Securities Finance Trader

Talentquest HR Limited; Hong Kong; On-site; HKD 350,000 - 600,000; Full time

Job summary

Talentquest HR Limited seeks an experienced SBL/Repo trader to manage borrow availability, financing costs and trading P&L in a fast-paced Hong Kong environment. You will monitor rates, liquidity and market dynamics while maintaining strong counterparty relationships.

You will handle recalls, buy-ins, settlements and post-trade processes, ensuring adherence to internal risk controls and regulatory requirements. Fluency in English, Mandarin and Cantonese is valued.

Qualifications

• 2–3 years of hands-on experience in SBL, Repo, Securities Lending or related trading role
• Direct SBL / Repo / securities financing experience is essential
• Strong understanding of securities lending and financing markets
• Experience with broker-dealers, prime brokers or institutional clients is preferred
• Strong numerical, analytical and problem-solving skills

Responsibilities

• Execute and manage SBL / Repo transactions with focus on borrow availability, utilization and P&L
• Monitor stock borrow availability, lending rates, liquidity and market supply/demand
• Manage daily SBL / financing positions and monitor HTB stocks, recalls, buy-ins and rate movements
• Assess market, counterparty and liquidity risks within risk/compliance limits
• Maintain and develop relationships with lenders, borrowers, brokers and counterparties
• Negotiate borrowing/lending rates, terms and inventory availability
• Collaborate with Operations and Technology to ensure settlement, reconciliation and reporting
• Support trading strategies and provide market feedback and UAT input
• Follow up on recalls, corporate actions and post-trade matters
• Work with Tech/Product teams to enhance trading tools and workflows

Skills

SBL trading

Securities lending

Trading

Analytical thinking

Tools

Python

SQL

Excel

Job description

Execute and manage SBL / Repo transactions, with a focus on borrow availability, utilization, financing costs and trading P&L. Monitor stock borrow availability, lending rates, liquidity and market supply/demand to identify trading and financing opportunities. Manage daily SBL / financing positions and monitor HTB stocks, recalls, buy-ins and rate movements.

Key responsibilities

Execute and manage SBL / Repo transactions, with a focus on borrow availability, utilization, financing costs and trading P&L

Monitor stock borrow availability, lending rates, liquidity and market supply/demand to identify trading and financing opportunities

Manage daily SBL / financing positions and monitor HTB stocks, recalls, buy-ins and rate movements

Assess market, counterparty and liquidity risks, and ensure positions remain within internal risk and compliance limits

Maintain and develop relationships with lenders, borrowers, brokers and other market counterparties

Negotiate borrowing/lending rates, terms and inventory availability where appropriate

Work closely with Operations and internal teams to ensure smooth settlement, reconciliation and resolution of trade fails or discrepancies

Follow up on recalls, buy-ins, corporate actions and other post-trade matters

Work with Technology / Product teams to enhance trading tools, workflows, pricing, automation and reporting

Provide market feedback and support UAT, system enhancements and development of SBL trading strategies

About you

2–3 years of hands‑on experience in SBL, Repo, Securities Lending, Securities Financing or a closely related trading role

Direct SBL / Repo / securities financing experience is essential

Strong understanding of securities lending and financing markets, including borrow availability, rates, recalls, buy-ins, utilization and liquidity

Experience with broker‑dealers, prime brokers, institutional clients or market counterparties is highly preferred

Strong numerical, analytical and problem-solving skills, with good market awareness

Able to work effectively in a fast-paced trading environment and handle time-sensitive situations

Strong communication skills with the ability to work across Trading, Operations, Risk, Compliance and Technology

Fluent in English, Mandarin and Cantonese

Strong Excel skills; Python, SQL or other trading/data tools are a plus