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Associate, Trading Operations

Full time at Hong Kong Exchanges and Clearing Limited in Hong Kong
Posted on May 19, 2024

Job details

Company Introduction: We're home to Asia's most dynamic and vibrant capital markets. Connecting capital, ideas, inspiration and innovation for deeper, more diverse and liquid global capital markets; providing greater choice and opportunity for our customers, each and every day. HKEX is a purpose-driven company. Our commitment to the long-term development of our business and our markets is articulated in our purpose: "To Connect, Promote and Progress our Markets and the Communities they support for the prosperity of all." Job Summary: ' Job Duties: Overall Purpose of Role:

  • To provide effective first-line supervision for all trading activity on LMEselect
  • To provide first-line support and oversight for all LMEselect trading queries
  • To ensure the Error Trade Policy and Dynamic Price Bands on LMEselect are managed effectively
  • To effectively manage LMEselect processes, documentation and users
  • To understand all processes across LME venues and functions managed by Trading Operations
  • To maintain an overview of LME and LMEClear systems including LMEselect, LMEprice, LMEprism, LMEsword, LMEsmart, LMEbullion, LMEsource, LMEvps
Responsibilities:
  • Ensure the LME Error Trade Policy and Dynamic Price Bands on LMEselect are managed effectively and consistently
  • Ensure the procedures for the Error Trade Policy and Dynamic Price Bands on LMEselect are followed with all relevant information documented for regulatory purposes
  • Maintain expertise to use Expert judgement when required on LMEselect trades that appear erroneous, misleading or fall outside of the remit of the LME error trade policy
  • Establish & publish Asian Reference Prices ensuring all procedures are followed
  • Perform health-checks after systems started up
  • Manage major incidents on trading platform, including communications management
  • Effective handling of all stakeholder queries relating to LME's pricing procedures and Trading Operations in general
  • Troubleshoot issues relating to trading platform, escalating to support teams when necessary
  • Liaise with and complete a daily handover with the London team
  • Manage relevant LMEselect stats and updates of analytical coding
  • Complete trader accreditations and internal staff training on LMEselect
  • Review and update departmental documentation
  • Ensure regulatory reports on trading users and activity are completed accurately and on time
  • Recommend and promote enhancements to the management on issues that will benefit the LME's price discovery procedures, and to participate in all relevant projects and initiatives
  • Undertake project work as and when required, including UAT testing and updating operational procedures to reflect new processes for the new trading platform delivery projects
  • Assist with the rollout of the new trading platform to Asia Pacific members and software vendors
Academic and Professional Qualifications Required:
  • Good HKCEE/HKDSE (or equivalent), a University Degree, preferably in Finance/ Business Administration/ Information Technology or related subjects
Required Knowledge and Level of Experience:
  • Each position within the department is dependent on knowledge, experience and performance
  • Four years' experience working in the Financial Sector
  • A thorough knowledge or experience in electronic trading
  • A thorough knowledge of market terminology
  • A good understanding of Futures and Options
  • A good understanding of the LME prompt date and contract structure
  • A good understanding of the LME forward price curve
  • A good understanding of dealing regulations
Skills set and Core Competencies Required for Role:
  • Data input skills
  • Presentation skills
  • Interpersonal skills and the ability to communicate
  • Good business awareness
  • IT literacy
  • Conversant with MS Office Tools such as Word/Excel/Outlook/PowerPoint
  • Quick and accurate numerical skills
  • Strong problem-solving, quantitative, and analytical skills
  • Good command of written and spoken English
  • Knowledge of Excel VBA is an advantage
  • Knowledge of FIX protocol is an advantage
  • Experience in transforming office tasks through robotic process automation (RPA) is an advantage
Personal Qualities:
  • The ability to work under pressure and to tight deadlines
  • Dealing with confidential information
  • Self-motivation and the ability to work under minimal supervision
  • Teamwork
  • Ability to build close relationships with fellow colleagues and be a flexible team player
  • Reliability, calmness, persistence, steadiness and stability
  • Accurate, precise, controlled and disciplined
  • Willingness to learn
  • Customer focused
  • Be able to work independently and with excellent attention to detail
HKEX is committed as an Equal Opportunity Employer. Diversity is one of our core values and we look to support, respect diverse perspectives, abilities, culture and experiences within our workplace. Location: HKEX - TKO Shift: Standard - 40 Hours (Hong Kong SAR) Scheduled Weekly Hours: 40 Worker Type: Permanent

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