The bank for a changing world

Global Markets Ops: Interest Rate Derivatives Middle Office Trade Support Officer

Contract

Standard / Permanent

Location

SG-Singapore-Singapore

Job function

OPERATION PROCESSING

Reference

CIB002032

Position Purpose
  • Trade Support role seated within Middle Office for Fixed Income products
  • Providing support to Front office and Bank office
Key Responsibilities
  • 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
  • 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 
    • Save daily Futures Prices and P/L in Front Office
    • Monitor and notify Front Office on upcoming futures maturities
    • Account for all unmatched Futures and highlight night/late transactions transacted
  • FIXING
    • Perform daily fixing for ND currency fixing rates, OIS rates, Exotics and Structured products indices in Front Office Fixing Blotter
    • Perform Sunday’s fixing for AED/SAR and BHD on every Monday
  • CONTROL
    • Ensure all controls are in place and reconciliations front-to-back are investigated and reconciled:
    • Emails from Back offices, Middle offices and IT are investigated
    • Emails from Credit Risk control are investigated
    • Abnormal Trading are investigated and accounted      

Competencies (Technical / Behavioural)
  • 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 – Banking and Finance or Engineering
  • Willing to work on public holiday on rotation basis