VP, Operations - Middle Office (FICC)

Charterhouse Hong Kong; Hong Kong; On-site; HKD 800,000 - 1,100,000; Full time

Job summary

Charterhouse Hong Kong represents a well-established financial institution in Hong Kong seeking an experienced VP, Operations Management (FICC) to lead a middle office team responsible for Fixed Income and derivatives products.

The role requires deep product knowledge, people leadership, and a proven track record of driving operational excellence in a fast-paced trading environment. Mandarin and English fluency is desirable for cross-border coordination.

Qualifications

• Bachelor's degree in Finance, Economics, or related field.
• Minimum 8 years in Middle Office, Trade Support, or Operations within a financial institution.
• Strong product knowledge across Fixed Income, Rates, Credit, Derivatives, and structured products.

Responsibilities

• Lead end-to-end trade lifecycle across multiple asset classes (Fixed Income, Derivatives, etc.).
• Oversee trade capture, allocation, confirmation, settlement, and regulatory reporting processes.
• Manage reconciliations and risk-focused controls; resolve exceptions and breaks.
• Serve as escalation point for complex issues and incidents.
• Coach and develop a team of middle office professionals.
• Collaborate with Front Office, Risk, Compliance, Finance and Technology to maintain strong controls.
• Drive process improvements, system enhancements, and onboarding of new products.
• Support UAT, platform migrations and strategic transformation projects.
• Coordinate regulatory reporting and audit/regulatory interactions.
• Provide MI and trend analysis to support decision-making.

Skills

Leadership

Trade lifecycle

Regulatory reporting

Stakeholder management

Analytical skills

Problem solving

Communication

Excel

Front Office liaison

Education

Bachelor's degree in Finance or related

Tools

Trade platforms

Reconciliations tools

Job description

Our client is a well-established financial institution seeking an experienced VP, Operations Management (FICC) to lead a middle office team supporting a broad range of fixed income and derivatives products. This is an excellent opportunity for a seasoned operations professional with strong product knowledge, leadership capabilities, and a proven track record in driving operational excellence within a fast-paced trading environment.

Our client is a well-established financial institution seeking an experienced VP, Operations Management (FICC) to lead a middle office team supporting a broad range of fixed income and derivatives products. This is an excellent opportunity for a seasoned operations professional with strong product knowledge, leadership capabilities, and a proven track record in driving operational excellence within a fast-paced trading environment.

Key Responsibilities

• Lead and oversee the end-to-end trade lifecycle across multiple asset classes, including Fixed Income, Rates, Credit, Commodities, derivatives, structured notes, and selected exotic products.
• Ensure accurate and timely execution of trade capture, allocation, affirmation/confirmation, settlement, and regulatory reporting processes.
• Manage daily trade, cash, and position reconciliations with counterparties, custodians, and brokers, ensuring prompt resolution of exceptions and breaks.
• Serve as the primary escalation point for complex operational issues, settlement disputes, and risk-related incidents.
• Lead a team of middle office professionals, providing coaching, performance management, and career development support.
• Partner closely with Front Office, Risk, Compliance, Finance, and Technology teams to maintain a robust operational control environment.
• Drive process improvement initiatives, system enhancements, automation projects, and new product onboarding activities.
• Participate in business change initiatives, including UAT, platform migrations, and strategic transformation projects.
• Support regulatory reporting obligations and ensure compliance with relevant regulatory requirements.
• Coordinate internal and external audit reviews, regulatory examinations, and remediation initiatives where required.
• Produce management information, operational metrics, and trend analysis to support decision-making and risk management.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
• Minimum 8 years of experience in Middle Office, Trade Support, or Operations within an investment bank, securities firm, or financial institution.
• Strong product knowledge across Fixed Income, Rates, Credit, Commodities, derivatives, structured products, and trade lifecycle management.
• Exposure to exotic products such as FX TARFs, accumulators, or other structured derivatives would be advantageous.
• Solid understanding of reconciliations, settlements, operational controls, and risk management practices.
• Experience managing teams and handling senior stakeholder engagement at VP level or equivalent.
• Familiarity with regulatory reporting requirements and audit/regulatory interactions.
• Proven experience partnering with Technology teams on system implementation, process re-engineering, and UAT initiatives.
• Strong analytical, problem-solving, and communication skills.
• Proficiency in Excel and trade support/reconciliation platforms.
• Fluency in English and Mandarin is required.