Derivatives Clearing Officer

  • Sector: LMA Asia Finance
  • Contact: Hiong Hao Yi
  • Client: LMA
  • Location: Singapore
  • Salary: Up to S$5500.00 per annum
  • Expiry Date: 22 October 2023
  • Job Ref: BBBH431865_1695699023

Derivatives Clearing Officer

Derivatives Execution & Clearing (DEC) Operations is a transversal department that support the Global Market business (Global Equities, Global Credit & Global Macro) and Securities Services business. DEC provides clients access to markets globally and APAC Operations team manages all APAC client bookings and exchange interactions.

Responsibilities:

  • Ensuring all top day trades are allocated, cleared & accepted in a timely & efficient manner
  • Maintenance of back office clearing static data
  • Perform daily trade, position and flows reconciliations and maintaining accurate exchange open interest
  • Ensuring regulatory reporting submissions are accurately delivered before deadline, to exchange & regulators
  • Coordinate with Treasury team on exchange or sub-clearer margin call payments
  • Monitoring and reporting operational risks associated with the clearing and/or reconciliation processes
  • To coordinate and respond to audit requests, Risk Control Self Assessment (RCSA), control plans, business impact analysis, incident follow-up, etc
  • Monitoring daily regulatory reporting submissions to exchange & regulators
  • Collaborate with internal departments including: Front Office, Client Services, IT, Credit & Risk, Finance, Treasury and Compliance
  • Working closely with IT, advising of system issues on a daily basis
  • Assisting with mandatory exchange upgrades and internal projects, in association with software vendors & internal systems

Company Reg No.: 201131609D | Licence No.: 11C4684 | Reg No: R21100351, Hiong Hao Yi