Fixed Income Middle Office, Associate at Jefferies

Hong Kong, Hong Kong Island, Hong Kong S.A.R. -

Full Time

Start Date

Immediate

Expiry Date

30 Apr, 26

Salary

0.0

Posted On

30 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fixed Income, Trade Support, Operations, Corporate Bonds, Sovereign Bonds, Foreign Exchange, Credit Default Swaps, Total Return Swaps, Trade Lifecycle, Settlement Processes, Operational Risk Controls, Excel, Power BI, Communication, Stakeholder Management, Team Player, Ownership

Industry

Investment Banking

Description

Team Overview The Asia Fixed Income Middle Office team is responsible for providing critical trade support and lifecycle management for Fixed Income trading desks across the region. We work closely with traders, sales, operations, and technology teams to ensure smooth execution and settlement across multiple markets/depositories. Position Summary We are looking to hire an Associate to join our Fixed Income Middle Office team based in Hong Kong, replacing a departing team member. This is a hands-on BAU role and not a managerial position. The successful candidate will be expected to operate independently and efficiently in a fast-paced environment, with deep product and system knowledge to provide end-to-end trade support for our Asia Credit Developed/Emerging Markets Trading Desks and Fixed Income Cross-Product sales desks. The role involves regular interaction with global counterparts, as well as strong collaboration with Singapore and Tokyo based team members to ensure consistent regional coverage. Key Responsibilities Provide end-to-end trade support for Fixed Income products, including: Corporate and Sovereign Bonds / Foreign Exchange (FX) / Credit Default Swaps (CDS) / Total Return Swaps (TRS) Ensure timely and accurate trade capture, booking, and lifecycle updates in front-to-back systems Monitor and resolve trade exceptions, breaks, and settlement issues across internal systems and external platforms Collaborate with trading, sales, operations, and compliance teams to resolve discrepancies and mitigate operational risk Support market expansion initiatives including: Northbound Bond Connect / China QFI Fixed Income trading / LATAM bond / Portfolio trading during Asia hours Manage counterparty onboarding documentation and standard settlement instruction (SSI) maintenance Participate in regulatory reporting, reconciliations, control checks, and project-related system UAT where required Key Systems & Tools Bloomberg TOMS (Trade Order Management System) Murex (trade booking and risk platform) DTCC CTM (Central Trade Manager – for trade matching) ALERT (SSI reference database) Fidessa CTAC (Fidessa Client Trade, Allocation and Confirmation system) Qualifications & Requirements 5+ years of experience in a Fixed Income Middle Office, Trade Support, or Operations role In-depth understanding of fixed income and derivative products across bonds, FX, CDS, TRS and repo markets Strong knowledge of trade lifecycle, settlement processes, post-trade processing and operational risk controls Proficient in Excel; working knowledge of Power BI for reporting and data visualization is a strong advantage Highly detail-oriented, resourceful, and able to prioritize effectively under pressure Experience with key platform/systems listed above Excellent communication and stakeholder management skills Fluent in English; proficiency in Mandarin or Cantonese is advantageous due to regional coverage A proactive team player with a strong sense of ownership and accountability Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments. At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients. Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.

Responsibilities

The Associate will provide end-to-end trade support for Fixed Income products and ensure timely and accurate trade capture and lifecycle updates. The role involves monitoring and resolving trade exceptions and collaborating with various teams to mitigate operational risk.