Assistant Manager /Manager - FX Derivatives

Derivative Trade Validation is responsible for trade capture, life cycle event booking and management (Trade flow, STAR interface, MAD interface, Evolution bookingetc), resolving FOBO reconciliation breaks and investigations.

Product Scopes

The Derivatives Validation teams primary responsibilities are

To handle trade capture and validation of Structured,Vanilla Derivative deals in Back Office system

To perform as an independent control team to strengthen all the control within Global Market Operations and to follow the escalation rule

To assist, work closely and have frequent contact with Front Offices (Sales, Trading, Business/Project Managers)

To handle Life cycle events and unwinds as per Front Office requests.

To participate in project management to increase the efficiency and scalability of the process.

Responsibilities

Trade Support Functions

Trade Booking, Amendment & Validation

Reconciliations

Trade Lifecycle Events

Install a good efficient communication/dialogue with Sales, Trading, IT and other operation teams

Ensure all queries are handled correctly by the right department in a timely manner.

Minimize operational risk and detect fraud

Escalation to the management and further to Management/FO/Business/Risk if needed

Ensure all cash flows are settled correct and paid on pay date.

Participate to global & local improvement, automation or regulatory projects

Trade Support Functions

Trade Booking, Amendment & Validation

Reconciliations

Trade Lifecycle Events

Install a good efficient communication/dialogue with client, Sales, Trading, Relationship Managers and IT

Ensure all queries are handled correctly by the right department in a timely manner, both internally and externally

Follow up of any clients request until the issue is solved

Minimize operational risk and detect fraud

Escalation to the management and further to Management/FO/Business/Risk if needed

Ensure all cash flows are correct and paid on pay date.

Participate to global & local improvement, automation or regulatory project

TECHNICAL SKILLS

Strong knowledge of the FO to BO operational workflow (full trade life cycle chain)

Good knowledge in financial products

BEHAVIOURAL

Excellent communication skills,

Results-oriented & client focus

Strongly committed

Good team player, Collaborative mind-set

High capacity to take initiatives

Analytical and synthetic skills

Strong analytical/problem solving mind-set

A thorough understanding of financial markets and product knowledge (including the Front-To-Back workflows and the product event management)

At least minimum 5 years experience in Global Market industry (Preferably Trade Support,validation)

Excellent communication skills, with good influencing and relationship-building skills.

Fluency in English, both and written communication and interpersonal skills.

Pro-active in general, taking own initiatives to prevent risks/issues.

Ability to work well under pressure and take initiative.

Solid work ethic and high levels of motivation.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Critical thinking

Creativity & Innovation / Problem solving

Resilience

Transversal Skills: (Please select up to 5 skills)

Ability to set up relevant performance indicators

Ability to develop others & improve their skills

Analytical Ability

Ability to develop and adapt a process

Ability to understand, explain and support change

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 7 years