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 KongJob Responsibilities:
• Ensure all trades are booked in a timely and satisfactory manner
• Ensure all daily, monthly and quarterly position reports are delivered in accordance with
internal requirements
• Handle the setup for limits, issuers and securities in internal system
• Review and maintain trading limits with major counterparties
• Assist with credit reviews for existing bond issuers and credit proposals for new bond
issuers
• Assist with hedge accounting documentations
• Assist with bond trade executions
Requirements:
1. Education Qualification: Bachelor’s degree or above
2. Working Experiences: 1-2 years working experience is preferred
3. Professional Qualification / HKMA Enhanced Competency Framework Qualification / Professional Examination / License:
• Possess the required qualifications and license under SFC requirements.
4. Business Knowledge
• Basic knowledge on rates and credit market.
• Basic knowledge on HKMA guidelines and relevant regulatory framework, etc.