Head of Dealing

Eastspring is a global asset manager with Asia at its core. We create a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Eastspring a place where you can Connect, Grow and Succeed.

.

.

KEY ACCOUNTABILITIES

Candidate Experience Profile:

The successful candidate should bring broad experience supporting diverse investment mandates spanning active & passive equities, active & passive fixed income, tactical asset allocation (TAA) and multi-asset strategies . This breadth should enable the role holder to understand differing portfolio objectives, liquidity profiles, implementation constraints and execution requirements across investment teams and client mandates.

This should be complemented by strong cross-asset trading expertise across equities, fixed income, foreign exchange and both listed and OTC derivatives , together with practical knowledge of instruments including futures, options, total return swaps (TRS), credit default swaps (CDS), interest rate swaps (IRS), cross-currency swaps (CCS) and bond forwards.

The role also requires demonstrated capability to lead complex, cross-functional execution programmes, with increasing emphasis on ETF platform development and product launches . This includes coordinating dealing readiness across portfolio management, capital markets, product, operations, technology, risk, compliance, legal, custodians, authorised participants, market makers and trading venues; establishing scalable execution, creation/redemption and liquidity-support arrangements; and embedding effective controls, governance and post-launch monitoring.

Role Purpose:

Lead the firm’s dealing function and provide a consistent, high-quality execution capability across asset classes, markets and diverse investment mandates, including active and passive equities, fixed income, tactical asset allocation and multi-asset strategies. The role is accountable for best execution, cross-asset trading, trading governance, counterparty oversight, team leadership and the ongoing development of the dealing operating model. It also provides senior execution leadership for ETF platform development, product launches and other complex strategic programmes. The role partners with portfolio management, capital markets, product, investment risk, compliance, operations, technology and legal teams to deliver efficient implementation of investment decisions while protecting clients and the firm.

Key Outcomes:

• •Client orders are executed fairly, efficiently and in accordance with the firm’s best execution policy, client mandates and applicable laws and regulations.
• •Execution quality is demonstrably monitored through relevant data, transaction-cost analysis and documented governance, with issues identified, escalated and remediated promptly.
• •The dealing platform is resilient, scalable and appropriately controlled across people, processes, systems, data, counterparties and outsourced arrangements.
• •Portfolio managers receive high-quality market intelligence, implementation advice and transparent feedback on liquidity, capacity, cost and execution risk.
• •The dealing team has clear accountability, strong technical depth, effective succession coverage and a culture of challenge, integrity and continuous improvement.

Accountabilities:

1. Execution leadership and investment implementation

• •Lead and oversee order execution across relevant asset classes, instruments, trading venues and markets, ensuring appropriate prioritisation, allocation and handling of orders.
• •Set execution strategy and standards, balancing price, cost, speed, likelihood of execution and settlement, market impact, liquidity, counterparty risk and client-specific constraints.
• •Provide portfolio managers with informed advice on implementation approach, liquidity conditions, market structure, execution timing and material trading risks.
• •Oversee complex, sensitive or high-risk transactions and ensure clear escalation where market conditions, liquidity or operational limitations could affect client outcomes.
• •Promote fair and consistent treatment of clients, including robust controls over aggregation, allocation, cross trades, restricted securities and potential conflicts of interest.

2. Best execution and execution-quality governance

• •Own and maintain the firm’s best execution framework and dealing procedures, in partnership with Compliance, Legal, Investment Risk and Operations.
• •Establish a proportionate monitoring framework using transaction-cost analysis, pre- and post-trade analytics, exception indicators and qualitative review.
• •Chair or provide substantive input to relevant broker, counterparty, execution and investment governance forums; present clear management information, trends, breaches and remediation.
• •Ensure execution arrangements, venues, algorithms, counterparties and trading protocols are reviewed periodically and remain appropriate for the firm’s products, markets and clients.
• •Maintain evidence supporting execution decisions and policy compliance, including defensible treatment of instruments or markets where quantitative comparison is limited.

3. ETF and strategic programme execution

• •Provide senior dealing leadership for other complex investment-product, market-access, regulatory, technology and operating-model programmes.
• •Oversee post-launch stabilisation and review, using execution, liquidity and operational data to identify improvements and support scalable growth of the ETF platform.
• •Define launch criteria, testing requirements, controls, escalation paths and management information, and ensure issues are resolved before go-live.
• •Coordinate readiness across authorised participants, market makers, brokers, exchanges, custodians, fund administration, operations, technology, risk, compliance, legal and product teams.
• •Partner with ETF portfolio management and capital-markets stakeholders on primary- and secondary-market operating arrangements, liquidity, spreads, execution protocols, basket handling and creation/redemption processes.
• •Lead dealing workstreams for ETF launches, conversions and platform enhancements, ensuring execution readiness is integrated into the end-to-end product implementation plan.
• •Promote a culture of assessing Risk vs Nav pricing on ETFs to ensure optimal execution
• •Work closely with ETF Capital Markets to promote accountability through periodic broker reviews across marker makers, authorized participants and banks. All partner brokers have an ETF support line item in the list of partnerships asks.

4. Data-Driven Best Execution and Transaction Cost Analysis

• •Demonstrated expertise in designing and applying rigorous pre- and post-trade transaction cost analysis (TCA) frameworks, including implementation shortfall, opportunity cost, market impact, adverse selection, and broker and algorithm performance attribution.
• •Proven ability to translate execution analytics into actionable changes to trading strategies, broker selection, algorithm usage, and execution processes.
• •Evidence of delivering measurable improvements in execution quality and investment outcomes, beyond the development of reporting or monitoring dashboards.

5. Quantitative Investment Mindset and Alpha Preservation

• •Strong understanding of quantitative investment processes, including alpha decay, portfolio turnover, execution urgency, liquidity and capacity constraints, and the interaction between portfolio construction and trade execution.
• •Ability to assess how execution choices affect realised alpha, transaction costs, tracking error, capacity, and overall portfolio performance.
• •Demonstrated ability to work as an active partner to quantitative researchers and portfolio managers, incorporating implementation consid