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:
Chief Operating Officer
Key Responsibilities
Reporting to the CEO, the role will be responsible for managing and overseeing the operations of securities clearing, settlement and custodian systems to ensure the systems operate safely, reliably, and efficiently at all times. Key responsibilities include:
- Operational Oversight: Design and implement operational strategies aligned with the company’s strategic goals and regulatory requirements, ensuring safe, reliable and efficient service delivery across all functions
- Strategic Leadership: Collaborate with senior management to drive strategic initiatives that promote growth, profitability, and operational effectiveness, ensuring alignment with the company’s long-term vision
- Team Leadership & Development: Foster a high performance culture by engaging and developing teams, promoting accountability, and driving performance through strong leadership and relationship-building
- Risk Management & Compliance:
- Safeguard the company’s interests through the effective implementation of risk control policies and procedures
- Develop and maintain a comprehensive risk management framework that identifies, assesses, and mitigates risks across all operational areas
- Ensure adherence to regulatory standards and best practices, maintaining the highest levels of compliance and ethical conduct
- Customer-Centric Strategy: Drive a customer-focused strategy that prioritizes service excellence and customer satisfaction, continually seeking improvement to enhance the client experience
- Performance Management: Define and monitor key performance indicators (KPIs) to evaluate operational success, providing regular reports to senior management on performance outcomes and areas for improvement
- Technology Integration: Leverage technology and innovation to streamline operations, improve efficiency, and enhance data analytics capabilities for informed decision-making
- Cross-Departmental Collaboration: Facilitate collaboration among departments to ensure cohesive operations and alignment with business objectives, promoting a unified approach to achieving company goals
Requirements
- University degree in Business Administration, Accounting, Finance, or a related field; MBA or equivalent advanced degree is preferred
- At least 15 years of relevant experience in financial institutions or market infrastructure organizations, with at least 7 years in a senior leadership role
- Proven experience in overseeing custody operations with a strong understanding of regulatory requirements, compliance standards, and best practices
- Demonstrated capability in financial management, strategic planning, operations oversight, with a focus on driving profitability and growth
- Excellent leadership, communication, and interpersonal skills, with a track record of building and motivating high-performing teams
- Strong analytical, strategic-thinking, and problem-solving skills, with the ability to collaborate effectively with stakeholders and senior management to identify and address complex issues.
- Proven ability to lead organisational change initiatives and foster a culture of continuous improvement
- Experience in leveraging technology to enhance operational efficiency and drive innovation within the organisation
- Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above
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
- 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 13 September 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.
