Raymond Tsang, CFA, FRM

Experience

• 

  Bank of Canada

  Aug 1997 - Jul 1999

  Foreign Reserves Management- Managed USD 25 billion of foreign reserves, traded Treasuries, agency notes and euro commercial papers- Published an electronic trading article on Bank of Canada Review; 50+ citations internationally Domestic & Foreign Financing- Raised USD 5 billion of foreign reserves, including the “1997 French Franc Deal of the Year”- Collaborated with 20 banks to arrange a USD 6 billion standby credit line for Canada- Administered the regular bond auctions and launched the inaugural bond buyback program

  • Trader/Analyst

    Feb 1999 - Jul 1999

  • Junior Analyst

    Aug 1997 - Feb 1999
• 

  Susquehanna International Group, LLP (SIG)

  Aug 2000 - Jun 2002

  Assistant Trader

  - Did a rotation on the interest rate derivatives desk (joint venture with the Bank of New York)- Did a rotation on the floor of the American Stock exchanges on equity options and ETFs- Attended Susquehanna's 10-week training class (poker playing, mock trading, game theory)

• 

  BNY

  Jun 2002 - Mar 2014

  - Built and headed the interest rate derivatives trading desk in Hong Kong with traders and sales- Traded USD, JPY, AUD, HKD interest rate derivatives products - Joint venture with Susquehanna International Group (SIG)- Co-headed the Bermudan swaption desk, one of the market leaders in volume - Joint venture with Susquehanna International Group (SIG)- Traded USD interest rate derivatives products with a specialty in bermudan callable swaps - Joint venture with Susquehanna International Group (SIG)- Covered the Japan and Hong Kong markets, traded Power Reverse Dual Currency (PRDC), FX Target Redemption Notes (FX TARN), Callable Inverse Floaters (CIF)

  • Managing Director, Head of Derivatives Trading - Asia Pacific

    Mar 2008 - Mar 2014

  • Vice President - USD Desk

    Feb 2006 - Mar 2008

  • Assistant Vice President - USD Desk

    Dec 2004 - Feb 2006

  • Assistant Treasurer - Night Desk

    Jun 2002 - Dec 2004
• 

  HKU SPACE

  Jun 2012 - Dec 2022

  Part Time Lecturer & External Examiner/Academic Member

  Academic Member – Master of Science & Some Postgraduate Diploma Programs (March 2020–Present)External Examiner – Some Postgraduate Diploma Programs (Sept 2014–Present)Part Time Lecturer – Postgraduate/Professional Certificate Programs (June 2012–December 2016)- International Financial Management: jointly with the University of Michigan Dearbon- Foundations of Finance: jointly with the University of Hull- Financial and Operational Risk Management: jointly with the Treasury Markets Association Show less

• 

  MUFG

  Apr 2014 - Jan 2015

  Chief Dealer, Assistant General Manager

  - Led the rate derivatives trading desk with 6 traders, covered the USD and Asian markets

• 

  The Chinese University of Hong Kong

  Sept 2015 - Aug 2022

  - Spearheaded a committee to organize annual conferences for the HK FinTech Week for 850+ global participants, with speakers and attendants from academia, financial and technology industries- Supervised Master level students on 5 industry projects on security token offering, crowdfunding for green projects, central bank digital currencies, fractional stock investment and open banking- Initiated and established 2 collaborated programs with Bocconi University and Boston University- Led students to compete in the Rotman Intl Trading Competition against 51 teams worldwide- Conducted admission talks in 10 cities to attract elite students from domestic and overseas institutions- Organized a 5-day trip to Hong Kong for 40 students, with seminars, company visits and social events- Led the career team to assist 400 graduate students, achieved a placement rate of 95%- Liaised with the industry to set up collaboration to promote research and assist student placement Show less

  • Associate Professor of Practice in Financial Engineering/Career Advisor

    Sept 2017 - Aug 2022

  • Senior Lecturer/Career Advisor

    Sept 2015 - Aug 2017
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  The Chinese University of Hong Kong, Shenzhen 香港中文大学（深圳）

  Sept 2022 - Dec 2022

  Part Time Teacher

  - Taught the Quantitative Risk Management Course in the Master of Science Program in Financial Engineering

• 

  Bank of Canada

  Feb 2023 - now

  Senior Trader Analyst

  Foreign Reserves Management- Money Market Desk- Swap Funding Desk