Head of Execution Consulting, APAC - Electronic Trading

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Liquidnet

Liquidnet is a leading technology-driven, agency execution specialist that intelligently connects the world’s investors to the world’s investments. Since our founding in 1999, our network has grown to include more than 1,000 institutional investors that collectively manage $33 trillion in equity and fixed income assets. Our network spans 46 markets across six continents. We built Liquidnet to make global capital markets more efficient and continue to do so by adding additional participants, enabling trusted access to trading and investment opportunities, and delivering the actionable intelligence and insight that our customers need.

Role Overview

As Head of Execution Consulting APAC, you will play a leading role in the expansion of Equity Execution services, representing one of the leading agency equity single-stock and portfolio trading desks in the APAC region and globally. 

The Head of Execution Consulting APAC is responsible for leading a team thatsupports the sales effort for equity products and services, and leads the development and delivery of Execution Consulting and Client Analytics services, such as TCA, Market Microstructure, and Best Execution reporting.  

The role is a key client-facing position, where you will build relationships with clients on a daily basis to deliver consulting services and support the sales effort alongside Sales Traders, Business Development, and Senior Management.

This role reports to the APAC Head of Execution & Quantitative Services (EQS), who is tasked with developing and supporting a successful trading department, including a trading desk, strategies, TCA & analytics, resources, and processes that deliver financial results in alignment with our business objective.

Role Responsibilities

Execution Consulting & TCA

• Lead meetings with Liquidnet clients/members to conduct TCA reviews and discuss the usage of Liquidnet products.

• Responsible for producing Global TCA reports for Asia clients across all Liquidnet products, including Negotiated, Algorithmic Trading and Execution Services.

• Ensure inbound member inquiries regarding execution performance for both negotiated and algorithmic trading activity are responded to by the Execution Consulting team

• Partnering with other members of the EQS team and Equity Product to drive the development of Liquidnet’s TCA and data platform, including the addition of new Asia-specific trading benchmarks.

• Ensure there is a system and process for the periodic monitoring of execution quality.

• Generating Market Structure content to inform clients of regulatory changes affecting venue usage and how Liquidnet products can help clients navigate the market.

• Work with the Head of EQS APAC on strategic initiatives across the franchise.

Equity Sales & Distribution

• Work with Business Development to support upcoming sales meetings and sales campaigns.

• Partner with Traders to drive the usage of equities products through regular client engagement.

• Work with Marketing and other team members to drive the design and development of marketing materials for equity products and campaigns 

• Ensure the team is able to provide relevant data and support materials to keep marketing materials up-to-date, including design and statistics on a quarterly basis or when a change is made to our process/products (whichever comes first).

Experience / Competences

Essential

• Motivated self-starter who takes ownership of their responsibilities, with the ability to work autonomously.

• Experience in delivering Execution Consulting content to buyside clients.

• Deep understanding of Transaction Cost Analysis.

• Strong working knowledge of APAC Equity Market Structure.

• Experience with equity execution algorithms and algo wheels.

• Proven ability to work and interact with industry peers.

• Proven experience at managing people.

• Ability and ease of working with large datasets.

• Team-player who enjoys interacting with teams across a number of departments and geographies.

• Excellent communication and presentation skills.

• Strong numerical, analytical skills, with a solid understanding of statistics.

• Good knowledge of Microsoft Excel, PowerPoint and Power BI

• Must possess or maintain the necessary licensing requirements (SFC Paper 1)

• Fluent in English

Desired

• Degree-level qualification, ideally in Computer Science, Applied Sciences, or Statistics

• Practical programming experience highly desirable: Python, SQL, KDB+, Pandas

• Keen interest in financial markets and in working with trading and market data.

• Experience developing and maintaining dashboards using Dash and Power BI

• Cantonese or Mandarin.

#LI-DIR ​

#LNET

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

Location

Hong Kong - 25th Floor - One Hennessy - Wan Chai