Investment Manager - Options & Structured Products

CSC Holdings Limited; Hong Kong; On-site; HKD 900,000 - 1,800,000; Full time

Benefits offered by this job

Group medical insurance

Annual leave

Professional qualification subsidy

Job summary

CSC Holdings Limited in Hong Kong seeks an experienced Investment Manager to lead investment ideas and portfolio construction for options and OTC structured products such as FCN, DCN, ELN and equity options.

You will manage positions, monitor Greeks and volatility risks, implement hedging, and liaise with global counterparties under ISDA/CSA, working with risk, middle-office and settlement teams across the trade lifecycle.

Qualifications

• 5–10 years front-office investment experience in top-tier banks or family offices.
• Proven track record investing in options and OTC structured products.
• Deep knowledge of option theory and Greeks.
• Fluent English and Chinese; CFA/FRM preferred.
• Hold SFC licenses (Type 1/9 preferred).

Responsibilities

• Formulate and manage portfolios of vanilla and exotic options and OTC structured products.
• Source trades, execute with global counterparties under ISDA/CSA and hedge risks.
• Monitor Greeks, volatility, and hedge adjustments within risk limits.
• Engage counterparties and coordinate with risk, middle-office and settlements.
• Prepare regular investment review reports for senior management.

Skills

Portfolio management

Option pricing

Risk management

Hedging techniques

Greeks analysis

Trade execution

ISDA/CSA familiarity

Education

Bachelor's degree in Finance

Job description

Investment Manager - Options & Structured Products

We are listed on the Hong Kong Stock Exchange Main Board (stock code: 235). Our subsidiaries are SFC‑licensed financial institutions holding Type 1, 4, and 9 regulated activity licenses with a diversified financial products business. To expand our front‑office investment capabilities in options and OTC structured products, we are seeking an Options & Structured Products Investment Manager to lead investment idea generation, portfolio construction, position management and hedging for options and structured product investments.

Job Overview

This is a front‑office investment role. You will be responsible for developing and executing investment strategies for options and OTC structured products including FCN, DCN, ELN and index/equity options based on market views and volatility analysis. You will manage investment positions, monitor Greeks and volatility‑driven risks, implement appropriate hedging mechanisms, liaise with global institutional counterparties for trade sourcing and execution, and work closely with risk, middle‑office and settlement teams across the full trade lifecycle.

Key Responsibilities:

1) Investment Strategy Formulation & Portfolio Management for Options & Structured Products

Generate actionable investment views on equities, indices and volatility; design and implement investment strategies for vanilla/exotic options, FCN, DCN, ELN and other OTC structured products aligned with return‑risk objectives.

Manage investment positions of options and structured product portfolios, conduct ongoing position review, P&L tracking, performance attribution and position adjustment according to market changes.

Monitor real‑time portfolio risk including option Greeks (Delta, Gamma, Vega, Theta, Rho), implied volatility dynamics and non‑linear payoff risks of structured products; conduct volatility analysis, volatility outlook judgement and risk‑return evaluation for potential trades.

2) Trade Sourcing, Execution & Hedging Implementation

Source quotes, evaluate trade terms and complete investment trade execution with global institutional counterparties under ISDA and CSA agreements.

Design and deploy corresponding hedging schemes for option and structured product investment positions; dynamically adjust hedges to keep portfolio risks within approved risk limits.

Conduct pre‑trade due‑diligence for structured products, assess product pay‑off structures, embedded optionality, downside risk scenarios and suitability for investment portfolios.

3) Counterparty Engagement

Engage and maintain relationships with global investment bank counterparties under ISDA / CSA frameworks; elevate counterparty‑related matters to dedicated credit risk teams.

Collaborate with risk, middle‑office and settlement teams for trade confirmation, settlement and position reconciliation. Adhere to internal policies and SFC regulatory requirements as a front‑office investment practitioner.

Prepare regular investment review reports covering strategy rationale, position overview, Greeks exposure, volatility assessment, P&L performance and risk status for senior management.

What We’re Looking For:

Bachelor’s degree or above in Finance, Mathematical Finance, Economics, Statistics or related quantitative disciplines.

5‑10 years of solid professional experience in leading front‑office investment roles within top‑tier private banking, investment banks, or leading family offices, with proven track‑record investing in options, FCN, DCN, ELN and similar OTC structured instruments.

Deep knowledge of option theory and practical portfolio management of option Greeks; proficient in volatility analysis & market judgement, construction of option and OTC structured product investment strategies, as well as practical hedging techniques for structured payoffs. Ability to originate investment strategies derived from market and volatility views.

Hold relevant SFC licenses (Type1 / Type9 preferred); solid understanding of ISDA, CSA agreements and the complete OTC product trade lifecycle.

Proven practical front‑office experience monitoring investment‑book risks, evaluating structured product pay‑offs and implementing hedging arrangements, with supporting track‑record of past investment performance.

Fluent written and spoken English and Chinese.

CFA or FRM holders with thorough understanding of SFC regulatory rules for OTC derivatives are preferred.

What We Offer

Base salary + performance bonus linked to investment portfolio performance;

5‑day work week, group medical insurance, annual leave, and annual professional qualification subsidy.

All applications will be treated in strict confidence. Only shortlisted candidates will be contacted for interviews.