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michael page international pte ltd

Chief Operating Officer (COO)

10-12 Years
SGD 15,000 - 18,000 per month
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  • Posted 4 days ago
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Job Description

  • Newly created opportunity for Head of Operations to step up into
  • World's leading futures brokerage

About Our Client

Our client is a global futures brokerage and market leader in the industry it operates in.

Job Description

1. Strategy & General Operations. Translate business strategies into actionable operational plans, track progress and ensure target delivery.

. Design, implement and optimize operating frameworks and standard operating procedures (SOPs) for trading support, clearing, settlement and risk control functions, with a focus on operational efficiency, scalability and digital transformation.

. Coordinate cross-department collaboration and resolve operational bottlenecks.

. Maintain business relationships with clearing houses (including SGX-DC, CME clearing), exchanges, custodian banks and other key partners.2. MAS CMSL Holder/NFA Registered FCM/CME Clearing Operation Management. Oversee full-process clearing operations for CME listed derivatives, including trade processing, margin management, settlement, and delivery comply with applicable exchange rules and clearing requirements..

. Strictly enforce SG and US fund segregation rules, monitor margin sufficiency, and meet net capital and liquidity requirements.

. Develop and execute default response plans to mitigate operational and financial risks in stressed scenarios.3. Compliance & Risk Control. Ensure all operations fully comply with CFTC, NFA, MAS regulations and CME membership rules.

. Coordinate regulatory inspections, internal audits and corrective actions.

. Build and improve risk management framework covering operational, market, credit and liquidity risks prepare risk reports and implement mitigation measures.

. Strengthen internal controls, permission management and record keeping.4. Technology & Data Governance. Oversee front/middle/back office systems implementation, upgrade and operation ensure system and network stability, security and capacity to support peak business volumes.

. Develop, implement and maintain practical business continuity plans (BCP) for operational processes, and conduct regular testing to ensure effectiveness and operational resilience.

. Optimize system integration and data interface with CME Clearing platform, as well as platforms from SG, US, and other global exchanges.

. Ensure data submitted to regulators such as CFTC, NFA, MAS and CME is accurate, complete and timely.5. Team & Business Support. Lead and develop professional teams, define responsibilities and performance objectives, and arrange targeted training.

. Optimize client service processes and improve service quality and experience.

. Provide operational solutions and risk assessment for new business and product launches control costs and improve efficiency.

The Successful Applicant

. Bachelor's degree or above in Finance, Economics or a related discipline is required.

. Minimum 10 years of experience in financial services operations, preferably in futures, derivatives or brokerage business.

. Must possess solid knowledge of exchange and clearing rules, including those of SGX and CME, with practical experience in clearing and post-trade operations.

. Strong understanding of the MAS regulatory framework for CMS licence holders, with familiarity with U.S. regulatory requirements (including CFTC and NFA) highly preferred.

. Experience in establishing and implementing operational frameworks for new entities is a strong advantage.

. Strong leadership capabilities and stakeholder management skills, with the ability to operate effectively in a multi-jurisdictional and regulated environment.

What's on Offer

  • Competitive salary package with strong upsides
  • Large and stable MNC
  • Newly created opportunity which offers a platform for stepping up
  • Comprehensive benefits



If you are ready to take on this exciting opportunity, apply today to make a significant impact in the banking and financial services sector.

Contact

Gavin Teo (Lic No: R1328332 / EA No: 18S9099)

Quote job ref

JN-052026-7017736

Phone number

+65 6416 9835

Michael Page International Pte Ltd | Registration No. 199804751N

More Info

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Job ID: 147646143

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Skills:

System integrationDigital TransformationData GovernanceSettlementRisk ControlMargin managementOperational EfficiencyClearing OperationsStakeholder Management