Derivatives Support Officer ( FX Trade I Up to 5k)

Operations Analyst/Specialist, Asset Services, Corporate Action (Contract until 31st Mar 2027)

The incumbent will be responsible for post execution support for OTC derivative products across FX, Equities and Rates, ensuring timely and accurate capture of trades into core banking risk system. This is also a control function role requiring the incumbent to work closely with Front Office, Trading Desks, 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.
Main duties

Trade Capture, Cancels and Amends

• Ensure accurately capture of trades into core banking platform within regulatory timelines
• Monitor and manage STP exceptions to ensure completeness and accuracy of bookings
• Perform validation of Dealer-hit trades in upstream systems
• Manage queries relating to trade bookings
• Perform inter-system reconciliations

Lifecycle Management

• Perform independent assessment of lifecycle events and reconcile against counterparties
• Book lifecycle results into core banking for settlements and positions to be updated
• Notify Front Office and Dealers on lifecycle outcomes
• Perform inter-system reconciliations

Settlements

• Ensure timely settlement of trades
• Investigate and resolve cash break/ nostro reconciliations
• Perform authorization and reconciliation on trades
• Perform inter-system reconciliations

Regulatory Reporting

• Perform daily validation and enrichment of derivatives reporting for for MAS (DTCC) and HKMA (HKTR)

Change Management

• 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

Work experience requirements

• Minimum of 2 years in OTC derivative products space in either FX, Rate and/or Equities
• Experience working with Front Office (Bankers/Traders) and counterparties
• Knowledge of Temenos and regulatory reporting platforms preferred
• Degree or Diploma qualified
• Strong Microsoft Excel skills – VBA preferred

Next Steps

• Drop your resume and contact us to follow-up, or send your resume to [email protected]
• Only shortlisted candidates will be contacted

Amos Tan Jun Han

EA Licence Number: 91C2918

Personnel Registration Number: R23113385