Business Development (Asia)
Core
Manage DV Equities' prime brokerage, clearing, and local broker relationships across Asia to provide liquidity and market access.
Role type
Senior IC prime brokerage and clearing operations manager
Builds
Prime brokerage, clearing, and local broker relationships across APAC markets
Domain
Financial services, equities and futures market-making, prime brokerage, clearing
Deliverable
client delivery
Required skills
Prime brokerage relationship management, clearing firm operations, margin methodology, financing terms, stock loan, futures give-up, settlement processes, local carry broker management, sub-custody operations, commercial agreement negotiation, onboarding coordination, regulatory compliance monitoring, FIX/DMA connectivity understanding
Preferred skills
Mandarin, Cantonese, or Japanese language proficiency
Technologies
FIX, DMA
Responsibilities
Manage relationships with prime brokers, FCMs, and clearing firms across APAC; Assess and compare providers by market on margin models, financing terms, stock loan availability, DMA and connectivity, and operational quality; Manage local carry broker and sub-custody relationships in markets such as China, Korea, Taiwan, India, and Southeast Asia; Negotiate PB, clearing, and give-up agreements including fees, margin terms, financing spreads, and legal provisions; Run onboarding for new providers and markets coordinating legal, KYC, connectivity, testing, and go-live; Review provider performance on margin efficiency, financing costs, borrow, fails, and connectivity uptime; Troubleshoot allocation, give-up, corporate action, and settlement issues; Monitor regulatory and market structure changes affecting market access and clearing
Seniority
Senior, hands-on IC
