Trade Support
HK
Join us. Let’s care for tomorrow.
At Allianz Global Investors we foster a culture of professionalism, fulfilment, and an inclusive working environment. Do you want to be part of a leading active asset management company? Then join us now as Trade Support in Hong Kong within the Trade Support Group (TSG) sub-group unit Under Regional Asia Pacific Trading team.
What you will do
Trading Services - Junior Trader or Trade Support Staff:
- Manage Commission Data, Targets vs Actual #’s, Reports & Commission Sharing Agreement (CSA) data.
- Generate blended quarterly commission reports, semi-annual, & annual year end transaction & market data for management use.
- Monitor post-trade executions daily via Virtu’s Daily Execution Monitoring Trade Cost Analysis (TCA) reports.
- Conduct End of Day (EOD) cross-checking of Trader’s orders by markets for accuracy and correctness, missed orders or other discrepancies.
- Data Analytics & Trade Intelligence, develop and maintain automated reporting pipelines for trade execution metrics across asset class in Python/VBA, visualisation in PowerBI/ Databrick.
- Track paperwork process of IPO’s & Placements; Ensure subsequent allocations are done in line with the internal fairness policies. Maintain IPO summary data & provide compliance IPO participation info
- Provide Re-charge transaction data & Transfer Pricing between AllianzGI AP, JP, Singapore, Malaysia & Taiwan for Finance & Compliance Dept.
- Assist in compiling daily market news for the morning meeting and preparing mid-market updates for the daily equity email.
- Must work with manager and respond in a timely manner to compliance enquiries.
- Use Bloomberg AIM (The Asset and Investment Manager) extensively and must know main functionality.
- Keep abreast of IPO’s and other ECM deals, sharing this information with the investment team, and work with brokers on deals we’re interested in.
- Resolve settlement problems, working as bridge between brokers & settlements on daily trades and on specific paperwork required for trading.
- Continually question current workflows, look for better ways of doing our job, and stay up to date on the most advanced trading technologies.
Cash Support Tasks:
- Placing fixed cash deposits per Portfolio Managers (PM’s) instructions.
- Update Unit Trust Transactions & handle some Fund of Fund (FOF).
FX and FFX Trading & Execution Tasks:
- Able to execute FX and FX Forward (FFX) orders as per PM’s instructions.
- Monitoring FX (TCA) reports and continually look for areas of improvement.
Other Asset Classes (Equities, Fixed Income, Derivatives), 2nd stage within first 24-36 months:
- Depending on candidate’s aptitude and progression in above TSG tasks, we would expect this trade support staff or junior trader to fully learn about the other asset classes we trade on the desk and work with other traders on their executions.
- Negotiate with brokers in the event we receive a sub-standard execution not following our instructions, and at the same time keep the relationship professional.
- Learn how to network and scour the market discreetly to identify flow and matching opportunities.
What you bring
- Attain full SFC license qualifications after immediately taking exams for Type 1, 2 and 9 licenses. Over time there may be several other licenses that are required.
- Bachelor's degree in Finance, Economics, Computer Science or related fields. Fresh graduates are welcome to apply.
- Knowledge and proficiency will be built in Bloomberg Trading functions AIM, EMSX, TSOX, etc, and custodial systems extensively.
- Strong technical (Python, SQL, Excel VBA, as well as SAP Business Object reporting software, PowerBI, Databricks and database management is a plus.
- Experience in middle or back-office roles on buy or sell side helpful in understanding the full life cycle of trade executions.
- Experience handling projects, corporate actions, settlement, funds accounting experience an advantage.
- Highly ethical & thoughtful work habits with a strong desire to understand various regulatory environments.
- Disciplined, well organised, & able to pay close attention to details in a fast-paced and sometimes stressful working environment.
- Results Oriented and organized working style with strong self-learning skills.
- Be a great teammate, highly reliable, exhibit strong communication skills and have willingness to take ownership.
- English fluency critical, but other Asian languages beneficial.
- AI skills: Python/ VBA/ PowerBI/ Databrick.
What we offer
- We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development and personal priorities (e.g., hybrid model/ flexible working hours)
- Securing your future: Access to company pension/savings plans
- Shared success: Company share purchasing plan
- Support for what matters: Mental health and wellbeing programs
- Investments in your career: Career opportunities within the entire Allianz Group
- Investments in your skills: Comprehensive learning and development offerings, including certifications and professional qualifications
- … and so much more!
About Allianz Global Investors
Allianz Global Investors is a leading global active asset manager.
We invest for the long term and want to create value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their needs, and build solutions based on capabilities across public and private markets. Our focus on enhancing our clients’ assets leads naturally to a commitment to sustainability for positive change. Our goal is to enhance the investment experience for clients, whatever their location or goals.
Putting our clients' needs first, behaving in a transparent way and treating people fairly means acting with integrity. We encourage a collegial culture, that supports individual responsibility. We invest in the development of our employees to maximize the power of innovation.
We at Allianz believe in a diverse and inclusive workforce, we are committed to the principles of Equal Employment Opportunity and to helping applicants with any disabilities. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board.
If you feel inspired to promote the active asset management experience, this is the place for you. Join our diverse, international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position! If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com
To Recruitment Agencies:
Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters.
When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place.
Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors.
Finally, please do not contact hiring managers directly.
84215 | Asset & Investment Management | Professional | n.a. | Allianz Global Investors | Full-Time | Permanent