Equity Derivatives Trade Support Analyst Jobs, Hong Kong SAR
Department Position Summary:
The Equity Derivatives Middle Office comprises of business-aligned support teams for the equity derivative traders based in Hong Kong. The business covers all Asian markets; with products that range from cash equity to highly structured derivatives.
The trade support middle office is responsible for supporting the traders from an operational perspective and maintaining [INVALID-WORD]nt controls in daily trading activities. The team comprises of both trade support staff and traders' assistants.
Job Responsibilities:
We are specifically seeking trade support candidates with 1-2 years of relevant experience.
This role involves the following functions:
- Understand the life cycle of trades and ensure correct risk capture, correct application of corporate actions, cash flow and settlements
- Perform reconciliations between front office, middle office and back office systems to ensure data capture accuracy and completeness
- Ensure traders are in compliance with rules and regulations in various local jurisdictions
- Perform instrument set-up of listed and OTC market instruments
- Monitor market data capture and ensure its accuracy
- Continuous project work involving process improvement, system implementation and new business initiatives such as new products or new markets
Products Covered:
- vanilla options, structured derivatives, equity swaps, interest rate swaps, listed futures and options. variance swaps, cash equity, bonds, convertible bonds, stock borrow and loan, securitized derivatives
Skills
- Strong proficiency with MS Office and the ability to pick up complex systems architecture easily. Knowledge of VBA / SQL would be an asset
- Previous exposure to equity and equity derivative products preferred. Mathematics, Finance or Science background
- Fluent English language skills (both verbal and written)
Formal Qualifications:
- University graduate
Behavioral Competencies:
- Exceptional attention to detail
- Strong communication and interpersonal skills
- Positive attitude; solid business acumen; strong level of professionalism
- Excellent organizational skills; ability to multi-task in a high-pressure environment
Other Requirements:
This individual will have extensive contact with traders, marketers and external brokers on a daily basis.
Multi-tasking is essential: ensuring that the risk of each transaction is correctly recorded; maintaining a high level of client service, whilst at all times adhering to the controls and policies of the business.
Lastly, the candidate needs to be able to adapt to changing environments and possess the mindset to seek continuous improvement in processes, controls, etc.