Vice President, Trade Management Group - Exchange Traded Derivatives

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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