Associate Director, FX, Derivatives & Digital Assets, CMPS

JOB SUMMARY

• Support the Product Manager in the global development, enhancement, and management of digital asset products—including custody, trading, payments, stable coins, and tokenized real-world assets—serving both retail and high net worth client segments.
• Coordinate cross‑functional teams (technology, legal, compliance, operations) to drive secure, innovative, and compliant digital asset solutions.
• Facilitate integration of digital assets with existing wealth management and retail banking platforms, while maintaining residual mandates across FX and derivative products.
• Handle new onboardings of liquidity and service providers for DA, equity derivatives and FX/precious metals derivatives.

• Develop and execute product strategies for digital assets—covering custody, payments, trading, tokenization, stable coins, and blockchain‑based products—leveraging market analysis, regulatory intelligence, and client feedback.
• Align product vision and commercial models with global market trends and regulatory requirements (MAS, HKMA, FCA, PRA) for retail and private banking clients.
• Analyse competitive landscapes for digital assets, payments, wealth digitalisation, and FX, recommending enhancements and new product initiatives to maintain best‑in‑class positioning.
• Manage and enhance wealth management derivatives product capability to provide a robust execution and risk monitoring platform across private bank, business banking and retail client segments.

• Review, design, and improve product policies and client suitability frameworks for digital assets and FX/derivatives, ensuring compliant risk disclosure, product suitability, and regulatory alignment for individual, retail, and high‑net‑worth clients.
• Lead business‑case formulation and vendor evaluation for digital asset services—custody, wallet providers, blockchain infrastructure—ensuring robust cybersecurity standards (SOC 1/2) and rigorous due diligence.
• Collaborate with cross‑functional teams to support new asset onboarding, integrations, controls, and regulatory assessments, ensuring seamless go‑to‑market and ongoing compliance for all digital asset products.
• Understand key business policies and processes in Wealth Management, Market and Credit Risk Policy in offering OTC derivatives products and Digital Assets to affluent clients.
• Participate in business‑case formulation and vendor due diligence related to FX Derivative counter parties, digital asset issuers and platform integrations.
• Collaborate with risk, compliance, legal, and finance teams to address risk controls, fee structures, and client disclosures for both traditional and digital asset products.

• Define and document business and technical requirements for digital asset platforms—including wallet management, coin provenance, settlement, signature workflows, and KYC/AML/Travel Rule (Satoshi test, Signature methodology)—ensuring integration into core banking and risk platforms.
• Coordinate onboarding of new digital asset products, expanding custody and trading infrastructure, and optimising user experience for both retail and wealth management clients.
• Engage in agile projects to enhance platform capabilities, test new asset functionalities, and support client rollouts.
• Provide structured business feedback to technology, highlighting implementation issues and suitable digital asset solutions.
• Coordinate onboarding of new products/issuers and the expansion of custody solutions, ensuring integration with core banking and risk monitoring systems.

• Help design, review, and document end‑to‑end processes for onboarding, trading, settlement, and custody for FX, digital assets and derivatives.
• Maintain up‑to‑date workflow documentation, checklists, and guidelines; ensure front‑to‑back process alignment for product launches and changes.
• Monitor and report on product risks, incidents, and control breaches, and assist in drafting responses, mitigation plans, and governance materials for risk committees.
• Support ongoing training and upskilling of front office, operations, and risk teams on new digital asset and derivatives processes, platform capabilities, and…