Director/ ED - Equities/ Listed derivaties, Global Markets
Michael Page
Hong Kong
Full time
Permanent
On-site
Competitive
About the job
- Lead strategic equities and derivatives initiatives across electronic trading pr
- Drive regulatory change infrastructure optimisation and governance across global
A leading global financial institution with strong fixed income and equities franchises, delivering comprehensive trading and investment solutions across major markets, with a significant presence in APAC, driving growth through innovation, deep market expertise, and robust client relationships.
Job Description
1. Lead Market Structure & Trading Initiatives
- Lead complex market initiatives, including low-touch/electronic trading programmes across equities and listed derivatives.
- Oversee full project lifecycle from ideation and business case development to implementation and post-launch optimisation.
- Partner with trading desks to enhance execution capabilities, liquidity access, and competitiveness.
- Design and implement automation strategies to increase low-touch flow, algorithmic execution, and STP.
- Evaluate technologies to improve execution quality, latency, and cost efficiency.
- Collaborate with quants and technology teams on algorithm and smart order routing enhancements.
- Lead transformation initiatives across Front Office, Risk, Operations, Compliance, and Technology.
- Execute business expansion and monetisation opportunities (new markets, products, client segments).
- Drive efficiencies through process re-engineering, digitisation, and operating model optimisation.
- Manage regulatory initiatives (e.g., MiFID II, EMIR, Dodd-Frank, exchange rules) impacting equities and derivatives.
- Ensure timely implementation across trading, reporting, and risk processes.
- Partner with Compliance and Legal to interpret and operationalise requirements.
- Establish strong governance frameworks across initiatives.
- Lead steering committees and senior stakeholder engagements.
- Prepare executive materials; track milestones, risks, and dependencies to ensure delivery.
- Optimise trading infrastructure (OMS/EMS, connectivity, post-trade systems).
- Partner with technology teams to modernise architecture, improve scalability, and reduce risk.
- Identify vendor consolidation and cost optimisation opportunities.
- Embed governance, risk management, and controls across all programmes.
- Identify and mitigate operational, market, and control risks.
- Support audits, compliance reviews, and control testing.
- Drive process improvements to enhance productivity and reduce costs.
- Monitor industry trends, competitor activity, and client needs.
- Contribute to long-term strategy for equities and listed derivatives growth.
1. Deep Market Expertise
- Extensive experience in equities and/or listed derivatives within global markets (cash equities, futures, options).
- Strong understanding of market structure, electronic trading, liquidity dynamics, and exchange ecosystems.
- Proven track record delivering large-scale, front-to-back transformation programmes in investment banking or capital markets.
- Strong project management skills (Agile, Waterfall, or hybrid methodologies).
- Ability to influence senior stakeholders, including trading heads, COO functions, and technology leaders.
- Strong communication skills with experience presenting to executive committees.
- Solid understanding of global regulatory frameworks affecting equities and derivatives markets.
- Experience embedding governance, risk, and controls in change initiatives.
- Strong analytical and problem-solving skills with ability to translate business needs into technology solutions.
- Familiarity with trading systems (OMS/EMS), market data, and electronic execution platforms; knowledge of data analytics tools is a plus.
Good culture in an established and growing company