The bank for a changing world

Global Market Ops: IRFX Middle Office Trade Support Officer

Contract

Standard / Permanent

Location

SG-Singapore-Singapore

Job function

OPERATION PROCESSING

Reference

CIB002136

Position Purpose

• Trade Support role seated within Middle Office

• Providing support to Front office and Bank office

• Coordinate compressions

Key Responsibilities

1. TRADE SUPPORT

• Ensure that Rates Derivatives Vanilla and Exotics trades are reconciled with external source and rectify discrepancies on the same day

• Ensure that deals are properly interfaced from Front Office to Middle Office and manually book the deals in Middle Office in the event that interface is not working

• Monitor and process option exercises and special events

• Post amendments, market events and cancellations

• Resolve queries from BO via In-House communication tools

• Reconcile PV of trades between Front Office and Middle Office at the end of each day

• Account for all daily outstanding and unprocessed trades

2. FUTURES

• Ensure that brokered futures trades are reconciled with external source and rectify discrepancies on the same day

• Notify relevant parties for un-cleared futures trades sent by Paris Back Office

• Reconcile daily the Futures positions in Front Office and Back Office 

• Monitor and notify Front Office on upcoming futures maturities

• Account for all unmatched Futures and highlight night/late transactions transacted

3.  COMPRESSION

• Coordinate compression with TriOptima, Capitalab, bilateral parties and etc

• Participate and roll out new compression initiatives

4. CONTROL

• Ensure all controls are in place and reconciliations front-to-back are investigated and reconciled:

i. Emails from Back offices, Middle offices and IT are investigated

ii. Emails from Credit Risk control are investigated

iii. Abnormal Trading are investigated and accounted      

 


Competencies (Technical / Behavioral)

• Proficiency in English and Mandarin

• Proficiency in Microsoft Office

• Basic knowledge on VBA – Hands on experience to develop and modify Macro spreadsheet

• Murex knowledge preferred

• Responsible, meticulous, self-motivated, fast learner, positive attitude

• Possess great team spirit but yet can work independently

• Confident and possess good communication and interpersonal skills

• Highly driven, resourceful and result oriented

Specific Qualifications Required

• Tertiary qualification

• Minimum 3 years relevant experience

• Willing to work on public holiday on rotation basis