Associate Director (Product Development) (CMU OmniClear vacancy)

• Support the execution of the global custody product strategy, including input into service model enhancements, platform development initiatives, and go-to-market positioning
• Contribute to the design and documentation of the operating model for custody services, covering process flows, functional responsibilities, system ennoblements and service locations, to support scalable, compliant and client-focused service delivery
• Assist in the development and refinement of the commercial and business model, including pricing structure, service tiers, and revenue sustainability
• Collaborate with Operations, IT, and Risk teams to build scalable, efficient custody workflows covering settlement, safekeeping, and asset servicing
• Lead custody product development initiatives, from requirement gathering and user story development to UAT and rollout planning
• Engage with clients, sub-custodians, and internal stakeholders to validate needs, co-develop features, and ensure service differentiation
• Monitor global market infrastructure and regulatory changes and assess product and operational impact

• University degree preferably in finance, business administration, or related fields
• At least 8 years of relevant experience in global custody, securities services, with demonstrated expertise across custody operations and/or product development
• Proven track record in designing custody services, including workflow definition, platform enhancement, and operating model development
• Strong understanding of settlement cycles, safekeeping, corporate actions, income processing, and reconciliations, both from operational and system perspectives
• Experience working with custody technology platforms and industry standards such as SWIFT, ISO 20022
• Familiarity with market practices and regulatory frameworks across key global and regional markets
• Ability to translate client and business needs into product requirements, operating models, and service blueprints
• Strong project management capability: experience leading product initiatives from design through implementation (e.g. UAT, documentation, rollout planning)
• Excellent communication and stakeholder management skills - able to work across functions, including operations, IT and compliance, and engage clients, vendors, and sub-custodians
• Strategic thinker with a practical mindset: comfortable balancing long-term vision with executional detail
• Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above

• Appointment will be offered by CMU OmniClear
• A competitive remuneration package will be offered. There is flexibility to take account of additional experience and qualifications
• Fringe benefits include medical and dental benefits and paid annual leave

香港金融管理局