Derivatives – Senior Associate

Derivatives – Senior Associate

Requirements

• Bachelor degree or above
• 3+ years experience in financial services and/or a back-office operations environment.
• Strong Excel skills
• Strong knowledge of financial concepts (Derivatives and Regulation)

Responsibilities

• Ensure team carries out daily trade processing and valuation functions in accordance with established procedures with accuracy and timeliness
• Plan and manage the daily operations of the team
• Be accountable for all aspects of resources planning including succession planning, staff development and staff retention initiatives; promote cross training, resource sharing and job rotation across teams/departments; participate in the recruitment process
• Ensure that process procedures applicable to the team are understood and applied by all team members
• Constantly review and refine the operational process; drive the implementation of operational efficiencies and re-engineering initiatives
• Take ownership of resolution of queries with internal teams, clients, vendors, counterparties etc.
• Manage new business transitions or business migration activities and ensure proper implementation within the team
• Build relationship with internal & external clients; foster this culture within the team
• Coach and offer help to less experienced staff
• Work closely with inter-departmental contacts to ensure that the required deliverables are delivered with high quality
• Identify risk issues and act in accordance with the ‘risk’ escalation chain and operating procedures
• Be accountable for staff on-boarding, leave planning and turnover of the team
• Foster an environment of learning and team work
• Actively participate in the corporate, systems, internal, and statutory audit to resolve the audit queries
• Own issues and drive solutions. Understand the client requirements and be able to direct the team to create KPIs / reports
• Documentation – Be able to review and correct the process documentation such as process flows and Standard Operating procedures (SOPs)
• Suggest process improvements and be able to seek support to drive projects to create efficiencies / enhance controls

Preferred Qualifications

• Demonstrated ability to meet deadlines and possess strong problem solving and resolution skills.
• Advanced working knowledge of accounting fundamentals with respect to the workability of various financial instruments, especially derivatives
• Expert knowledge of Internal Systems, MS office (excel, word) and good working knowledge of MS PowerPoint. Knowledge of database management systems MS access / Visual basic/ Macros would be an added advantage
• Demonstrate strong attention to detail and analytical skills
• Capable of resolving team issues and facilitating decision making
• Ability to manage time and work well in a fast paced, high volume atmosphere; prioritize effectively
• Detail oriented individual capable of performing in a high pace environment
• Ability to work independently as well as a team player
• Strong written and verbal communication skills