DERIVATIVES MIDDLE OFFICE / OPERATIONS - MANAGER / SENIOR MANAGER

  • competitive package
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Recruitment Intelligence Consultants Limited
  • 26 Apr 18 2018-04-26

A global financial institution is looking for a high caliber professional to join as Derivatives Middle Office/ Operations - Manager / Senior Manager. The position is based in Hong Kong.

  • Global Financial Institution
  • Excellent Compliance Opportunity

Our client is a global financial institution with Regional Asia Pacific Office in Hong Kong.  They offer a wide range of financial services and investment management products to institutional investors and corporations worldwide.  They are currently seeking for a high caliber professional to join them.

Provide advisory, analytical, project management and/or implementation services to business units in the roll-out of new derivatives products or strategies in support of business objectives for General Fund and Third Party businesses.  Be responsible for expanding counterparty choices of derivatives trading for the business by ensuring internal approvals / system readiness and external counterparties / cutodias set-up. Liaise with global and Asian offices to share best practices and establish consistent derivative onboarding policies and procedures with global and Asian offices. Support senior management & external reports, one-off issue resolution and operational activities as the need arises from the derivative space. Assist in Investment Operations onboarding for new fund launches, new client mandates. Establish good working relationships across operations system support and other business units to generate workable solutions and resolve issues quickly. Fully understand business unit requirements, products and timelines. Conduct qualitative and quantitative research into the business models of assigned business units to formulate a clear picture of the business model and understand the linkage between the products, the liabilities incurred, and the supporting assets and derivatives, and the reasons for certain management strategies being employed.

To qualify for the position, you should be a University graduate with a minimum of 6 years of relevant experience in the securities industry and/or investment operations. Hands-on experience with listed and OTC derivatives especially on onboarding, trading agreements, valuation, settlement and collateral management processes. Working knowledge of exchange-traded and OTC derivatives. Knowledge in hedge accounting for derivatives under IFRS, U.S. GAAP or Japan GAAP would be an asset. Knowledge of ISDA documentation will be a plus. 

Sound understanding of the roles and responsibilities of the various business units that interact in a new fund launch, new client mandate, portfolio restructuring within an asset management company and/or custodial environment is a definite plus.

Interested applicants should send a detailed resume to Michelle Ho by email to mho@ric.com.hk or by fax to (852) 2838 3323 quoting reference eFC2890.

(Applicants not contacted within 4 weeks should consider their application unsuccessful.)