Director, Central Securities Depository (CSD)

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), providing secure and efficient clearing, settlement and custodian services 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:

Director, Central Securities Depository (CSD)

 

Key Responsibilities

 

  • Lead the operation of CSD services, with particular focus on asset servicing and collateral management operations
  • Drive process automation and digital transformation initiatives to enhance operational efficiency and client experience
  • Collaborate with key internal and external stakeholders to drive the launch and adoption of new services
  • Uphold high levels of client satisfaction and operational excellence across all service areas
  • Actively promote CSD services and represent CMU OmniClear in relevant industry engagements

 

Requirements

 

  • University degree in finance, business, or related fields
  • At least 8 years of experience in securities settlement business.  Hands-on experience with securities settlement systems, such as domestic and International CSDs, is required
  • Experience in asset servicing and collateral management services is an advantage
  • Solid experience on dealing with clients and team management
  • Knowledge on the latest business and technology trends in the market
  • Good command of both oral and written English and Chinese.  Proficiency in Putonghua
  • Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above

(Candidates with less experience may be considered for an offer of appointment at Associate Director 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:

  1. Online application
  2. 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 9 August 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.

Last revision date : 25 July 2025