Key Responsibilities

For Execution Team
· Conduct financial analysis of individual financial institutions, assess their systemic importance, and analyse the commercial and global banking operations, payment services and trading portfolios they provide
· Develop feasible and credible resolution plans for authorized institutions (AIs) as well as to determine and oversee the necessary structural changes at AIs required to remove barriers to resolvability
· Work with overseas authorities in the Financial Stability Board’s (FSB’s) Crisis Management Groups to establish coordinated resolution plans for cross-border financial groups containing AIs operating in Hong Kong, putting in place cooperation agreements, agreeing resolvability assessments and joint actions needed to facilitate orderly cross-border resolution
· Contribute to contingency planning to prepare for potential resolutions of individual AIs

For Policy Team
· Strengthen Hong Kong’s statutory and regulatory framework for the resolution of financial institutions, including through the development of rules and regulations under the Financial Institutions (Resolution) Ordinance (e.g. local regulations to implement the FSB’s

Total Loss Absorbency Capacity requirements)
· Contribute to and negotiate international policy initiatives on resolution regime reform with a view to securing satisfactory outcomes for Hong Kong
· Monitor and interpret international developments on resolution to secure their effective transposition into Hong Kong law to achieve compliance with relevant international standards

Requirements
· University degree with excellent academic performance
· At least 5 years of relevant experience for the post of Senior Manager and 3 years for the post of Manager
· Good problem-solving and analytical skills, preferably with a track record of project management and delivery
· Be a self-starter, highly motivated and capable of working autonomously, often to tight deadlines and under pressure during busy periods. Also has the ability to work effectively and efficiently as part of a team
· Knowledge of the structure and operations of financial institutions, with a sound understanding of the key elements of balance sheets and a broad understanding of financial markets
· Able to influence key stakeholders (including at the most senior management levels) with a track record of delivering results through building and maintaining strong working relationships
· Strong communication skills are essential, both written and oral, as the job will involve significant external representation.

Closing Date for Application: 27 August 2016.