Assistant Manager/Manager, Asia Derivatives Onboarding
Manulife and John Hancock Careers
·3 days ago
- Location
- Hong Kong, Manulife Tower
- Type
- Full-time
- Seniority
- Manager
- Experience
- 3+ years
- Closing date
- Today
- Source
- Workday
Description
Position Responsibilities:
· Receive derivatives trading requests from Relationship Management, Product Management and Portfolio Managers. Assess the trading documentations, broker accounts and internal system setups required to enable the derivatives trading pipeline.
· Facilitate the internal derivatives trading approval process and ensure that there is a governance structure around the onboarding of new accounts trading derivatives.
· Maintain status dashboards of derivatives account opening requests and present them to traders in regular meetings.
· Support Traders need for best execution by setting up the full range of desired derivatives brokers.
· Coordinate the derivatives trading related onboarding functions for new accounts and new brokers.
· Coordinate derivatives trading operational readiness within the Asia Derivatives Services team including middle office, operations and collateral management.
· Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading.
· Ensure that all account, broker onboarding and legal documentation is maintained.
· Maintain an accurate and complete matrix of accounts, authorized derivative products, derivatives legal agreements and active brokers.
· Contribute to the successful management of external broker relationships.
· Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types.
· Take ownership of side projects to clean up records and validate broker setups.
· Contribute to the harmonization of the derivatives onboarding process with the Global Derivatives Services team in Boston.
· Continuously evaluate, identify and recommend practices and controls that will increase process efficiency and mitigate financial and operational risks.
· Collaborate with peers, other business units and functions both amongst Asian territories.
Required Qualifications:
· Bachelor’s degree in Accounting, Finance or Business with at least 3 years’ experience in asset management, investment operations and projects.
· Experience with Client Onboarding/KYC and Derivatives Account Opening is preferred.
· Experience with collateral, derivatives or other investment related products is a plus.
· Strong analytical, communication and stakeholder management skills.
· Team player with strong interpersonal skills.
· Strong organizational skills, able to multi-task and the flexibility to work in a fast-changing environment.
When you join our team:
- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].
Working Arrangement