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 infrastructure in Hong Kong, CMU is a central securities depository (CSD) for securities.  CMU OmniClear’s vision is to develop the CMU into a major international CSD in Asia.

We now invite eligible candidates to join our dynamic and inclusive company for the exciting opportunity below: 

Officer / Co-ordinator (Central Moneymarkets Unit)

Key Responsibilities

• Monitor and handle daily operations of the Central Moneymarkets Unit (CMU), including the lodgement and settlement of debt securities, Bond Connect and fund order routing processes
• Support the development and implementation of system enhancements, and assist various testing activities
• Prepare Management Information System (MIS) reports, operating procedures and guidelines, business contingency plans, etc.
• Provide assistance to stakeholders and users to ensure effective utilization of the platform, addressing feedback, and updating user manuals 
• Perform ad hoc duties as assigned by supervisor

Requirements

• University degree
• At least 2 years of relevant experience 
• Familiarity with the settlement flows of central securities depositories (e.g., CMU, Euroclear, Clearstream) a plus
• Knowledge of local and overseas debt securities settlement systems, SWIFT Alliance and related workflows is advantageous
• Understanding of China market access, particularly in Bond Connect a plus
• Proficiency in Microsoft Office applications, Chinese word processing, as well as Macro and VBA programming
• Strong interpersonal and communication skills, with the ability to work collaboratively in a team environment 
• Excellent analytical skills
• Good command of both written and spoken English and Chinese; proficiency in Putonghua an advantage
• Willingness to work in shifts, including outside normal office hours and under adverse weather conditions as required
• Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above

(Candidates with less experience may be considered for an offer of appointment at Co-ordinator level.)

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:

1. Online application
2. 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 resumé 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 29 March 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.

All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.