Execution Trader - Night Desk Officer
Execution Trader - Night Desk Officer (5pm to 1am)
General Description
- Member of the Execution (Asia) - Night Desk team, reporting to the Head Execution (Asia) - Night Desk.
- Responsible for active risk management and adherence to all regulatory and internal compliance requirements.
- Ensures fast and accurate execution of trade orders, minimizing operational losses.
- Provides high-quality service to Execution (Asia) - Night Desk clients and Direct Access Clients (DACs), offering market insights as needed.
- Builds effective relationships across the Bank to maintain and improve knowledge of business, products, and services, optimizing client service.
- Works after Asian office hours (night desk), specifically during US market trading sessions, including night shifts and public holidays.
Key Features of the Position
People Management
- Contribute to team spirit and foster a collaborative work environment.
- Motivate and provide guidance/feedback to team members to enhance overall performance.
Client Management (Internal & External)
- Execute trade orders quickly and precisely, maintaining minimal error rates.
- Execute client orders for equities and fixed income products in European and US markets during the night shift.
- Maintain close working relationships with counterparties.
- Deliver high-quality service to Execution (Asia) - Night Desk clients and DACs.
- Respond to general client inquiries regarding the global macroeconomy and financial markets.
- Consult regularly with Front representatives to stay updated on client needs and take appropriate actions to fulfill them.
Business Management
- Work towards achieving the team’s ambitions as defined by the Head Execution (Asia) - Night Desk.
- Maintain and update client information for Execution (Asia) - Night Desk.
- Keep accurate records of all executed trades and provide regular reports to management.
- Regularly review functional practices to ensure optimal efficiency and productivity.
Compliance & Risk Management
- Meet all legal, regulatory, and compliance standards/requirements.
- Adhere to all relevant Local User Manuals.
- Perform necessary suitability and regulatory checks/disclosures before trade execution.
- Ensure all approvals are obtained for new counterparties before trading commences.
- Regularly assess practices to mitigate risks associated with the function.
- Demonstrate appropriate values and behaviors, including honesty, integrity, due care, diligence, fair dealing, conflict management, competence, continuous development, risk management, and compliance with laws and regulations.
Skills Requirements of the Position
Personal and Social
- Ability to work independently and within a global team, taking initiative with a positive attitude.
- Client-centric approach to all deliverables.
- Strong troubleshooting skills and ability to provide effective solutions.
- Fast learner, able to work under pressure and meet tight deadlines.
- Excellent communication and coordination skills for interacting with various stakeholders.
- Highly motivated with an integrative personality.
Professional and Technical
- Relevant higher education and professional background with 5-10 years of related experience.
- Proficiency in trading systems, tools, Microsoft Excel, and other relevant software.
- Strong knowledge of equities, structured products, fixed income products, trading platforms, and execution strategies.
- Good understanding of financial products across all asset classes.
- Proficient in using electronic pricing tools and dealing systems.
- Represents the Bank’s and shareholders’ interests at all times.
- Strong commercial judgment, business acumen, and broad understanding of financial markets and products.
- Excellent written and verbal communication skills.
Regulatory
- MAS licensed representative.
- CACS 1, CACS 2.
- RES 1B, 2B, and CM-SIP.
- Familiarity with regulatory expectations and requirements.
- Understanding of cross-border rules and regulations.