Business Development (Asia)
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As a Business Development professional at DV Trading, you will manage DV Equities' prime brokerage, clearing and local broker relationships across Asia. You'll be responsible for selecting and negotiating with providers, running onboarding, and monitoring relationship performance once live. This 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, and a clear view of each provider's strengths and weaknesses.
What you'll do
- 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
What you bring
- 5+ years in prime brokerage, clearing, PB or FCM relationship management, or trading operations, with meaningful Asia coverage
- Practical knowledge of margin methodologies, financing and stock loan, futures give-up and clearing, and settlement across APAC markets
- Familiarity with restricted-access markets and how local brokers, omnibus and segregated accounts, and investor ID regimes work
- Understanding of FIX and DMA connectivity, allocation and reporting feeds, and ability to work with engineers on integration requirements
- Experience negotiating commercial agreements with brokers or vendors
- Fluent English
- Willingness to travel within the region
Nice to have
- Mandarin, Cantonese or Japanese
About DV Trading
DV Trading is an independent proprietary trading firm headquartered in Chicago and part of the DV Group, a financial services firm with more than 600 people across North America, Europe and Asia. DV Equities is the group's Asia-Pacific equities and futures market-making business, trading cash equities, ETFs, index futures and related products on exchanges across the region.
