Derivatives Support Officer
2 weeks ago
As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Derivatives Support Officer - Documentation and Reconciliation (Manager)
Why Join
The incumbent will be responsible for post execution support for OTC derivative products across FX, Equities derivatives and Rates, mainly focusing on documentation and reconciliation. This is also a control function role requiring the incumbent to work closely with Trading Desks, external counterparties, Settlements and Technology in managing the bank's risk relating to the supported product classes. These combined, the incumbent should be able to contribute significantly in a team setting, apply critical thinking to problem solving and excel under stressful conditions.
What you do
Documentation
- Perform validation on long form ISDA confirmation for FX derivatives and Equities derivatives products received from counterparties against our trade booking in T24 core system
- Liaise with counterparties/internal stakeholders for any trade discrepancies
- Daily update tracker and monitoring of non-receipt of confirmation from counterparties and escalation where applicable
- Update weekly control report to ensure our documentation control aligned with KRI
- Perform inter-system and position reconciliations
- Investigate any recon breaks flagged and escalate to the relevant parties where necessary
- Perform daily validation and enrichment of derivatives reporting for MAS (DTCC) and HKMA (HKTR)
- Reconcile and manage BOS cash collateral with counterparties
- Liaise with risk team in the event of disputes arising from calling / top-ups of collateral
- Identify control gaps and work with team to review process efficiency and deliver improvements
- Participate in project deliveries and UAT where nominated by line manager
- Manage any ad hoc assignments delegated by line manager
- Minimum of 2 years in OTC derivative products space in either FX, Rate and/or Equities Derivatives
- Prior experience in documentation preferred
- Experience working with counterparties and internal stakeholders (settlements/traders/bankers)
- Knowledge of Temenos and regulatory reporting platforms preferred
- Degree or Diploma qualified
- Strong Microsoft Excel skills - VBA preferred
As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.
But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
-
Singapore Citi Full timeEquity Derivative Middle Office Support is an entry level position responsible for providing analytic and administrative support to traders, in coordination with the Transaction Capture team. The overall objective of this role is to maintain position records and provide support with processes surrounding securities. **Responsibilities**: - Providing...
-
Singapore Citi Full timeAt **Citi**, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients - whether they be consumers, corporations, governments or institutions - to help...
-
Singapore Citi Full timeOfficer, APAC Equity Derivative Middle Office Support is an entry level position responsible for providing analytic and administrative support to traders and salespersons, in coordination with the Transaction Capture team. The overall objective of this role is to assist in the clearance, settlement and investigation of client securities and derivatives...
-
Officer, OTC Derivatives Valuation
1 week ago
Singapore Citi Full timeWhether you’re at the start of your career or looking to discover your next adventure, your story begins here. At **Citi**, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training...
-
Singapore Bank of Singapore Full timeOperations Specialist, Equity Derivatives Support Officer (6 months contract) At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal...
-
Derivatives Operations Specialist
1 week ago
Singapore beBeeSupport Full time $40,000 - $60,000Job Title: Derivatives Support OfficerThe role of a derivatives support officer is to provide critical support to the trading desk in the daily operations of derivative products. This includes maintaining accurate records, managing risk, and ensuring compliance with regulatory requirements.Key Responsibilities:Provide timely and accurate support to the...
-
Singapore Bank of Singapore Full timeAt Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and...
-
Senior Derivatives Officer
4 days ago
Singapore Citi Full timeCiti Markets Operations is currently at a pivotal point in its evolution and journey to implement a target operating model. We take pride and are passionate about our People and our culture. We are invested in our People and their development. We are transforming and simplifying our operating model, creating an exciting environment which encourages diversity...
-
Client Onboarding and Compliance Specialist
2 weeks ago
Singapore LIGHTSHIP DERIVATIVES PTE. LTD. Full time $80,000 - $120,000 per yearCOMPANY PROFILE Lightship Derivatives is part of the Lightship Group. It specializes in providing risk management solutions in the commodity, energy, and freight derivatives space. Founded in 2024, this new division complements the established expertise of Lightship Chartering, offering both existing and new client's access to a suite of innovative products...
-
Derivative Trader
1 week ago
Singapore LMA Full time**Derivative Trader (At least 3 years of relevant experience)** The Derivatives and Structuring Analyst contributes to the profitability of the Interest Rates Derivatives and Structuring activity, by proactively managing client interest rates flows, offering interest rates hedging solutions to clients, designing and structuring EMTN, managing associated...