Description

Job Objective

The primary objective of this role is to lead and drive the portfolio management space for Corporate Treasury Hong Kong. You will be responsible for effectively managing the High Quality Liquid Asset (HQLA) bond portfolio performance in accordance with the portfolio mandate and balance sheet objectives steered by the HK ALCO. Additionally, you will support ALCO in forming macro views, identifying market opportunities, and recommending investment strategies for the balance sheet.

Job Responsibilities

• Lead and drive the portfolio management space for CT Hong Kong, effectively managing the HQLA bond portfolio performance in accordance with the portfolio mandate and balance sheet objectives steered by HK ALCO
• Assist CT and HK ALCO in formulating macro views for the Hong Kong/China market, as well as rates, fund flows, and FX for these markets
• Leverage macro and market analysis, along with quantitative approaches, to identify market opportunities and recommend investment strategies for the HK Franchise balance sheet, presenting these effectively to ALCO/senior management
• Work in close partnership with the Group Portfolio Management function in Group CT for alignment of investment views and portfolio decisions. Provide local insights for Hong Kong/China markets for Group macro views
• Maintain a strong understanding of the HK Franchise balance sheet objectives and relevant constraints to ensure alignment with portfolio management strategies and to effectively deliver robust net interest income, duration management, risk & liquidity management through the portfolio
• Maintain close on-the-ground engagements with Business Units, including Global Financial Markets desks, to understand and share the latest market and business drivers impacting the balance sheet
• Possess a strong understanding of market and liquidity risk frameworks to ensure all central operations market risk limits are adhered to from portfolio management and related funding activities
• Be comfortable using and experimenting with various analytics tools, including AI tools, to provide data-driven insights into macro and market trends, risks, and mitigation strategies, leading to increased balance sheet efficiency
• Assist the Corporate Treasurer on other Bank-wide strategic projects or cross-unit collaboration initiatives, including recovery and resolution planning for funding and liquidity/HQLA mobilization

Job Requirements

• Significant buy/sell-side markets experience (at least 8-10 years) in investment/portfolio management
• Proven experience managing a fixed income portfolio with strong knowledge in investment products within the HQLA bond portfolio. Familiarity with quantitative methodologies will be an advantage
• Strong market knowledge and execution experience with a good track record in relevant areas (e.g., fixed income investment, macro trading, cross-asset strategies)
• Product coverage should include a broad range of HQLA fixed income products, including MBS instruments, covered bonds, callables, etc. Familiarity is also required with USD/HKD/CNH rates, G7 bonds and swaps, cross-currency swaps, and FX instruments
• Understanding of key drivers of balance sheet management - funding & liquidity, capital
• Ability to keep abreast of the macro-economic environment and its implications on funding markets/liquidity conditions.
• Possess strong analytical, communication, and interpersonal skills for stakeholder management
• A self-starter with a demonstrated ability to multi-task, adapt quickly to dynamic environments, and deliver against tight deadlines
• Motivated to establish and drive projects within Finance and with the Group
• Candidates with abilities in quantitative analytics and data science are preferred
• University degree holder with CPA/CFA/FRM qualifications and/or Certified Treasury Management Professional under HKMA's Enhanced Competency Framework in Treasury Management (ECF-TM)

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location:
The Center

Job:
Corporate Treasury

Schedule:
Regular

Employee Status:
Full time