OTC Team Leader (Hedge Fund) OTC Team Leader (Hedge Fund) …

Pacific Focus
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive Package
Pacific Focus
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Be the first to apply
Competitive Package
A reputable US bank is looking for a senior candidate with operations and managerial experience to join their Hedge Fund Services department.

Responsibilities

  • Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work.
  • Affirms OTC trades from prior trade date.
  • Ensures timely receipt of electronic-based OTC confirmations from trading counterparties.
  • Ensures accuracy of transaction agreements and modifications.
  • Assists swap confirmation team in covering all OTC products such as total return swaps, equity options, structured equity products, convertible bond options, credit defaults and fixed income products.
  • Processes all aspects of periodic resets for vanilla and exotic IRS, CDS, and TRS products.
  • Manages the settlement of swap cash flows associated with OTC products, including unwinds, quarterly fees, resets, and premiums.
  • Assists in proper operational reflection of OTC trades.
  • Reviews booking of corporate actions and dividends/coupons to ensure it affects the position and p/1 properly.
  • Assist in developing and implementing projects and software which promote automation and efficiency as well as work with IT in the development/enhancement of trade entry.
  • Efficiently identifies and resolves transaction discrepancies between firm and swap counterparties.
  • Assists in the training of staff globally.
  • Operates independently; has in-depth knowledge of business unit / function.
  • As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
  • Carries out activities that are large in scope, cross-functional and technically difficult.
  • Role is balanced between high-level operational execution and development, and execution of the strategic direction of business function activities.
  • Conducts performance management and career development processes and staffing and disciplinary actions.
  • Provides input and support to the budget management process.

 

Requirements

  • College or University degree and/or relevant proven work experience is preferred
  • 7-10+ years OTC derivatives experience
  • In-depth OTC derivatives knowledge is mandatory
  • Prior people management experience is mandatory
  • Experience with Markitwire, DTCC, ICE Link is preferred
  • Excellent oral and written communication skills are required
  • Strong excel knowledge
  • Highly flexible and adaptable to change
  • Technical skills / systems knowledge is required
  • Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff
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