At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.
It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.
And to get there, we need leaders with the courage, clarity and humanity to inspire, guide and support their teams to thrive every day - in the work they do and the life they live. Our leaders always have and will play a vital part in our journey to help more people live Healthier, Longer, Better Lives, build healthier societies and cultivate healthier environments that better everyone.
If you sound like that leader, read on.
About The Role
Join us as Global Head of Trading at AIA Investment Management!
We are seeking for a Global Head of Trading to build and run a trade execution function that supports AIA's fixed income, equities, FX, derivatives activities with the objective of minimizing frictional cost of accessing the market and actively managing investment liquidity, oversight, provision of best practice advice and trading analytics to other AIA local trading desks.
Responsibilities
Execution Services: Implement best execution for all order flows in equity, fixed income, cash, FX, mutual funds, repos and derivatives coming through the AIAIM Trading desk
- Provision of market intelligence, feedback, trade updates to all portfolio managers using the AIAIM trading desk
- Regular meetings held with each AIA client to discuss ways of improving service quality, and trading performance against benchmarks
- Liquidity Management
- Collateral Management to support derivatives activity
- Market Intelligence: The trading function is an interface with the various markets in which it operates, identifying opportunities, tracking investment liquidity and market activity, advising on pricing and best execution strategies
Relationship Network Management: Manage and maintain a network of trusted and reciprocal relationships with market counterparties that enable AIAIM's investment and trading teams to make effective investment decisions:
- Counter-party reviews- providing feedback on quality of pricing, settlement efficiency
- Engagement with industry bodies representing AIA
- Global market standards- Manage payments to counterparties in a way which aligns with AIA investment teams use of their services
Documentation and Reporting: Unearth and report actionable intelligence on markets and trade performance to investment teams, management and internal and external stakeholders.
- Equity and fixed income trading performance reviewed in CEO report
- Review trading performance with BU clients and group trade performance subcommittee
- Pre Trade Analytics and Post Trade Analytics
- Trade documentation as required by the IGF and local regulatory authorities
- Electronic trading due diligence documentation where required by BU clients
Long-term Trading Strategies: Work with portfolio management teams to implement and execute trading strategies to deliver size at price across their investment ideas.
- Front office engagement
- Planning and project management
- Implementation of strategies
Leadership: Establish and maintain a high performing trade execution team that delivers high quality market intelligence, and timely, superior execution, is stable, motivated and operates consistent with the culture of AIA.
- Develop a strong trade execution team which has competence across a wide range of instruments, markets and venues
- Develop trading capabilities at local AIA trading teams when required
- Establish a strong culture of partnering with investment teams to achieve results.
- Succession Planning, Training and Organizational Development.
- Provide leadership on all aspects of dealing at AIA and lead ongoing development of AIA's trading infrastructure and scope.
- Organizing resources and tasks to maximize teams productivity.
Platform Development: Build and maintain a trading process and platform that provides fast, low-risk, cost-effective and low-profile execution capability to AIAIM
- Provision of trade execution services is a core service provided by AIAIM. The Head of Trading will ensure the setup and availability of a well-staffed and effective centralized trade execution desk that is available to trade whenever target markets are active (including public holidays in Singapore, different timezones etc.).
- Establish, manage and continually improve trade process.
- Enhance the order management system to be able to cope with a wide range of instruments and increased volumes
- BCP/DR Readiness.
Risk Management & Governance: Set a high bar for investment standards and good governance of the dealing function. Encourage diligent, structured checking of trades before going to market, as well as establishing a culture of only committing to trades the dealing team has a high expectation of being able to manage safely and well.
- Maintain standards and governance.
- Ensuring high quality price discovery and minimal market impact.
- Minimize execution errors.
Requirements
- Deep understanding of markets, management of dealing functions and at least 20 years actual dealing experience.
- Experience in Insurance AMCO a plus.
- Experience dealing for retail or multiple fund format investors a plus.
- Experience dealing in both equity, and fixed income markets in Asia.
- Understanding of Asian markets and an appropriate network to develop knowledge of the identity, structure and activities of players in the markets in which we operate
- Background in serving and supporting clients (i.e. not purely proprietary)
- Ability to build & maintain teams, to manage in a collegiate way while ensuring a delivery-focused operation, personal focus on Conduct and risk management, creativity and willingness to challenge
- Customer focused
- Able to act as a licensed representative in accordance with requirements from MAS.
Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
ABOUT AIA
For over a century, AIA has served the ever-changing needs of our customers across Asia-Pacific. Our Purpose to help millions of people live Healthier, Longer, Better Lives is at the heart of everything we do.
As pioneering innovators, we're now transforming AIA to be faster, simpler and more connected to create better solutions and impactful experiences for our customers and communities. AIA encourages and enables our people to act with clarity, courage and humanity in service of our Purpose.
JOIN US
At AIA, we believe in empowering every one of our people to find their better - in the work they do, the career they build, the life they live and the difference they make. Whether it's investing better wellbeing, inspiring better learning, building better relationships, or making a better impact on customers, a career at AIA will challenge you to find new ways to pursue your better.
AIA is committed to building a vibrant, diverse, and inclusive workforce for all employees to thrive in. Join us if you believe in creating a better tomorrow!
