Senior Associate / Assistant Manager / Manager – Fund Operations

Our client is a Hong Kong-based asset management firm with assets under management (AUM) of over USD 7 billion. The firm offers a range of investment products and strategies across fixed income, money markets and other asset classes.

Key Responsibilities

1. Support the daily operations of money market and fixed income funds, as well as leveraged and inverse (L&I) products. Responsibilities include cash forecasting, liquidity management, margin and collateral management, FX execution oversight, securities lending, repo and reverse repo transactions, trade processing, settlement monitoring and end-to-end investment lifecycle management.
2. Provide operational support for FX and derivatives activities, including FX forwards, NDFs, futures, options, interest rate swaps (IRS), credit default swaps (CDS), total return swaps (TRS) and repos.
3. Conduct independent reviews and analysis of derivative valuations, financing costs, margin requirements, collateral optimization and counterparty exposures.
4. Monitor FX hedging and overlay activities, including cash flow projections, hedge ratio monitoring, rollover management and the investigation of valuation and reconciliation discrepancies.
5. Work closely with Portfolio Managers, Risk Management, Compliance, custodians and fund administrators to resolve complex operational and valuation matters relating to fixed income, FX and derivative instruments.
6. Drive digitalization and process improvement initiatives, including workflow automation, data integration, investment data analytics, operational system enhancements and the onboarding of new counterparties and trading platforms.
7. Support the launch of new funds, products and investment strategies, particularly those involving derivatives, leverage, overlay strategies and liquidity management instruments.
8. Prepare daily operational reports and support fund audits, regulatory reporting, tax filings and operational due diligence reviews. Maintain comprehensive process documentation, standard operating procedures and internal controls.

Job Requirements

1. 2–5 years of relevant experience in front-office support, middle-office, investment operations, treasury operations or capital markets operations, preferably within the asset management industry.
2. Strong understanding of fixed income and derivative products and market conventions, including bonds, money market instruments, repos, FX products and derivatives.
3. Hands-on experience with one or more of the following products is highly preferred: FX spot, forwards and swaps, futures, options, IRS, CDS, TRS or repos.
4. Experience in derivative lifecycle management, collateral management, margining, trade settlements, reconciliations and investment valuation processes.
5. Strong analytical skills, with the ability to assess derivative exposures, funding requirements, FX hedging effectiveness, valuation movements and investment-related operational risks.
6. Bachelor's degree in Finance, Economics, Mathematics, Engineering, Data Analytics, Computer Science, Accounting, Business Administration or a related discipline.
7. Experience in automation, programming and data analytics is highly desirable. Proficiency in Python, SQL, Power BI, VBA or other data visualization tools will be an advantage.
8. Familiarity with Bloomberg, Aladdin, Charles River or other investment management systems is advantageous.
9. Strong analytical mindset, with the ability to interpret investment data, identify operational risks and recommend process improvements.
10. Excellent communication and stakeholder management skills.
11. Proactive, detail-oriented and intellectually curious, with the ability to work independently in a dynamic investment environment.