Equities Delta 1 Compliance, Vice President

The Vice President of Equities Compliance covers EQ business and primarily responsible for Delta‑1 and F&O businesses, including swaps, index arbitrage, quantitative trading strategies, equity financing activities, capital introduction, Outsource Trading desk, etc. The role is based in Hong Kong and focuses on the unique regulatory and market‑access requirements of India, Taiwan, Korea and China restricted markets across the APAC region.

The VP will act as a key advisor to front‑office trading desks, ensuring adherence to cross‑border trading rules, foreign investor regimes, disclosure and reporting obligations, and conduct regulations. This role requires strong familiarity with regulatory frameworks, market infrastructure, and restricted‑market controls in the three jurisdictions.

Key Responsibilities

1. Advisory to Delta‑1 and Equity Derivatives Trading

• Provide day‑to‑day compliance guidance to Delta‑1 trading desks, including swap trading, hedging activity, equity financing, capital introduction, outsource trading desk, etc..
• Advise on regulatory constraints for India, Taiwan, Korea and China, including foreign ownership limits, investor eligibility requirements, beneficial ownership reporting, market‑access restrictions and daily / monthly regulatory reporting..
• Support trading strategies involving equity swaps, and cross‑border hedging to ensure they comply with local and extraterritorial rules.

2. Restricted‑Market Controls & Transaction Review

• Review and approve trades requiring compliance clearance, including exposures that may trigger foreign investor thresholds or sectoral caps.
• Assess the permissibility of synthetic exposures (e.g., swaps, futures) linked to restricted‑market underlying securities.
• Coordinate with Operations and Middle Office to ensure accurate classification of restricted securities, issuer lists, and ownership limit monitoring.

3. Surveillance, Market Conduct & Post‑Trade Monitoring

• Oversee surveillance of Delta‑1 and derivative activities for insider trading, manipulation, improper hedging behaviour, cross‑border information leakage, and restricted‑list breaches.
• Work with global surveillance teams to calibrate models and alerts for restricted‑market scenarios (e.g., market‑closure windows, quota constraints, unusual price movements).
• Investigate escalations and ensure timely resolution, documentation, and reporting.

5. Policy Development & Regulatory Compliance

• Maintain and update APAC compliance policies and procedures relating to Delta‑1, swaps, derivatives, restricted‑market trading, and foreign investor rules.
• Monitor regulatory changes from SEBI/RBI (India), FSC/TWSE (Taiwan), FSS/KRX (Korea), CSRC/SSE/SZSE (China) and translate them into business guidance and control enhancements.
• Assist with regulatory inquiries, audits, and inspections involving trading activity, reporting, and market conduct.

6. Training & Front‑Office Partnering

• Deliver training on restricted‑market rules, foreign ownership limits, synthetic exposure guidelines, information‑barrier obligations, and market conduct risks.
• Provide compliance input for new product approval processes, trading initiatives, platform upgrades, and business expansion involving Delta‑1 and equity derivatives.

Qualifications & Experience

• Bachelor’s degree required; legal, finance, or risk‑related qualification preferred.
• 8-12 years of compliance, regulatory, or risk experience in investment banking or markets.
• Strong technical knowledge of Delta‑1 products and Prime businesses, swaps, equity‑linked hedging, capital introduction, Outsource Trading desk, etc.
• Practical working knowledge of regulatory frameworks in India, Taiwan, Korea, and China (e.g., SEBI/RBI, FSC/TWSE, FSS/KRX, CSRC/SSE/SZSE).
• Experience advising trading desks and understanding trading workflows and control environments.
• Strong analytical, communication, and stakeholder‑management skills.
• Ability to manage multiple time‑sensitive matters across jurisdictions.

Core Competencies

• Strong regulatory and conduct‑risk mindset in HK and APAC restricted market across APAC region
• Deep understanding of equities and derivatives trading
• Ability to translate complex rules into practical guidance
• Strong judgment and decision‑making
• High attention to detail and accuracy
• Independent, proactive, and solutions‑driven
• Effective collaboration with global and regional teams