Derivatives Operations Lead

2 weeks ago

Singapore INDUSTRIAL SECURITIES (SINGAPORE) FINANCIAL HOLDINGS PTE. LTD. Full time $120,000 - $200,000 per year

Responsibilities

Derivatives Operations:

  • The individual will primarily oversee the end-to-end trade life cycle of exchange traded derivatives operations (futures and options)

  • The role encompasses account set up, trade capture/amendment/position management, confirmation, settlement / expiry processing, cash & position reconciliation, collateral management, margin top-up etc.

  • Account set up and liaise with various brokers / counterparties to ensure trades are settled accurately and on a timely basis.

  • Conduct UAT for onboarding of new derivatives system

  • Draft standard operational workflow for listed derivatives. Periodic updates of standard operational procedures in line with regulatory and workflow changes.

  • Identify, escalate and recommend solutions to mitigate risk.

  • Assist Trading Representatives on enquiries regarding client's accounts.

  • Support initiatives to improve operational efficiency, risk control and effectiveness

  • Work closely with front office, technology, compliance, risk management teams and internal/external auditors.

  • Handle ad-hoc projects and assignments from Head of Operations.

Securities Operations & Client Onboarding

  • The individual will play a supportive role in Securities Operations and Client Onboarding (Account Opening for Accredited Investors, Institution Investors and Expert Investors).

  • Securities Operations:

  • Participate in the setup of the securities operations system (e.g UAT).

  • Perform trade support functions including trade bookings/amendment, trade confirmation, trade matching /securities position reconciliation with counterparties / brokers.

  • Corporate actions processing.

  • Monitor settlement transaction to ensure timely settlement including pre-matching and cancel/rebook trades; securities transfer instructions

  • Resolve breaks in cash and securities positions

  • Client Onboarding

  • Review account opening applications and documents from Trading Representatives

  • Ensure that all identification and verification have been submitted.

  • Conduct customer due diligence and screening according to MAS requirements

  • Work with Compliance on complex, high-risk cases, source of wealth and source of funds.

Requirements:

  • Good understanding of the life cycle of a listed derivatives trade (futures and options) and related interactions between internal stakeholders.

  • 5 to 8 years of listed derivatives' operations (futures & options) experience in a futures brokerage, FI, Exchange or Clearing House.

  • Demonstrated knowledge of Exchange traded derivates and related client's money regulations, compliance requirements and industry best practice.

  • Candidates with securities operations, corporate action processing or client onboarding experience (customer due diligence, AML/CFT knowledge) would have an advantage.

  • Strong risk management and control mindset

  • Strong problem-solving and analytical skills.

  • Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage

  • Bachelor's degree in Finance, Economics, Mathematics, or a related field. Diploma holders with extensive listed derivatives operations experience maybe considered.

  • Markets Operation

    1 week ago

    Singapore Citi Full time

    Citi 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...

  • Listed Derivatives Operations Specialist

    2 weeks ago

    Singapore eClerx Full time $90,000 - $120,000 per year

    Listed Derivative Operations Specialist____________________________________________________________Location: Singapore (Hybrid role with 3 days a week WFO)Type: Full-timeVertical: Financial Markets_______________________________________________________________________SummaryWe are seeking a meticulous and driven Reconciliations Expert to join our Client's...

  • Markets Operation

    2 weeks ago

    Singapore Citi Full time

    Citi 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...

  • Derivatives Specialist

    2 weeks ago

    Singapore ECLERX PRIVATE LIMITED Full time $80,000 - $120,000 per year

    Listed Derivative Operations Specialist____________________________________________________________Location:Singapore (Hybrid role with 3 days a week WFO)Type:Full-timeVertical:Financial Markets_______________________________________________________________________SummaryWe are seeking a meticulous and driven Reconciliations Expert to join our Client's...

  • Operations Analyst

    1 week ago

    Singapore WE-PLUS PTE. LTD. Full time

    **Role Summary** Responsible for providing transition support to BAU operations team on BBG PROD by allowing BAU team resources to be diverted for TOM implementation in Aladdin in the run up to go live e.g. Aladdin / BNYM Training / Pilot / Parallel Run activities. This position plays an important role in supporting the day-to-day collateral management...

  • 25904577 Markets Operation

    2 weeks ago

    Singapore CITIBANK N.A. Full time

    Citi 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...

  • Officer, Derivatives and Margining Operations

    2 weeks ago

    Singapore Citi Full time

    At **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...

  • AVP - Markets Operation - Derivatives and Margining Operations Manager

    2 days ago

    Singapore Citi Full time

    Citi 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...

  • Senior Officer, Derivatives and Margining Operations

    2 days ago

    Singapore Citigroup Inc. Full time

    Citi 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...

  • Derivatives Operations Analyst

    1 week ago

    Singapore Delta Capita Full time

    This is a great opportunity to join Delta Capita’s fast-growing Post Trade Services (PTS) Business working with some of the world’s leading financial institutions. Streamlined and resilient post-trade processing reduces overheads for firms and should enable financial services to be more efficient, improve client service, and operate at a lower cost...