Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Our APAC Equities Prime Financing business is seeking a Director, Securities Lending / Stock Loan Trader to join the APAC trading team in Hong Kong. This role will have direct responsibility for managing trading risk, optimising inventory and balance sheet usage, and supporting client financing activity across APAC equity markets. The role requires strong product knowledge, sound risk judgement, and the ability to partner effectively with sales, risk, operations and global trading teams.
Responsibilities:
- The role is responsible for managing day-to-day securities lending and stock loan trading activity, including pricing, hedging, booking, risk monitoring and P&L reporting.
- Actively manage collaterals, borrow availability, funding levels and balance sheet utilisation across relevant markets.
- Source and allocate stock borrows via internal inventory, agent lenders and market counterparties, while managing recalls, buy‑ins, fails and corporate actions.
- Proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and implementing trading strategies to achieve revenue goals.
- Having in-depth knowledge of risk management, hedging, and trading strategies as well as market characteristics.
- Partners with sales teams to help the bank's clients execute trading activities, while sharing knowledge of the current market environment.
- Performs trading activities in compliance with regulations, industry standards, and other requirements and ensures trading orders are executed with the highest degree of accuracy and time efficiency.
Requirements:
- Minimum 10 years of relevant experience in securities lending / stock loan trading within Prime Brokerage or Prime Financing.
- Strong understanding of equity financing markets, including inventory management, funding dynamics, and balance sheet considerations.
- Solid knowledge of equity market structure, settlement processes and short‑selling regulations, particularly across APAC markets.
- Demonstrated ability to manage risk and time‑sensitive decision‑making in a fast‑paced trading environment.
- Strong analytical and data skills, with programming (e.g. Python) to support trading or inventory decisions is an advantage.
- Excellent communication and collaboration skills, with the ability to work effectively across trading, sales, quant, risk, operations and technology teams.