Business Development (Asia) - Prime Brokerage & Clearing

About the role

DV Equities, the Asia-Pacific equities and futures market-making business of DV Trading, is looking for someone to manage its prime brokerage, clearing and local broker relationships across Asia. You will select and negotiate with providers, run onboarding and monitor how each relationship performs once live. The role requires a working understanding of how prime brokers and clearing firms operate in each market, including margin methodology, financing, stock loan, connectivity and settlement.

Key responsibilities

• 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 (Stock Connect, QFII), Korea, Taiwan, India and Southeast Asia, including account structures and market-specific rules
• 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, including margin efficiency, financing costs, borrow, fails and connectivity uptime
• 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 profile

• 5+ years in prime brokerage, clearing, PB or FCM relationship management, or trading operations, with meaningful Asia coverage
• Experience negotiating commercial agreements with brokers or vendors
• Fluent English; Mandarin, Cantonese or Japanese is a plus
• Willingness to travel within the region

Required skills

• Practical knowledge of margin methodologies, financing and stock loan, futures give-up and clearing, and settlement across APAC markets
• Familiarity with restricted-access markets, local brokers, omnibus and segregated accounts and investor ID regimes
• Understanding of FIX and DMA connectivity, allocation and reporting feeds; able to work with engineers on integration requirements