Mandatory Reference Checking Scheme (“MRC”) for Hong Kong
The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.
For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines ( https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.
Country of Location:
China Hong Kong
Job Responsibilities:
• Provide appropriate quotes and market colors for repo and funding products to TMG Marketers.
• Ensure all the documentation and communication with dealers and marketers/customers meet legal and compliance requirements.
• Ensure deal executions with both internal desks and external inter-bank counterparties follow the Bank’s internal procedures and are compliant with set regulations.
• Develop the best practice and procedure and interaction with both middle office and internal support functions for smooth and high quality operation and control.
Requirements:
1. Education Qualification:
• Degree holder in Economics or Finance or related discipline.
2. Working Experiences:
• Minimum 6-7 years working experience in sales/ structuring/ trading on various financial products with banks.
3. Professional Qualification / HKMA Enhanced Competency Framework Qualification / Professional Examination / License:
• Possess the required qualifications and license under SFC for dealing in securities;
• Holder of Certified Senior Treasury Management Professional (CSTMP) under the HKMA ECF on TM is preferred.
4. Business Knowledge
• Possess in-depth knowledge and practical experience in pricing of vanilla and exotic derivative and fixed income.
• Knowledge on HKMA guidelines and relevant regulatory framework.
China CITIC Bank International Limited (“CNCBI”), a major offshore platform of commercial banking business of the CITIC Group, is 75%-owned by CITIC International Financial Holdings Limited (“CIFH”), which in turn is a wholly-owned subsidiary of China CITIC Bank Corporation Limited (“CNCB”).
China CITIC Bank International’s footprint includes 21 branches, two business banking centres and one private banking centre in Hong Kong, as well as branches in the US, Singapore and Macau, China, while providing banking services on the Chinese Mainland through our wholly-owned subsidiaries.
Across a century, China CITIC Bank International has grown together with its employees, customers and partners since 1922 and will continue to move towards its vision of “Agile. Professional. Simple.” in adherence to the 4C (Culture, Customer, Collaboration, Cyberspace) core values while driving actively its missions to “create value for customers, seek happiness for employees, make profit for shareholders, perform responsibility for society”.
More information about China CITIC Bank International can be found on its website at www.cncbinternational.com.
