Assistant Manager/Manager, Asia Derivatives Onboarding

Manulife Insurance Malaysia; Hong Kong Island; On-site; HKD 520,000 - 780,000; Full time

Job summary

Manulife Financial Corporation in Hong Kong is seeking a Derivatives Onboarding and Operations professional within the Asia Derivatives Services team. You will receive derivatives trading requests, assess documentation, and enable the trading pipeline across teams.

The role focuses on governance, onboarding of new accounts and brokers, and coordinating with legal, middle office, and technology teams to ensure readiness and compliance. A collaborative, multi-territory environment is expected.

Qualifications

• Bachelor’s degree required with at least 3 years in asset management or investment operations.
• Experience with Client Onboarding/KYC for derivatives is preferred.
• Strong analytical, communication and stakeholder management skills.

Responsibilities

• Receive derivatives trading requests and assess documentation and broker setup.
• Facilitate internal onboarding approvals and governance for new accounts.
• Maintain status dashboards and present them to traders.
• Support best execution by setting up derivatives brokers.
• Coordinate onboarding for new accounts and new brokers.
• Coordinate derivatives trading operational readiness across Asia Derivatives Services.
• Work with Legal Services to ensure required legal agreements.
• Keep account, broker onboarding and legal documents up to date.
• Maintain matrix of accounts, authorized products, agreements and brokers.
• Collaborate with Derivatives Solutions to set up trading technology.
• Take ownership of side projects to clean records and validate setups.
• Harmonize onboarding processes with Global Derivatives Services in Boston.
• Identify practices to increase efficiency and mitigate risks.
• Collaborate with peers across Asian territories.

Skills

Analytical skills

Communication

Stakeholder management

Education

Bachelor's degree in Accounting, Finance or Business

Job description

Overview

Position Responsibilities and Qualifications for a Derivatives Onboarding and Operations role within the Asia Derivatives Services team.

Responsibilities

• Receive derivatives trading requests from Relationship Management, Product Management and Portfolio Managers; assess trading documentation, broker accounts and internal system setups required to enable the derivatives trading pipeline.
• Facilitate the internal derivatives trading approval process and ensure governance around the onboarding of new accounts trading derivatives.
• Maintain status dashboards of derivatives account opening requests and present them to traders in regular meetings.
• Support Traders' need for best execution by setting up the full range of desired derivatives brokers.
• Coordinate the derivatives trading onboarding functions for new accounts and new brokers.
• Coordinate derivatives trading operational readiness within the Asia Derivatives Services team including middle office, operations and collateral management.
• Coordinate with Legal Services to ensure that proper legal agreements are in place to support derivatives trading.
• Ensure that all account, broker onboarding and legal documentation is maintained and up to date.
• Maintain an accurate and complete matrix of accounts, authorized derivative products, derivatives legal agreements and active brokers.
• Contribute to the successful management of external broker relationships.
• Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types.
• Take ownership of side projects to clean up records and validate broker setups.
• Contribute to the harmonization of the derivatives onboarding process with the Global Derivatives Services team in Boston.
• Continuously evaluate, identify and recommend practices and controls that increase process efficiency and mitigate financial and operational risks.
• Collaborate with peers and other business units and functions across Asian territories.

Qualifications

• Bachelor’s degree in Accounting, Finance or Business with at least 3 years’ experience in asset management, investment operations and projects.
• Experience with Client Onboarding/KYC and Derivatives Account Opening is preferred.
• Experience with collateral, derivatives or other investment-related products is a plus.
• Strong analytical, communication and stakeholder management skills.
• Team player with strong interpersonal skills.
• Strong organizational skills, able to multi-task and adapt in a fast-changing environment.

Working Arrangement

Hybrid

Company and Culture

Manulife Financial Corporation is a leading international financial services provider. Manulife/John Hancock is an Equal Opportunity Employer and is committed to fair recruitment, retention, advancement and compensation without discrimination. We support a diverse and inclusive work environment and provide reasonable accommodation in the application process upon request. For more information, visit the official Manulife website.

How to Apply

To learn more about us and opportunities, visit our careers page and apply as directed.