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 CMU OmniClear Holdings Limited, which is jointly owned by the Exchange Fund (as the majority shareholder) and Hong Kong Exchanges and Clearing Limited (as the minority shareholder). 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 Development)
Key Responsibilities
- Service Development and Promotion
- Develop and execute strategy targeting bond issuers in Hong Kong, Chinese Mainland and overseas markets.
- Identify new business opportunities and manage the full lifecycle from onboarding to retention of CMU members to achieve a high level of client satisfaction.
- Actively promote CSD services to bond issuers, paying agents, law firms, custodians, and other stakeholders to drive revenue growth.
- Product Strategy & Innovation
- Lead the product roadmap for bond issuance services, including digital bonds, multi-currency offerings, structured products, and convertibles.
- Collaborate with Risk & IT teams to launch compliant, scalable solutions that address evolving client needs and competitive trends.
- Drive process automation and adopt technological innovation e.g., blockchain and AI analytics, to enhance the Company’s value proposition and operational agility.
- Market Infrastructure Connectivity & Partnership
- Spearhead initiatives to expand connectivity with domestic/international CSDs and clearing houses to facilitate seamless cross-border settlement.
- Negotiate bilateral/multilateral agreements with market infrastructure providers.
- Monitor global CSD development and regulatory shift to proactively adapt our connectivity strategy.
- Leadership & Governance
- Lead, mentor, and develop a high-performing team, fostering a culture of accountability, innovation, and excellence.
- Ensure strict adherence to regulatory requirements, internal policies, and risk management frameworks.
- Represent the company at high-level industry forums and regulatory consultations, positioning it as a thought leader in the global CSD space.
Requirements
- University degree in Finance, Business Administration, Economics, or a related field.
- At least 8 years in capital markets, with 5+ years in senior leadership within CSDs, clearing houses, or securities infrastructure.
- Proven track record in business development and strategic partnerships in Asian/global bond markets, with specific expertise in the Chinese Mainland.
- Deep understanding of bond issuance, settlement, custody, and collateral management.
- Strong grasp of securities settlement systems and cross-border connectivity frameworks. Experience with digital bonds or multi-currency platforms is a strong advantage.
- Demonstrated success in leading and mentoring teams to achieve operational excellence.
- Fluent in English and Mandarin Chinese (both oral and written).
- 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:
- Online application
*Online application will be temporarily suspended from 7 November 2026 14:00 to 8 November 2026 14:00 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 7 November 2026 (1:00 p.m.). 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.
