Job description

Business type

Types of Jobs - Operations

Job title

OTC Middle Office Analyst M/F

Contract type

Permanent Contract

Expected start date

01/11/2026

Management position

No

Job summary

Summary

• Trade processing and lifecycle management of OTC derivatives, including performance swaps used in synthetic ETFs.
• Reconciliation, monitoring and control frameworks for clients' assets.

Key Responsibilities

Trade Processing:

• Process OTC derivative trades from execution through confirmation and settlement.
• Perform daily matching/pre-matching (cash, balances, confirmations, and SSIs) and resolve discrepancies with counterparties.
• Ensure accurate trade capture, booking, matching, and confirmation of derivative trades.
• Monitor trades throughout the trade lifecycle.
• Oversee cashflows, coupons and corporate actions related to swaps and associated events.
• Track and manage lifecycle events: initiation, roll, unwind, nominal increase, etc.
• Coordinate settlement instructions, manage pending issues and resolve settlement-related anomalies, including cash discrepancies and settlement issues.
• Handle collateral management and margin activities with counterparties.
• Validate operations and models in internal tools including data quality, controls, etc.
• Investigate and escalate trade breaks, static data issues, and trade discrepancies where needed.
• Follow up on incidents, contribute to their resolution and propose process improvements (reduction of breaks).
• Maintain accurate records and audit trails for all processed trades.
• Support regulatory filings.
• Products covered : IRS, asset swap, caps & floors, inflation swaps, swaptions, CC swaps and swap ETFs.

Portfolio Admin & Reporting:

• Perform daily and monthly reconciliations in ALTO covering cash, securities, OTC derivative trades, positions and cash flows against custodian records.
• Perform daily reconciliation between the futures clearer and ALTO and instruct margin movements.
• Perform account reconciliations with Fund Accountant on a daily and monthly basis.
• Follow up with custodians and the Fund Accountant on outstanding matters through to resolution.
• Provide reports to internal and external stakeholders.
• Maintain and update KPIs and middle office procedures/workflows.
• Manage process improvements and automation opportunities.
• Support regulatory filings.
• Coordinate audits and regulatory inspections.
• Project management.

Position location

Geographical area

Asia, Singapore

City

Singapore

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Finance, Economics, Business or other related fields

Level of minimal experience

6-10 years

Experience

7-8 years' relevant working experience in middle/back-office function.

Required skills

• Strong understanding of OTC derivatives, especially swaps.
• Experience with trade processing, confirmations and settlement workflows.
• Experience with reconciliations of trades, cash and positions.
• Independent and proactive, with the ability to multi-task and work under pressure, self-directed learner with strong analytical and problem-solving skills.
• Strong verbal and written communication and stakeholder management skills.
• Strong technical skills in Excel, VBA macros and AI tools will be a significant advantage.

Languages

English