Assistant Manager / Manager, Derivatives Services

Assistant Manager / Manager, Derivatives Services

Manulife - Agnes Yung
Hong Kong
3-6 years
Not Specified

Job Description


Are you looking for unlimited opportunities to develop and succeed With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
Job Description
The Opportunity
The customer is the focus of everything we do, and millions of end users rely on our products daily. We believe in the value of empoweringAssistant Manager / Manager, Derivatives Services with the resources to solve critical problems for the future ofourbusiness, which is why we need you. 
Whatmotivatesyou

  • You obsess about customers, listen, engage and act for their benefit 

  • You think big, with curiosity to discover ways to useyouragile mindset and enable business outcomes 

  • You thrive in teams,and enjoygettingthingsdone together

  • You take ownership and build solutions, focusing on what matters 

  • You do what is right, work with integrity and speakup

  • You share your humanity,helping usbuild a diverse and inclusive work environment for everyone 

We are looking for someone with:

  • Relevant undergraduate education or advanced degree – Business Administration, Finance, Economics, MBA, etc.

  • Professional designation – CA, CPA, CFA, PRM and/or FRM would be an asset.

  • Minimum 3 years of investment operations/accounting experience, with at least 2 years of hands-on experience in derivatives products.

  • Working knowledge of exchange-traded and OTC derivatives and regulatory reforms in U.S. (i.e., Dodd-Frank), Europe and Asia for OTC derivatives, specifically the Clearing, Risk Mitigation and Trade Reporting of OTC derivatives.

  • Working knowledge of derivatives markets in various global markets such as Asia, the U.S., and Europe.

  • Experience with Findur and/or an aptitude to grasp and use a new derivatives trading platform quickly, relatively independently and with depth.

  • A capacity to frame and solve problems using sound reasoning, innovation and creative thinking skills.

  • Ability to work independently to deliver on commitments and resolve issues.

  • Strong organizational skills and a high degree of professionalism combined with the ability to readily adapt to rapidly changing investment business and technology environments.

  • Strong communication, written and oral, and interpersonal skills. Demonstrated experience building and retaining solid working relationships.

  • Comfortable and flexible with constantly evolving and changing priorities and open to new challenges.

On the job you will:

  • Assist in Derivatives onboarding for new fund launches, new client mandates and new brokers to trade derivatives.

  • Manage and coordinate derivatives documentation eg, ISDA/CSA, Clearing Agreement, NDA, CDEA and MCA.

  • Be responsible for expanding counterparty choices of derivatives trading for the business by ensuring internal approvals / system readiness and external counterparties / custodians set-up.

  • Fully understand business unit requirements, products and timelines. Conduct qualitative and quantitative research into the business models of assigned business units to formulate a clear picture of the business model and understand the linkage between the products, the liabilities incurred, and the supporting assets and derivatives, and the reasons for certain management strategies being employed.

  • Liaise with global and Asian offices to share best practices and establish consistent derivative onboarding policies and procedures with global and Asian offices.

  • Ensure that the derivatives usage policies, key controls in derivatives operations, hedge accounting policy and documentation are followed.

  • Support senior management & external reports, one-off issue resolution and operational activities as the need arises from the derivatives space.

  • Provide support and setup regulatory reporting platform for Manulife’s responsibilities for adherence to global regulatory rules (e.g., Dodd-Frank in U.S., EMIR in Europe, SFC/HKMA in HK and MAS in Singapore) of Risk Mitigation and Trade Reporting for derivatives. The support will include keeping up to date on drafted and published rules for multiple jurisdictions in Asia as well performing relevant analyses for impact of regulations.

  • Provide advisory or analytical derivatives reporting services to business units in the roll-out of newderivatives products or strategies in support of business objectives for General Fund and Third Party businesses.

Our commitment to you

  • Our mission; to be a part ofmakingDecisionsEasierandLivesBetter

  • A leadership team dedicated to your growth and success 

  • A bold ambition and set of goalstobe a leader indrivingtransformation in our industry 

  • Our best. Every day. 

Learn more aboutopportunities with us at jobs.manulife.com   
If you are ready to unleash your potential, it’s time to start your career with Manulife/John Hancock.
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of March 31, 2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and administration, and in the previous 12 months we made $30.4 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as MFC on the Toronto, New York, and the Philippine stock exchanges and under 945 in Hong Kong.
Manulife is an equal opportunity employer. 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 and advancement and we administer all of our practices and programs based on qualification and performance and without discrimination on any protected ground. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request any accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of March 31, 2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and administration, and in the previous 12 months we made $30.4 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Manulife is an equal opportunity employer. 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 and advancement and we administer all of our practices and programs based on qualification and performance and without discrimination on any protected ground. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request any accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.

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