Business Development (Asia)

The role

This person will manage prime brokerage, clearing, and local broker relationships across Asia. They will select and negotiate with providers, run onboarding, and monitor relationship performance.

What you will do

• 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 with internal teams
• Review provider performance on an ongoing basis
• Troubleshoot allocation, give-up, corporate action and settlement issues with brokers and internal operations
• Monitor regulatory and market structure changes affecting market access and clearing in the region

Required qualifications

• 5+ years in prime brokerage, clearing, PB or FCM relationship management, or trading operations, with meaningful Asia coverage
• Practical knowledge of margin methodologies, financing and stock loan, futures give-up and clearing, and settlement across APAC markets
• Familiarity with restricted-access markets and how local brokers, omnibus and segregated accounts, and investor ID regimes work
• Understanding of FIX and DMA connectivity, allocation and reporting feeds
• Experience negotiating commercial agreements with brokers or vendors
• Fluent English
• Willing to travel within the region

Nice to have

• Mandarin, Cantonese or Japanese

Before you apply

• DV is not accepting unsolicited resumes from search firms
• Only search firms with valid, written agreements with DV should submit resumes

About the company

The DV Group of financial services firms has more than 600 people across North America, Europe and Asia. DV Trading is an independent proprietary trading firm that provides liquidity to markets worldwide.