Operations HK, Equity Swap Trade Support, Analyst / Associate recruitment

Position Category: Operations

Position Title: Operations HK, Equity Swap Trade Support, Analyst / Associate

Job Level: Analyst/Associate

Location: Hong Kong - Hong Kong

Education Required: Bachelors Degree

Position Description:
An opportunity has arisen in the Equity Swap Trade Support Team. The group supports the Delta One Structured Products Business Unit and is responsible for managing the creation, events, exercise and expiry of equity swap products. In addition the team play a central role in facilitating and supporting new business and market initiatives. We are looking for a resourceful and dedicated Analyst/Associate who will embrace change and participate in process reviews and systems development initiatives. The individual must be extremely control focused and pro-active in strategically resolving issues raised by operations, the BU or other downstream functional areas.

The Analyst/Associate will be responsible for the following:
•Identification of process improvements, both strategic and tactical
•Project management of process improvement initiatives
•Overseeing the allocation process for the Swap products on a T0 and T+1 basis.
•Management of the Corporate Action process for equity swap products and their related hedges.
•Resolution of trade and settlement fails
•Legal and Compliance Issues.
•Validating trade input by the desk and escalating issues appropriately.
•Involvement in Performing New Product Due Diligence.
•Liaising with the Business Unit and New Product groups.
•Overseeing the trade review processes within the ESTS remit.
•Operational Risk Reconciliation.
•Identifying and mitigating control gaps. Popularizing issues globally in order to ensure consistency.
•Management Reporting.
•Production and validation of the SEBI report (report on positions for Indian investors)
•Client Contact

Skills Required:
•Familiarity with the 'Life of Trade' concept.
•Understanding of the fundamentals of equity swap products
•Understanding of Settlement process and systems.
•Experience of Asian Markets.
•Ability to adapt existing skills in a new environment.
•Ability to think laterally, and recognize opportunities for system/process improvement.
•Ability to understand issues and move projects forward.
•Good communication/relationship building skills and strong organizational ability.
•Excellent understanding of the control environment and the ability to escalate issues promptly.
•The ability to work under pressure in a constantly changing environment
•Good problem solving skills
•PC literate, as the role involves the use of various PC and UNIX based systems