Hong Kong
Corporate Operations Group (COG) provides specialist professional services, human resources, workplace infrastructure, and technology and market operations to Macquarie's businesses. The primary purpose of COG is to support and enhance the value of Macquarie through the creation of an efficient, scalable operating model. This is evident across the activities of each of the divisions which comprises of Business Improvement and Strategy Division (BIS), Business Services Division (BSD), COG Business Management, Human Resources Division (HR), Market Operations and Technology.
Macquarie Securities Group (MSG) encompasses Macquarie's institutional stock broking, equity derivatives and equity finance activities. MSG utilises its skills in research and risk management to develop equity-based financial solutions and services for clients globally.
Macquarie Securities Group Documentation team is employed in a Middle Office capacity to provide operational support to the Macquarie Securities Group derivatives and Delta 1 trading business.
Key Responsibilities:
- Review and improve current processes to ensure appropriate controls and procedures are in place to comply with ISDA requirements and minimise operational risk.
- Involvement in new project initiatives to streamline and improve current system processes.
- Key point of point of contact for the Business and other key stakeholders in regards to confirmation or affirmation, ISDA queries, outstanding confirmations and the inherent risk associated with them.
- Drafting and reviewing ISDA legal confirmations across a variety of Equity Derivative Products (including but not limited to Accumulators, de-accumulators, Equity Swaps, Futures Swaps, Vanilla and Exotic OTCs).
- Key point of contact for new confirmation templates and ISDA queries.
- Resolve client and internal department queries.
- Responsible for maintaining templates within in house documentation system, including re-building of templates involving XML tagging.
- Liaising with front office support group, middle offices, traders, lawyers and external clients to facilitate the mutual agreement and reconciliation of financial and legal terms between Macquarie and external parties for every equity derivative transaction.
- Keep informed of current ISDA practices in order to ensure that future industry developments are considered for incorporation into current Macquarie procedures.
- Maintain the highest level of client service.
- Ensure relevant risk measures are adhered to at all times.
- Other documentations and client communications as required.
To be successful, you will:
- Hold appropriate tertiary qualification in a legal, finance or business related discipline.
- Have at least 4 years ISDA experience and able to demonstrate strong technical ISDA skills specifically for Equity products.
- Display a good understanding of operational risk, a keen interest and understanding of the financial markets and equity derivative instruments.
- Ideally have team management experience, candidates who display leadership potential will also be considered.
- Have had active involvement in change programs whereby you have made valuable contributions to projects and process improvements.
- Possess strong numeracy skills and a high level of attention to detail and accuracy.
- Have the aptitude for understanding a variety of systems and procedures.
- Be highly motivated, a self-starter, with strong communication, relationship building and leadership skills.
- Submit a covering letter and concise resume (as one document).
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