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Senior Manager - Intermediaries Supervision, Intermediaries

Ref.: SFC/SM/IS/INT/211105

Intermediaries Supervision Department is seeking a high calibre candidate to join as a Senior Manager to support its challenging profile of work.

Reporting to the Director, you will be part of a team to supervise intermediaries with a focus on their business conduct, financial and operational risks. An area of increasing importance for this role will be the supervision of regulated activities related to virtual assets. The team also covers certain other FinTech areas, such as machine learning and electronic data storage in cloud.

Duties & Responsibilities:

  • Provide technical assistance in assessing the licensing applications by virtual asset trading platform operators and virtual asset fund managers, and proactively supervise licensed entities in the virtual asset sector
  • Provide thought leadership in evaluating key business drivers, risk profile and internal controls of virtual asset trading platform operators and virtual asset fund managers, as well as in policy development for the virtual asset sector
  • Supervise the business conduct, financial and operational risk of intermediaries across a range of regulated activities in traditional asset classes, including hedge fund managers, mutual fund managers and credit rating agencies
  • Proactively identify market-wide, industry and firm-specific risk issues and assess their impact on intermediaries, including developments in the rapidly evolving virtual asset space
  • Formulate effective regulatory responses and policy initiatives to address key issues identified
  • Interact dynamically with senior management of intermediaries, communicate our regulatory standards and policies to the market, engage with stakeholders and speak at different forums in relation virtual asset related regulatory issues
  • Monitor global as well as local policy, industry and market developments to assess intermediaries’ practices and operational controls with respect to new products or activities, and contribute to the assessment of local and global sectoral risks; and
  • Monitor global and local financial market dynamics, and gather market intelligence from intermediaries, especially during market stress.


  • At least 10 years’ financial industry experience in financial or operational risk control, with coverage of technology risks
  • Practical experience of virtual asset trading, custody, fund management or payments
  • Solid understanding of the technical drivers of blockchain technology underlying virtual assets and the virtual asset ecosystem, proficiency with cryptographic techniques
  • Detailed knowledge of financial products in multiple asset classes from a trading, risk management or operations perspective, preferably gained from leading global financial institutions on buy and sell side
  • Experience in programming or software engineering, systems architectures (such as OMS/PMS/EMS or risk management systems), or automated trading systems (such as high frequency trading or quantitative trading)
  • Strong analytical and problem solving skills, proven ability in data analytics, able to deliver actionable insights and apply sound judgement to prioritization
  • Good at defining problems, developing analysis, articulating views, responding to objections, and challenging business practices. Able to present arguments and analysis confidently, clearly and concisely
  • Excellent ability to communicate to technical and non-technical stakeholders; and
  • Well organized and able to manage multiple assignments concurrently.

Desirable Background:

  • Knowledge of SFC rules and regulations applicable to intermediaries
  • Knowledge of cyber risk management
  • Chinese language proficiency.


Please quote the reference and apply by 31 December 2021 with details of qualifications, previous experience, current and expected salary to:

Recruitment Manager
Securities & Futures Commission
54/F, One Island East
18 Westlands Road, Quarry Bay, Hong Kong
(E-mail address : is_recruit@sfc.hk)

All applications will be handled in strict confidence by authorised personnel and will only be used for recruitment related purposes. Applicants who do not hear from us within six months from the application deadline may consider their applications as unsuccessful. All information on unsuccessful candidates will be destroyed after six months.


Last update: 5 Nov 2021

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