SBL Trader
Responsibilities
- Support Securities Lending and Synthetic Prime Brokerage (PB) trading activities to achieve and exceed the Group's budgeted P&L targets.
- Manage and monitor the firm's inventory, providing daily insights, trend analysis, and ensuring compliance with evolving regulatory requirements.
- Gain expertise in trading platforms, market structures, regulatory frameworks, and inventory management processes across all APAC markets.
- Build and maintain strong relationships with offshore and onshore lenders, brokers, and clients, engaging in regular dialogues to grow balances and enhance collaboration.
- Approve borrow locates for internal desks, cash clients, and PB clients (cash and synthetic), ensuring accurate logging and audit trails.
- Price securities for internal and external locates, maintaining transparency in transfer pricing across all trading desks.
- Oversee short coverage for firm and client businesses, manage excess inventory and refinancing, and optimise internal resources.
- Identify revenue opportunities and manage booking to ensure cost efficiency.
- Report, verify, and explain positions and P&L on a daily basis.
- Adhere to risk limits set by the risk control team, providing daily updates on risk indicators, new positions, and significant changes.
- Collaborate with collateral, middle office, and settlement teams to ensure accurate booking, processing, and settlement of collateral positions while mitigating operational risks.
- Conduct all trading activities with a strong risk-control mindset, ensuring compliance with front-to-back (F2B) processes and prioritising client interests.
- Work closely with the corporate actions team to identify and monetise opportunities, liaising with external lenders and risk counterparts.
- Take ownership of projects and contribute to the implementation of new trading tools and platforms, driving automation and efficiency with a controlled and agile approach.
Requirements
- Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related discipline
- 2-8 years of experience in financing, SBL and/or delta-one trading
- Proven ability to manage risk and P&L in volatile and time-sensitive markets
- Strong analytical, execution, and communication skills
- Experience across Asia, US, or European markets is a plus
- Proficiency in written English and Mandarin
FAQs
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