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:
Perform day-to-day fund administration operation tasks, including record keeping, reconciliation, trade processing, subscription/redemption processing, securities master and price processing, NAV production, client reporting, etc.
Liaise with relevant parties; manage end-to-end processing procedures and closely work with Custody Team, Banking teams and external client contacts
Collaborate with Custody Team and Banking teams to resolve client issues, and to improve client experience with our delivery
Maintain documentation on operating procedures and operating guideline related to fund administration, and on SOP related to client product specification and customized requirements
Optimize workflow so as to enhance operating efficiency and cost-effectiveness
Assist in the system and procedure set up on fund administration operation process.
Assist Securities Services Team to provide professional Fund Administration expertise in relation to custody, fund admin and other related services
Perform other duties as delegated and assigned by the management
Requirements:
Degree holder in Account, Economics, or Finance or related discipline
Minimum 5 years of relevant work experience in related areas in Fund Administration
Possess the required qualifications and license under SFC requirements for providing depositary services for relevant CISs preferred
Possess the qualification of Certified Public Accountant (CPA) will be an advantage
Comprehensive knowledge of investment fund operations and securities market operations as well as accounting principles (HKFRS, IFRS, GAAP, etc)
Familiar with regulatory requirements (esp. HK SFC) of collective investment scheme/mutual fund/unit trust
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.
