Key Areas of Responsibilities
- Provide senior day-to-day support to the Head of Equity Derivatives Operations, including prioritisation, coverage, escalation management and team guidance.
- Oversee operational support for Delta One, Prime Services, Equity Finance, exotic and flow derivatives, structured products and listed derivatives.
- Ensure accurate and timely trade capture, validation, confirmation, settlement and lifecycle processing, including resets, fixings, corporate actions, financing, expiries and early terminations.
- Provide end-to-end oversight of services delivered by Derivatives Operations, Collateral, Cash Operations, Asset Services, Reference Data, Controls and Reconciliations, and offshore or shared-service teams.
- Maintain clear service ownership, hand-offs, cut-off times and escalation routes. Review service levels, aged items, settlement failures, control exceptions and recurring incidents, and drive corrective action.
- Oversee trade, position, cash, settlement, broker, counterparty, bank or nostro, accounting-interface and system-to-system reconciliations.
- Ensure breaks are assigned, investigated, evidenced, aged and resolved promptly, with material or recurring items escalated and subject to root-cause analysis.
- Maintain a strong first-line control environment covering maker-checker reviews, payments, access, static data, manual adjustments, exception management and evidence retention.
- Lead or support incident management, risk reporting, control assessments, audit and regulatory reviews, and remediation of identified weaknesses.
- Represent Equity Derivatives Operations in new-product approvals, system changes, testing and process improvements, ensuring controls and reconciliations are in place before launch.
- Build effective relationships with Trading, Sales, Structuring, Finance, Product Control, Risk, Technology, Legal, Compliance and external service providers.
- Coach team members, support cross-training and contribute to succession planning and business continuity.
- At least 10 years of relevant Equity Derivatives Operations, Middle Office or Trade Support experience, including senior-level responsibility.
- Strong knowledge of over-the-counter and listed equity derivative products, booking models and lifecycle events.
- Demonstrated experience in service oversight, reconciliations, operational controls and complex issue resolution.
- Experience supporting new products, system implementation, process migration, control design and testing.
- Strong analytical, organisational and communication skills, with the ability to challenge constructively and make decisions under pressure.
- Advanced Excel and experience with automation or data-analysis tools are advantageous.
- Fluency in English is required. Cantonese and Mandarin are advantageous.
Key Contact/Engagement points for the role:
Internal:
- Operations
- Front Office
- IT
- Finance
- Credit Risk/Market Risk
- Product Control
- Internal Audit
- Legal and Compliance
External:
- Clients
- Custodian banks / Prime Brokers
Job ID JR003393
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