Senior Associate - Market Operations Division - Singapore

  • Competitive
  • Singapore
  • Permanent, Full time
  • Macquarie Group
  • 20 Nov 17 2017-11-20

Senior Associate - Market Operations Division - Singapore

We are looking for a Senior Associate to join us in th e Market Operations Division based in Singapore.

About us

Corporate Operations Group (COG) provides specialist professional services, human resources, workplace infrastructure, and technology and market operations to Macquarie's businesses. The Market Operations division within Macquarie's Corporate Operations Group provides independent specialist verification, confirmation and settlement facilities for a variety of products and currencies for many of Macquarie's businesses globally. The division provides a key segregated control function for wholesale businesses built on strong operational risk management and a control culture that is consistent and resilient.

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

We facilitate a range of flexible working arrangements within our teams. Talk to us about what flexibility may be available.

About the role

Primary duties of the Interest Rate Derivatives team will be:

  • Day to day operations which include the verification of trade bookings, confirmations drafting and Settlement of transactions in particular Interest Rates Swaps, Caps/Options and Structured Derivatives.
  • Investigation and resolution of IRD positions breaks and cash reconciliations
  • Liaison with traders and clients on queries and issues.
  • Provide support and guidance on the back office requirements for trading to go into structured/ new rates products
  • Good knowledge of ISDA standards is required
  • Knowledge of Markitwire and Calypso is preferable
  • Basic knowledge of regulatory changes in the derivatives space is preferable

To be successful in this role you will:
  • Have 1-3 years of local Singapore banking experience and familiarity with day to day operations of a foreign bank branch operating in Singapore
  • Experience with the Derivatives Rates products & relevant local settlement methods and requirements will be preferred
  • Be able to work with minimal supervision and escalate issues when appropriate
  • Have good problem solving skills
  • Confident and competent in oral and written communication in English
  • Proven track record of interacting and working within a team
  • Be highly motivated with a professional attitude and strong attention to detail
  • Be university educated in Banking, Finance or equivalent

Advertised: 14 Nov 2017 Singapore Standard Time
Applications close: