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:
Head of Information Technology
Key Responsibilities
Reporting to the CEO, this role will be responsible for developing and managing CMU OmniClear’s in-house IT systems and CMU infrastructure. Key responsibilities include:
- Oversee the full technology lifecycle of mission-critical financial systems, including core platform architecture, middleware, APIs, infrastructure, and data security
- Lead IT strategy and execution for enterprise systems integration, vendor onboarding, and platform development aligned with business and regulatory requirements
- Manage multi-disciplinary teams across application support, architecture, cybersecurity, and infrastructure, ensuring system resilience, scalability, and compliance
- Direct vendor engagement: from RFP and contract negotiation to service performance monitoring for third-party platforms
- Ensure secure and compliant data management practices, including encryption standards, data retention, access controls, and adherence to local and cross-border regulations
- Collaborate with business stakeholders, product teams, and external partners to align IT deliverables with strategic objectives and timelines
- Oversee project delivery in build and run phases, ensuring delivery KPIs, budget control, and business continuity readiness
- Establish incident response protocols, DR capabilities, and monitoring across all business-critical systems
Requirements
- University degree in Computer Science, Information Systems, or related field is preferred
- At least 12 years of relevant IT leadership roles within financial institutions or market infrastructure organizations, with a strong track record managing enterprise-scale platforms
- Deep knowledge of enterprise system architecture and modular design, including system integration, microservices, messaging protocols (e.g. MQ, RESTful APIs, ISO 20022/15022), and full-stack development workflows
- Proven experience with SWIFT systems, including Alliance Access/Cloud, HSMs, RMA, and SWIFT Customer Security Programme (CSP) compliance requirements
- Skilled in infrastructure planning and deployment across on-prem and cloud environments, containerization, virtualization (VMWare), and system observability (e.g. monitoring/logging frameworks)
- Strong understanding of system security and resilience, including encryption standards, tokenization, PKI, and implementation of regulatory-grade security controls
- Demonstrated ability to manage third-party vendors across RFP, contract, implementation, and SLA and performance oversight, especially for mission-critical platforms with high throughput and availability requirements
- Effective leader of cross-functional teams (architecture, development, support, cybersecurity), with clear communication across technical and business stakeholders
- Prior experience working with regulatory requirements and operational standards in capital markets, payments, or post-trade environments
- Excellent verbal and written communication skills, capable of conveying complex technical concepts to non-technical stakeholders
- Strong analytical and problem-solving skills, with the ability to collaborate with stakeholders and senior management to identify and address issues
- 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 6 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.
