strictly in accordance with our personal data policy, a copy of which will be provided upon request. You may contact the Recruitment Officer at the above address.
The Online Application System is scheduled to perform regular system maintenance from Hong Kong time 6:00 a.m. to 8:00 a.m. every Wednesday. During this time, online application will not be available.
Learn more about the business of CMU OmniClear: www.CMUOmniClear.com.
