Vice President, Investment Operations Section, Operations Centre

Job Summary

This position manages Investment Operations Section of OPC by planning, organizing, staffing, directing and controlling the full range of transaction processing activities.

Investment Product coverage: Securities Settlement, Corporate Action Settlement, IPO, Mutual Fund, Bond and Structure Note

Responsibilities

• Lead the team to support the operation services of Investment Operations Section in achieving operational efficiency and effectiveness for Retail and Wealth Management Client
• Manage & monitor the implementation of new systems, launch of products, and departmental & cross-departmental projects in accordance to the business strategies
• Drive automation, process optimisation and applying new technology solution to day to day operation
• Develop and implement comprehensive operational procedures, and ensure control and compliance with operational risk management standards, regulatory requirements, and service agreement in all areas of the team
• Liaise with different stakeholders (i.e. client, insurance companies, regulatory bodies, and etc) in supporting the daily operational activities & resolve any operational issues of the team
• Handle compliant, requests, enquiries from different internal and external stakeholders including internal audit, Compliance, regulatory bodies requests, and etc
• Support the business as the subject matter expert to launch the new investment products, services, and distribution channels
• Work collaboratively with different stakeholders and to identify the best practices, and contribute the success of the Bank
• Define & implement KPI measurement across the team & use the data for operations and performance management
• Ensure competency across the team of the necessary skills and knowledge to complete all required tasks
• Identify area of improvement, development and opportunities of the team, and drive productivity & operational excellence
• Responsible for the overall resources and performance planning of the team

Requirements

• Degree holder preferable in Business, Finance, Accounting or other relevant disciplines
• Minimum 15 years of relevant banking experience with at least 5 years management experience in relevant investment operations
• Sound knowledge in process improvement methodologies plus demonstrated experience in effective control and change management in operational environment
• Strong communication, interpersonal and analytical skills;
• Strong leadership, management and interpersonal skills
• Thorough understanding of different financial instruments & operations flow
• Practical knowledge of operating risk, compliance policies and procedures
• Strong problem solving and influencing skills
• Proficiency in both spoken and written English and Chinese.
• Familiar with the regulatory requirements (i.e. HKMA & SFC) & markets practices