Derivatives Operations Specialist
8 hours ago
Job Summary:
We are seeking a highly skilled Derivatives Operations Specialist to join our team at Kingfisher Executive Search (HK) Limited.
About the Role:
This is an exciting opportunity for a seasoned professional with extensive experience in settlement operations to take on a challenging role that requires strong analytical and problem-solving skills.
The successful candidate will be responsible for overseeing the post-trade processing of derivatives trades and hedges, collaborating with traders, counterparties, and brokers to ensure timely and accurate trade execution and confirmation, managing the settlement process for derivatives transactions, and resolving discrepancies and issues related to trade settlements and position management.
Key Responsibilities:
- Oversee the post-trade processing of derivatives trades and hedges.
- Collaborate with traders, counterparties, and brokers to ensure timely and accurate trade execution and confirmation.
- Manage the settlement process for derivatives transactions, including daily reconciliation of trades and positions.
- Resolve discrepancies and issues related to trade settlements and position management in a timely manner.
- Monitor and ensure compliance with internal controls, policies, and regulatory requirements related to derivatives operations.
- Support risk management initiatives by identifying and mitigating operational risks and implementing best practices.
- Prepare and maintain accurate records and reports related to derivatives trading and operations.
- Generate and review reports for internal stakeholders and regulatory authorities as required.
- Identify opportunities for process improvements and efficiency gains in derivatives operations.
- Work with IT and other departments to implement system enhancements and automation solutions.
- Serve as a primary point of contact for internal and external stakeholders regarding derivatives operations.
- Address and resolve any operational issues or inquiries promptly and professionally.
Requirements:
To be considered for this role, you must have a Bachelor's Degree in Finance, Economics, Business Administration or a related discipline, a minimum of 3 years of settlement experience in the securities brokerage industry or banking, hands-on experience in Clearstream and Euroclear, knowledge of securities, fixed income listed and OTC derivatives and structured products settlement, proficiency with MS Suite, specifically Excel, and good command of spoken and written English and Chinese (Cantonese & Mandarin).
Salary: HK$50,000 - HK$70,000 per month
Benefits: Competitive salary and benefits package, including health insurance, retirement plan, and paid time off.
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