Equity Derivatives - Trader

About Us:
Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:
a) not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
b) actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
c) integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

Job Description:

1. Execution Management

• Execute day-to-day delta one hedging activities, including equity and futures TRS for multiple markets, FX hedging etc.
• Monitor the execution in both high touch and low touch. Take prompt actions when necessary.
• Manage overall delta one book risk profiles including delta, dividends, contract expiry and multi-currency FX exposures.

2. SBL & Equity Financing Expansion

• Run the day-to-day SBL book to optimize inventory utilization and generate financing yield.
• Source borrow and manage inventory across multiple sources.
• Mange the overall recall risk for the short book.
• Price and structure equity financing transactions to support internal desks and institutional clients.

3. Risk Controls & Governance

• Maintain strict adherence to desk risk limits, regulatory frameworks, and internal compliance mandates.
• Identify, quantify, and mitigate operational, counterparty, and market risks in volatile environments.
• Reconcile daily PnL, positions, and corporate actions with high precision to ensure minimal operational leaks.

4. Project Ownership & Infrastructure

• Lead desk infrastructure upgrades, automation tools development, and booking system migrations.
• Collaborate with IT, Risk, Legal, and Operations to streamline end-to-end trading workflows.
• Take end-to-end ownership of launching new financing products and onboarding new market access.

Qualifications:

1. Experience & Technical Knowledge

• Experience: 3 to 6 years in Equity Derivatives, Delta One, or SBL trading roles.
• Products: Deep understanding of swaps, synthetic products, ETFs, SBL and funding mechanics.

2. Soft Skills & Mindset

• Detail-Oriented: Extreme precision in trade entry, corporate action analysis, and data management.
• Structured Mind: Ability to break down complex operational problems and design scalable solutions.
• Ownership: Self-starter attitude with a strong sense of accountability for desk projects and PnL.

3. Systems & Languages

• Tools: Proficiency in trading systems, Excel, Bloomberg, and quantitative tools (Python preferred).
• Languages: Fluent in English, Mandarin and Cantonese