Director (Internal Audit)

The Hong Kong Monetary Authority (HKMA) is charged with the responsibility for maintaining the stability and integrity of the monetary and financial systems of Hong Kong.

CMU OmniClear Limited (CMU OmniClear) is a wholly owned subsidiary of CMU OmniClear Holdings Limited, which is jointly owned by the Exchange Fund (as the majority shareholder) and Hong Kong Exchanges and Clearing Limited (as the minority shareholder).  It carries out the operation and business development activities of the Central Moneymarkets Unit (CMU) on behalf of the HKMA.  As part of the critical financial market infrastructure in Hong Kong, CMU is a central securities depository (CSD), providing secure and efficient clearing, settlement and custodian services for securities. CMU OmniClear’s vision is to continuously enhance CMU service coverage, expand connectivity with other markets and upgrade the CMU infrastructure to provide market participants with comprehensive and quality services.

We now invite eligible candidates to join our dynamic and inclusive company for the exciting opportunity below:

Director (Internal Audit)

Key Responsibilities

Strategic Audit Leadership & Execution

• Design and execute risk-based internal audit frameworks aligned with global IIA standards and departmental strategy.
• Lead comprehensive audits across custody, clearing operations, settlement, and core corporate functions.
• Provide audit assurance and advisory services to drive organizational resilience and alignment.
• Deliver high-quality, executive-level audit reports and strategic insights to the Head of Internal Audit and senior leadership.

Technical & Operational Risk Governance

• Govern risk assessments for fixed-income depository operations, collateral management, liquidity facilities, and cross-border networks (e.g., Bond Connect).
• Oversee integrated financial and IT audits, with a focus on institutional data security, clearing engine resilience, and operational controls.
• Establish robust tracking frameworks to ensure timely remediation of control deficiencies by business units.

Executive Stakeholder Alignment

• Cultivate consultative partnerships with Department Heads and C-suite executives to drive risk awareness and control maturity.
• Collaborate with the Head of Internal Audit to prepare strategic governance materials for the Audit Committee.
• Serve as the point of contact for external auditors, ensuring seamless compliance and communication.

Requirements

• University degree in Accounting, Finance, Risk Management, or a related field
• At least 8 years of relevant experience in a well-established financial organisation or a leading financial institution
• Mandatory professional certification as a CPA, CA, or CIA.
• Preferred technical designations such as CISA or FRM are highly valued.
• Sophisticated understanding of HKMA regulations, compliance standards, and regulatory expectations.
• Elite written and spoken proficiency in English and Chinese (including Cantonese and Mandarin).
• Decisive project leadership with a proven track record of driving institutional audit schedules.
• High data literacy with the ability to leverage data metrics to pinpoint systemic control gaps.
• Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above

(Candidates with less experience may be considered for an offer of appointment at Associate Director level)

Conditions of service

• 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

How to apply:

You may submit an application via one of the following channels:

1. Online application
2. By Mail

Send in the hard copy application form (available either at the HKMA’s reception counter or website https://www.hkma.gov.hk) to:

Recruitment Officer

Hong Kong Monetary Authority

55/F., Two International Finance Centre

8 Finance Street, Central, Hong Kong

Copies of transcripts together with a full resumé including details of past experience should be attached to the application.  Please mark your correspondence address and the position applied for on the envelope.

Completed application should reach the HKMA, via the designated submission channel, by 26 September 2026.  Applicants may wish to submit their applications in advance of the deadline to allow for any unexpected delays, e.g. with internet traffic, including file size restrictions and system maintenance downtime.  Those not contacted by CMU OmniClear within three months from the closing date for applications should consider their applications filed for future reference.

CMU OmniClear is an equal opportunities employer and welcomes application from all qualified candidates.  All information provided will be handled strictly in accordance with our personal data policy, a copy of which will be provided upon request.  You may contact the Recruitment Officer at the above address.

The Online Application System is scheduled to perform regular system maintenance from Hong Kong time 6:00 a.m. to 8:00 a.m. every Wednesday.  During this time, online application will not be available.

Learn more about the business of CMU OmniClear: www.CMUOmniClear.com.