Operations Management – Collateral Management – Team Head

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:

Operational Leadership & Trade Management:

• Team Management: Lead, mentor, and develop a team of 6 FTEs, managing day-to-day margin payments and receipts under ISDA/CSA, GMRA, GMSLA, and CCP rulebooks, ensuring adherence to SLAs and regulatory timelines.
• Margin Lifecycle: Oversee the timely issuance and response to margin calls (Initial & Variation), proactively escalating and following up on outstanding calls to minimize credit exposure.
• Settlement Integrity: Instruct collateral movements and confirm receipt/release with external counterparties and global custodians (e.g., Clearstream, Euroclear), ensuring accurate settlement of cash and non-cash assets.
• Reconciliation: Drive the daily reconciliation of collateral positions and trade populations, ensuring all breaks are investigated and cleared prior to market open.

Strategic & Change Management:

• New Product Approval (NPA): Act as the primary Collateral Management representative in internal NPA meeting. Assess the impact of new products/markets on margin frameworks, ensuring robust and controlled workflows are integrated prior to rollout.
• Technology & UAT: Supervise team members or directly participate in User Acceptance Testing (UAT) for margin models, workflow queues, and reporting templates; provide final sign-off before go-live.
• Process Optimization: Identify manual touch-points and inefficiencies (e.g., high-touch EUC tools). Lead strategic initiatives to optimize the End-to-End (E2E) collateral management processing, leveraging automation and data visualization tools.

Risk & Control:

• Exposure Monitoring: Continuously monitor uncollateralized exposures, failed delivery counts, and segregation breaches. Escalate potential risk incidents to senior management immediately.
• Regulatory Reporting: Compile and review regulatory returns pertaining to collateral quality, concentration limits, and rehypothecation rights, ensuring compliance with global standards (e.g., Uncleared Margin Rules).
• Management Information (MI): Prepare and present daily MI packs to senior management, highlighting key metrics, risk indicators (KPIs/KRIs), and operational performance.

Qualifications:

• Minimum 15 years’ experience in Banking Operations, with a minimum of 5 years dedicated specifically to Collateral Management (including management or supervisory experience).
• Education: Bachelor’s Degree in Finance, Economics, Business Administration, or a related discipline
• Deep understanding of OTC Derivatives (including Interest Rate Swaps, Credit Default Swaps, FX), Repo, and Securities Lending, with a view of the front-to-back processing workflow.
• In-depth understanding of key legal documents: ISDA/CSA, GMRA, and GMSLA.
• Expert knowledge of collateral portfolio reconciliations and dispute resolution mechanisms.
• Organized and efficient, with the ability to manage multiple priorities, work under pressure, and meet tight deadlines
• Diligent with a strong risk management and control mindset; ability to identify process gaps and implement controls.
• Excellent command of spoken and written English, Cantonese, and Mandarin. Ability to articulate complex exposure issues to traders, senior management, and external counterparties effectively.
• Advanced MS Excel (including VBA/Macros for data analysis).
• Experience with specific vendor platforms: Cloudmargin, Clearstream, Euroclear, and Calypso is highly advantageous.