SM, Operation - MNC Brokerage

Job Summary This role will oversee all operational functions of the securities firm, ensuring efficiency, compliance, and seamless execution of front-to-back processes. This role requires strong leadership, deep knowledge of Hong Kong securities regulations (SFC, HKEX), and expertise in trade settlement, clearing, custody, and risk management. The ideal candidate will drive operational excellence while mitigating risks in a fast-paced trading environment.

FortisHill Consulting Limited - Hong Kong - Full time

Salary: Salary Negotiable

 

Key Responsibilities

1. Operational Leadership & Strategy

  • Lead and optimize the Operations team (trade support, settlements, reconciliations, corporate actions, etc.).
  • Develop and implement scalable operational policies to support business growth.
  • Ensure alignment with front-office (trading/sales) and middle-office (risk/compliance) teams.

2. Trade Lifecycle Management

  • Oversee trade confirmation, settlement (DVP/RVP), and fails management for equities, fixed income, and derivatives.
  • Monitor HKEX/CCASS, Euroclear, Clearstream, and global custodian interactions.
  • Resolve discrepancies in trade matching, corporate actions, and proxy voting.

3. Regulatory Compliance & Risk Control

  • Ensure adherence to SFC and HKEX regulations (e.g., Client Asset Rules, AML/CFT).
  • Implement robust controls for operational risk, fraud prevention, and business continuity (BCP).
  • Liaise with internal audit, compliance, and external regulators for inspections.

4. Technology & Process Improvement

  • Drive automation (e.g., straight-through processing (STP), RPA, AI) to reduce manual errors.
  • Partner with IT to upgrade OMS, EMS, and post-trade systems (e.g., Bloomberg, FIX protocols).
  • Optimize cost efficiency in brokerage, custody, and clearing fees.

5. Client & Stakeholder Management

  • Act as the primary contact for prime brokers, custodians, and depository agents.
  • Ensure high service levels for institutional clients, hedge funds, and private banking.
  • Lead projects (e.g., new product launches, market expansions).

 

Qualifications & Experience

  • 10+ years in securities operations, with 5+ years in a leadership role (preferably in a Hong Kong/SFC-licensed firm).
  • In-depth knowledge of:
    • Hong Kong/global securities markets (equities, bonds, derivatives).
    • SFC licensing requirements (Type 1, 2, 4, 9).
    • Settlement systems (CCASS, CMU, SWIFT, DTCC).
  • Strong grasp of operational risk frameworks (Basel III, MAS, Dodd-Frank).
  • Proficiency in Cantonese and English (written/spoken); Mandarin is a plus.
  • Degree in Finance, Business, or related field; CFA/FRM/CPA preferred.
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