Investment Banking ED / MD (Sponsor Principal)

The institution

A bank-backed state-owned investment bank. The employer is not named. This is an execution and team-leadership seat. The candidate must already be a sponsor principal, or be eligible to be one and hold the licences that requires.

The work

• Lead assigned IPO sponsor mandates from acceptance of the engagement through HKEX listing and post-listing obligations.
• Supervise the project team and stay close enough to the work to keep quality and timing.
• Run due diligence to SFC and HKEX standard, and deal with the issues it raises.
• Review prospectuses, accountants’ reports, reorganisation papers, legal opinions, listing applications, forecasts and valuation models.
• Be the main contact for risk management on listing applications and sponsor duties.
• Coordinate the client, ECM, legal advisers, auditors, co-sponsors and other parties.
• Deal with HKEX and the SFC on comments, questions and the logistics of the filing.
• Hold the mandate to internal policy, the SFC sponsor guidelines, the Securities and Futures Ordinance and the HKEX Listing Rules.

What they are looking for

• A Responsible Officer and Sponsor Principal registration with the SFC for Type 6 regulated activity.
• Six to fifteen or more years in investment banking or corporate finance, with the weight on Hong Kong IPO execution and sponsorship.
• A record of executing and sponsoring IPOs on the Hong Kong Stock Exchange, as sponsor principal or in a lead execution role.
• Fluent English and Mandarin, and strong written Chinese.
• A working knowledge of the SFC Corporate Finance Adviser Code of Conduct, the sponsors guidelines, the HKEX Listing Rules and the Securities and Futures Ordinance.
• A bachelor’s degree or higher in finance, business, economics, law, accounting or a related field. CFA, CPA or a similar qualification is an advantage.