Prime Brokerage COO, Global Financial Markets

Position Overview

The Bank is seeking an experienced candidate to serve as Prime Brokerage COO to lead the build-out and strategic growth of its Prime Brokerage franchise, with an initial focus on infrastructure build-out and the launch of related financing solutions.

This role will be responsible for defining and executing the infrastructure build-out, business operating model, governance framework, and client onboarding strategy required to support the Prime Brokerage platform. The successful candidate will act as a trusted partner to senior management and work closely with Trading, Sales, and supporting functions to drive both strategic initiatives and day-to-day business management. Prior experience in business/legal entity build-outs, regulatory inspections, Electronic Trading controls, and front-to-back operating model design will be crucial to succeed in this role.

 

Key Responsibilities

Prime Brokerage Build-Out & Prioritization

• Lead the development and execution of the Prime Brokerage business strategy with a particular focus on Stock Lending, Equity Financing, and Equity Swaps.
• Establish the Target Operating Model, governance framework, and infrastructure required to support business growth.
• Drive new business initiatives, product launches, legal entity expansion, and market entry opportunities.
• Lead cross-functional initiatives involving IT, Operations, Risk, Finance, and Front Office teams.
• Manage strategic business transformation programs from concept through to successful execution.

Business Management

• Own business management activities across the Prime Brokerage franchise, including strategic planning, budgeting, resource allocation, and business performance reporting.
• Monitor key metrics including revenue generation, client profitability, inventory utilization, and balance sheet consumption.
• Partner with Sales and Trading to identify opportunities to expand client activity, improve financing returns, and optimize resource utilization.

Trading & Product Development

• Work closely with Trading and Sales teams to support the launch and growth of Securities Borrowing & Lending (SBL) and Equity Swap businesses.
• Drive enhancements to inventory management, financing workflows, margin processes, and client servicing capabilities.
• Partner with Risk and Trading on funding, capital, and balance-sheet optimization initiatives.

Governance, Risk & Regulatory Management

• Establish and maintain a robust governance and control framework for the Prime Brokerage business.
• Lead regulatory reviews, audit engagements, and control enhancement initiatives.
• Ensure compliance with internal policies and external regulatory obligations across all relevant jurisdictions.
• Establish comprehensive trade control frameworks, encompassing algorithmic governance, pre-/post-trade controls, and formal approval and escalation protocols.
• Chair or participate in governance committees and oversee operational incident remediation programs.

 

Qualifications & Experience

• 15+ years of financial services experience, with at least 10 years focused on Prime Brokerage, Equities, or Markets COO functions.
• Demonstrated experience supporting the launch, expansion, or transformation of Prime Brokerage and financing businesses.
• Proven track record leading large-scale strategic initiatives across both Front Office and infrastructure functions.
• Extensive experience engaging directly with senior management, regulators, and key external stakeholders.

Location:

DBS Asia Central

Job:

Business Resilience & Security

Schedule:

Regular

Employee Status:

Full time