Opportunities

VP – OTC Middle Office Manager

Written by Anton Murray Consulting Consulting on .

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Location: singapore

Salary description:

  • $150-200k AUD Equivalent
  • Permanent
  • years of experience

This is a great opportunity to join a leading Tier 1 investment bank managing a small team with significant growth planned. The team covers all aspects of Trade Support from risk calcualtions to P/L calculations for a large team of Derivatives Traders in varying locations in APAC.

Responsibilities:

  • Ensures that all daily Trading processing activities are completed within the agreed deadlines; i.e. trade affirmation, position keeping, lifecycle processing, controls and EOD processing
  • Build and maintain strong relationships with business colleagues across Trading, Finance, IT and external clearing vendors
  • Maintenance of all aspects of OTC trade support (Confirmation/Settlement)
  • Mark to market of positions and attribution of P&L calculations (applying a working knowledge of Derivative greeks)
  • Providing solutions for improved efficiency and control of operational processes
  • Identify and assesses opportunities for process developments and improvements
  • Drive forward new business opportunities and projects relating to Trading functions
  • Strive to improve operational performance, create value and outperform competitors
  • Contribute to the development of key procedural improvements across Trade Support operations to ensure maximum processing efficiency and reduced operational risk to organisation and clients.
  • Implement robust controls for processing of exotic trades
  • Manage staff and resources – provide leadership and people management to the Middle Office team

Requirements:

  • Minimum 5 years’ relevant global markets business experience (working within an Derivative Operations/Middle Office team)
  • Proven track record in supporting Derivatives trading activities at a team leader level
  • An extensive knowledge of key Derivative strategies and market complexities (both OTC and Exchange Traded)
  • Full understanding of the front to back Operations process e.g. transaction management, settlement, corporate actions, cash flows, reconciliation and confirmations
  • Preferred to have proven track record in leading change activities and ability to manage diverse teams (prior exposure to off shore support models an advantage)
  • Good academic qualifications preferably to degree level
  • Detailed knowledge of Derivatives operational requirements – both vanilla and exotic. This includes cash flow calculation, risk valuation, lifecycle events
  • Has a good understanding of the following activities: Trade Processing, Validation, Settlement, Mark to Market, P/L, Risk Management principles, Confirmation Processing, Front to Back Reconciliations, liaison with Clearers/Exchanges
  • Strong control mindset, proven record of managing controls within a dynamic framework
  • Ability to identify and solve control issues
  • Strong interpersonal and team skills
  • Ability to work under pressure and to tight deadlines

Contact Us in Singapore

LEVEL 25, NORTH TOWER, ONE RAFFLES QUAY
SINGAPORE 048583

Phone:+65 6622 5755

Hiring Staff: hire@antonmurray.com

Seeking Work: apply@antonmurray.com

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