Job Description Summary: Vice President (Trade Management Group)
Job Title: Vice President (Trade Management Group) Location: Singapore Department: Trade Management Team (TMG) - ETD Operations
Job Summary: The Vice President of the Trade Management Group in Singapore is a highly motivated individual responsible for supporting the firm's house and client trading across a broad range of listed futures and options (Exchange Traded Derivatives - ETD), with a primary focus on APAC ETD Exchanges (e.g., ASX, OSE, HK, SGX, Korea, Taiwan, India). The role involves a tripartite focus on business-as-usual (BAU) escalation, participation in BAU projects, and various management responsibilities. A critical aspect of this role is maintaining a strong focus on accuracy, timely risk management, and diligent root cause analysis for any trade flow failures. Additional knowledge of OTC Cleared products (e.g., JSCC, LCH, ICE, CME) is considered a significant advantage.
Key Responsibilities:
- Point of Contact for BAU Escalation:
- Manage intraday trade matching and exception resolution against exchanges and carry brokers.
- Ensure timely and accurate trade allocation by sales, traders, and middle office in adherence to exchange deadlines.
- Oversee the processing of give-in and give-out transactions on the exchange.
- Handle high risk events, including exercise/assignment, expiries, cash settlements, and deliveries.
- Execute daily reporting to exchanges for close-outs, regulatory position reporting eg ASX DBOR, SGX PCS, and large trader data/CFTC reporting.
- Collaborate closely with sales, traders, middle office, exchanges, and clearing brokers to promptly resolve trade breaks and exceptions.
- Involvement in BAU Projects:
- Participate actively in projects, including exchange-mandated upgrades, new contract launches, system testing, and User Acceptance Testing (UAT).
- Contribute to major migrations of legacy systems.
- Management Roles:
- Assist in the effective management of both local and remote teams.
- Represent the team by attending and hosting management-related meetings within the region and with UK/US counterparties.
- Manage administrative tasks including Risk and Controls, Key Performance Indicators (KPIs), Management Trainee Programs (MTPs), and management reporting.
- Ensure prompt issue escalation and diligent follow-up on root cause investigations.
Qualifications:
- In-depth knowledge and proven experience with Exchange Traded Derivatives (ETD).
- Additional experience with OTC Cleared products is beneficial.
- Minimum of 8-10 years of experience in ETD Operations.
- Demonstrated management track record and strong leadership capabilities.
- Solid understanding of key industry futures systems.
- Exceptional communication and interpersonal skills.
- Strong team player with the ability to thrive in a global and regional team environment.
- Strong ability to influence change and drive process improvements.
- Strong ability to work in fast paced, time sensitive environments, including working on Singapore Public holidays and providing BAU escalation coverage for late shift
- Innovative mindset for devising support solutions and enhancing operational processes.
- Positive attitude, with a proven ability to motivate and inspire team members.
- Hands-on management style, capable of leading effectively without micromanagement.
- Commitment to delivering high-level client service to both internal and external stakeholders with utmost professionalism.
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Job Family Group:
Operations - Transaction Services
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Job Family:
Securities and Derivatives Processing
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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