About Us: Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by: a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions); b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China; c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).
Job Description:
Manage a team of 3 FTE and run end-of-day and intraday margin calculations under ISDA/CSA, GMRA, GMSLA, CCP rulebooks
Issue and respond to margin calls within agreed deadlines; follow up on outstanding calls.
Instruct collateral movements and confirm receipt/release with counterparties and custodians.
Reconcile collateral positions and clear breaks before market open.
Participate in New Product Approval (NPA) internal discussion forum as collateral management representative, assess impact on new product/market; Integrate new process to ensure efficiency and controlled workflow is in place to support the collateral management on new products/market roll out.
Supervise team members or direct participate in UAT margin models, workflow queues and reporting templates; sign off before go-live.
Monitor uncollateralized exposures, failed delivery counts and segregation breaches; escalate breaches immediately. Prepare daily MI for senior management
Compile regulatory returns on collateral quality, concentration and re-hypothecation.
Identify manual touch-points; Take the lead to optimize E2E collateral management processing.
Qualifications:
10 years + of experience in banking operations with a minimum of 2 years experience on Collateral Management
Bachelor’s Degree in Finance, Economics, Business Administration or related disciplines
Solid product knowledge on OTC Derivatives, including front-to-back processing workflow
In depth understanding of margin/collateral processes and collateral portfolio reconciliations
Ability to work on own initiative and communicate effectively
Organized and efficient with ability to multi-task
Strong risk management and control mindset
Diligent, committed and able to work under pressure and tight timelines
Advantageous to have knowledge of Cloudmargin, Clearstream, Euroclear and Calypso.
Good command of spoken and written English and Chinese (Cantonese & Mandarin)
