Middle Office & Fund Operations (9 months contract to extend)

TSS; Hong Kong; On-site; HKD 500,000 - 700,000; Part time

Job summary

TSS invites an experienced Middle Office & Fund Operations professional in Hong Kong for a 9-month contract. You will support APAC MO and Fund Operations teams, oversee outsourced MO activities, and drive improvements across the investment value chain.

Ideal candidates have 5+ years in buy-side MO, strong knowledge of markets and derivatives, and the ability to navigate a multinational, fast-paced environment.

Qualifications

• Five+ years buy-side Middle Office experience in trade matching, settlement, derivatives, and cash.
• Strong knowledge of equities, fixed income, FX, and derivative workflows.
• Experience with outsourced Middle Office models and third-party fund service providers is advantageous.
• University degree in Business Administration, Economics, Finance, or related discipline.

Responsibilities

• Execute daily Middle Office activities and serve as primary contact for inquiries from PMs, traders, and service providers.
• Oversee controls for outsourced MO activities across the full trade life cycle.
• Identify, report, and resolve operational issues; conduct root-cause analyses.
• Propose automation and process improvement initiatives.
• Oversee MO service providers to ensure high standards of delivery.
• Support readiness for fund launches and market openings with stakeholders.

Skills

Five+ years MO exp

Trade matching

Settlement

Derivatives life cycle

Public markets knowledge

Asset mgmt regulations

SQL basics

English comms

Education

Bachelor's degree in Business/Finance/Economics

Tools

Bloomberg AIM

Job description

Middle Office & Fund Operations (9 months contract to extend)

Based in Hong Kong, this role supports the international Middle Office and Fund Operations teams across the Asia Pacific region. You will oversee outsourced Middle Office and Fund Services activities, provide operational support across the investment value chain, and contribute to process improvements and strategic change initiatives spanning public markets, funds, and segregated mandates.

Key responsibilities

Execute daily Middle Office business-as-usual activities and act as the primary point of contact for operational inquiries from portfolio managers, traders, Compliance, brokers, custodians, and third-party service providers.

Oversee controls for outsourced Middle Office activities across the full trade life cycle, including equities, fixed income, foreign exchange, exchange-traded and over-the-counter derivatives, corporate actions, reconciliation, cash, and collateral management.

Identify, report, and resolve operational issues and incidents, conduct root-cause analyses, and support preventive measures.

Propose and drive automation, process improvements, and operational efficiency initiatives.

Oversee and constructively challenge Middle Office service providers to maintain high standards and effective service delivery.

Support operational readiness for fund and mandate launches and market or account openings in collaboration with internal stakeholders, external providers, trustees, custodians, and brokers.

Respond to regular know-your-customer and due diligence requests from external service providers.

Maintain effective oversight frameworks and controls for external fund services vendors and act as an escalation point between internal stakeholders and vendors.

Oversee fund valuation, expense tracking, and Net Asset Value processes to support robust, compliant, and effective operations.

Participate in regional operational efficiency enhancements and strategic projects.

What we're looking for

More than five years of buy-side Middle Office experience covering trade matching, settlement, derivative life cycles, reconciliation, corporate actions, and cash-related activities.

Strong working knowledge of public market instruments, including equities, fixed income, foreign exchange, exchange-traded and over-the-counter derivatives, collateral management, and front-to-back office workflows.

Knowledge of Asia Pacific market-specific settlement processes and, preferably, broader asset management industry regulations.

Experience acting as a subject matter expert in projects or initiatives within the asset management industry.

Experience with outsourced Middle Office models and third-party fund service providers is highly advantageous.

Demonstrated business analysis, analytical, problem-solving, and project skills.

A university degree in Business Administration, Economics, Finance, or a related discipline.

Digitalisation experience, programming skills, and familiarity with Bloomberg AIM are advantageous.

Client- and results-oriented, self-starting approach with the ability to work effectively in a multicultural environment.

Excellent communication, influencing, negotiation, and conflict-resolution skills.

Ability to work independently, provide regular feedback, and escalat…

Highly organised and structured, with the ability to manage multiple priorities under pressure.

Commitment to continuous improvement and the confidence to question and challenge the status quo.

Excellent verbal and written English communication skills. Cantonese and/or Mandarin proficiency is a distinct advantage.