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 position:
Officer (Settlement)
Key Responsibilities
- Participate in the investment management system implementation project
- Assist in drafting and reviewing project documents, including user requirements and functional specification, etc.
- Prepare testing scenarios for settlement operations and detailed test cases for the various financial instruments such as FX, money market, fixed income (e.g. US Treasury, Eurobond, dual currency bond, asset-backed securities) and derivatives (e.g. futures, options, interest rate swap, total return swap)
- Execute user acceptance test independently, reconcile outcome with expected results and compile test result summary and progress report
- Support daily settlement operations of various financial instruments and work closely with stakeholders and external parties (e.g. custodian agents, Nostro banks, brokers) to ensure smooth settlement
- Perform other settlement and back-office functions such as confirmation matching, cash and securities reconciliation, failed trade management and incident investigation, etc.
- Assist in refining operational workflow and updating procedure manuals
Requirements
- University degree
- At least 3 years of work experience in settlement / back office operations with good knowledge of various financial instruments and SWIFT standards (MT and MX)
- Hands-on experience in settlement-related system implementation, operating settlement systems such as SWIFT, RTGS and treasury / investment management system preferred
- Good supervisory and interpersonal skills
- Able to work under pressure in meeting various project deadline
- Required to work on irregular hours and public holidays upon request
- Good command of both written and spoken English and Chinese
Conditions of service
- Appointment will be made on fixed contract terms
- 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, paid annual leave and contract-end gratuity
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 10 May 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 HKMA within three months from the closing date for applications should consider their applications filed for future reference.
Personal data provided by applicants will be used strictly in accordance with our personal data policies, a copy of which will be provided upon request. You may contact the Recruitment Officer at the above address.
The HKMA is an equal opportunities employer. More information on the HKMA can be found at the website https://www.hkma.gov.hk.
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.
