Securities Lending Trader

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Job Description

Interactive Brokers Hong Kong Limited (“IBHK”) is seeking a Securities Lending Trader for the APAC region. The ideal candidate is hardworking, detail-oriented, problem-solving, and has the ability to interact with internal parties and external parties. This position requires the ability to swiftly master and utilize the firm’s proprietary Treasury and Securities Lending and Borrowing (SLB) platforms in order to execute daily responsibilities.

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 170 markets in 29 currencies, from a single integrated platform, to clients from over 200 countries and territories. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Our employees are part of a dynamic, multinational, fast paced, results oriented team, working to provide our customers with state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools.

The Securities Lending Trader APAC will be responsible for carrying out the daily short-covering of Asian listed equities and ETFs, as well as lending out the company’s long inventory to its counterparties. The tracking and resolution of potential exchange- and stock loan-related fails, as well as of internal and external stock recalls are an ongoing daily responsibility. The Securities Lending Trader APAC is expected to operate, enhance and test the Group’s constantly evolving in-house systems and solutions.

The Securities Lending Trader APAC will be reporting to the Head of SLB & Securities Financing APAC.

Responsibilities

• Execute and negotiate securities lending and borrowing transactions across APAC markets with a focus on optimizing revenue and minimizing costs


• Actively manage and grow the securities lending book by identifying and capitalizing on trading opportunities across the APAC region


• Build and maintain strong relationships with prime brokers across APAC markets


• Monitor real-time market conditions and adjust trading strategies to respond to demand, supply, and pricing dynamics in the securities lending market


• Monitor and resolving in-house equity segregation deficits


• Represent the firm in facing counterparties and vendors


• Constantly evaluate systems and processes to identify inefficiencies and recommend enhancements


• Support the Head SLB - APAC in strategic local decision making

Qualifications  

• Solid academic background (minimum Bachelor’s degree) showing strong knowledge in Mathematics, Science, Accounting, Finance or Business


• High degree of comfort and fluency with computers and technology, and understanding of how technology is applied to business or an ability to develop this rapidly


• A two year minimum of experience in the Asian Securities Lending industry is required


• Experience in Treasury/Operations/Clearing is a plus


• Professional English skills are required, any other languages are a plus


• Logical approach to problem solving


• Detail oriented with solid math skills


• Ability to efficiently handle multiple tasks


• Self-motivated and energetic


• Professional demeanor with good communication skills


• Intermediate to high level of proficiency in MS-Excel


• Ability to work in a small-team environment with a servicing attitude

Company Benefits & Perks

• Competitive Salary, annual performance-based bonus and stock grant


• Excellent health and welfare benefits including medical, dental, specialist and in-patient  


• Competitive package of Annual Leave


• Daily lunch ordered in house with fully stocked kitchen


• Great work life balance


• Unique opportunity to gain exposure to global financial products, markets and clientele


• Opportunities for career progression and job scope expansion in a global company with growing local presence


• Hybrid work arrangement role permitting