Manage clearing deadlines and ensure trades are processed in a timely manner, taking into account regulatory, client, and company requirements.
Execute daily settlement activities for exchange-traded derivatives, ensuring the timely and accurate settlement of trades. Manage the contract delivery process, including cash settlement, FX delivery, and option exercise/assignment.
Perform daily reconciliations of trades, positions, and cash flows, investigating and resolving any discrepancies or exceptions.
Maintain static data within internal systems, including client account openings/closures, contract setup, and fee/commission rate updates.
Ensure all settlement activities comply with local regulatory requirements, particularly those of MAS and SGX.
Identify opportunities to improve settlement processes and systems, contributing to increased efficiency and reduced operational risk.
Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
Work closely with trading, risk, compliance, and other operational teams to ensure smooth end-to-end processing of trades.
Requirements
Bachelor's degree or higher in finance, accounting, or a related field.
Minimum 1.5 years of experience in the futures industry, including clearing & settlements, reconciliation, regulatory reporting, and client margin control.
Familiarity with SGX CW2, ION XTP, and XTP Clearing systems (preferred).
Strong knowledge of MAS and SGX regulatory requirements.
Proven ability to manage settlement processes, including cash settlement, FX delivery, and option exercise/assignment.
Enthusiastic, motivated, and able to work independently and as part of a team.
Proficient in written and spoken English and Chinese.
