Main Purpose:

Managing the entire lifecycle of Over The Counter and Exchange traded derivatives

Knowledge Skills and Abilities, Key Responsibilities:

Essential:
• Solid understanding on Derivatives - FX and/or physical commodity
• Proficiency in critical thinking and the ability to evaluate information objectively.
• Flexible demeanor and self-motivated
• Consistent record to partner with distributed team members
• Ability to navigate ambiguity and make sound decisions under pressure
• Fast learner and comfortable operating in a multidimensional environment
• Proven track record to analyse sophisticated problems, break them down into manageable components, and
develop effective solutions.
• Excellent logical reasoning skills with the capacity to connect ideas, identify patterns, and draw logical inferences.
• Degree or equivalent experience or equivalent in numerate field or above
• Proficient in MS Excel
Desirable:
• SME/end user experience on MUREX platform
• Solid understanding of reconciliation, settlements of OTC/ETD products
Key Responsibilities
• Ensure all trades processed through clearing banks are accurate & reconcile to trader’s records.
• Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades
• Maintain all clearing accounts on the internal system daily basis, processing contract expiries and trade transfers
between accounts
• Work with the Finance team to analyse the impact of moving positions and get optimized Margining benefits
• Advise the Treasury department of the daily movement of cash received or paid to the clearing houses and perform derivatives settlements

• Collateral management and OTC Margin call processing
• Perform Regulatory reporting for Regulations such as EMIR, MAS, Dodd Frank, REMIT
 

Key Relationships and Department Overview:

• Internal: Traders, Deals Desk, Treasury, Oil Accounting, Credit, IT
• External: Clearing Brokers, Exchanges, Executing brokers
• External: OTC Counterparties