EQD Derivative and Delta One (D1) Middle Office works closely with the Deriv+D1 Trading Desk providing support and maintaining controls in all post trade execution events. The candidate will act as the face-off between the trading desk and other departments as well as drive strategic change, identify and remediate control risks, perform end-to-end flow analysis/process re-engineering, partner with technology to manage system enhancements, and comply with audit and regulatory requirements.
Responsibilities:
Execution and management of lifecycle events - Monitoring, calculation and booking authentication in MO system for numerous events included in structured products like coupon, Rate Resets, expiry along with early termination.
Liaising with different teams like regional desk assistant, settlement, product control etc. daily for any o/s queries resolution. Monitoring vanilla option unwinds and expiries.
Investigate and resolve position breaks - Work closely with Front and Back Office to resolve breaks (e.g. Cash, Positions, Dividend fixing etc)
Demonstrate an understanding of front to back trade flows as well as Risk and P&L.
Investigation and resolution of position and trade exceptions through daily reconciliations.
Verification and production of various regulatory reports. (HK Stamp, 871m).
Contribute in new business or process change initiatives through collaboration with the team manager. Help drive best practice and perform UAT to ensure a successful rollout of any initiatives.
Be able to contribute toward automation and streamlining of any functions within the EQD Deriv+D1 MO team.
Build a strong network across multiple departments within the firm such as Trading, Operations, Compliance, Audit, Technology and other areas of Finance.
Maintain oversight of offshore tasks to ensure timely and accurate completion of team responsibilities. This will involve continuous review of KRI s and EOD wrap up summaries.
Drive the Finance control agenda for the team. Proactively identify and remediate control gaps.
Requirements:
8-10 years experience within a trade support specifically EQ Deal review background.
Experience in supporting a derivatives business and knowledge of equity products (i.e. Listed FnO, Stock/ETF, Swaps, OTC Options, Pnote, ELN, Fx products etc.)
Knowledge of AEJ, Japan, EMEA markets. Understanding of regulatory, compliance, settlement and tax rules would be a plus.
Flexible and able to work under pressure and meet tight deadlines. Demonstrating a strong sense of ownership and commitment to delivery.
Able to multi-task and prioritize workload.
Detail oriented and strong focus on efficiency and control
Excellent oral and written communication skills in English
Possesses strong analytical skills and an ability to quickly learn new products and systems; needs to be able to thrive in a constantly changing environment
Team player and able to contribute to team meetings and voice ideas.
Strong Microsoft Office skills particularly in excel. Competence in VBA/macro a plus.