IRFX Middle Office Trade Support Associate

  • Sector: LMA Asia Finance
  • Contact: Hiong Hao Yi
  • Client: LMA
  • Location: Singapore
  • Salary: S$36000 - S$93000 per annum
  • Expiry Date: 19 November 2022
  • Job Ref: BBBH396037_1663643706

Trade Support Associate

Position Purpose

  • Provide support & control to the Exotic IRFX Business
  • This role encompasses trade validation & booking in booking systems (MO&BO)

Key Responsibilities

TRADE SUPPORT

  • Ensure that Rates Derivatives Exotics trades booking are in line with external source (term sheets from Front office) and rectify discrepancies on the same day
  • Manually book the deals in Middle Office system, MUREX.
  • Monitor and process option exercises and special events
  • Post amendments, market events and cancellations
  • Resolve queries from BO and other stakeholders
  • Assist Front Office in ad-hoc re-booking requests and update in Middle Office systems.

CONTROL

  • Comply with internal and external regulatory and compliance requirements
  • 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
  • Ensuring trades are booked timely on trade date
  • Account for missing booking and escalate when necessary
  • Checking of daily reports

Competencies

  • Basic knowledge in Interest Rates Derivatives products (IRS, CCS, Swaption, Range, Callable) and FX Options
  • Familiar with Middle Office Support functions
  • Basic knowledge on VBA - Hands on experience to develop and modify Macro spreadsheet preferred
  • Murex knowledge preferred

Company Reg No.: 201131609D, Licence No.: 11C4684, EA Reg no: R21100351