The posting
ABOUT THE ROLE Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking services across sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.
RESPONSIBILITIES
- To mitigate Economic Affirmation risk in Equities, ensuring trade details are affirmed with the client by T+3.
- Mitigate the risk of any key economic differences between both GS and Client’s bookings.
- Review, reconcile and draft Legal ISDA confirmations for Derivatives and Synthetic products.
- Follow up with clients to execute the Legal Confirmations issued by GS.
- Ensures discrepancy resolution for any disputes raised by the clients on our confirmations in a timely manner.
- Review trades alleged by clients on an electronic platform or via mails
- Ensures trades are electronically confirmed within T+2.
- Review and resolve discrepancies raised by clients on our confirmations.
- Review of incoming counterparty documents and works with the counterparties to agree the confirmation templates to be executed.
- Highlighting all discrepancies raised by clients promptly and working with Trading and Sales to ensure the trade has been accurately booked.
- Follow up with clients on execution of Legal confirmation and electronic matching of trades
- Ensure risk is mitigated for trades categorized as critical and high priority.
- Highlight breaks on electronic workflow on Trade Date
- Ensure confirmation execution timelines are adhered to.
- Review and send EOD reports to senior management
- Escalate outstanding trades in Critical category risk to senior management
- Work with various internal stakeholders to facilitate functions/ systems n enhancements
COMPETENCIES
- Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely toward extremely challenging goals and persists in the face of obstacles or setbacks
- Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with internal and external clients, helps the client to identify/define needs and manages stakeholder’s expectations
- Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
- Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
PREFERRED QUALIFICATIONS
- Bachelor's degree with a minimum of 1/2 years of experience in financial services
- Experience in an Equity Derivative, Commodity or Foreign Exchange documentation team or product area, including structured transactions
- Exhibits excellent attention to detail and accuracy
- Displays ability to meet multiple deadlines in a dynamic, fast paced environment
- Contributes to the effectiveness of the team by working closely with colleagues in sharing information, skills, and responsibilities
- Takes actions to ensure that controls are in place and procedures are followed
- Skilled at gathering and analyzing quantitative data to guide decision-making
This is an outsource role
If your skills & experience match the requirement, please share your updated CV in MS Word Format stating your current, expected salary details & availability at [email protected] to take it forward.
By sending us your personal data, you are deemed to consent to RMA Consultants Pte Ltd and its affiliates collecting, using and disclosing your personal data for the purposes set out in our Data Protection Policy at http://rmabpo.com/policy
“This is in partnership with the Employment and Employability Institute Pte Ltd (“e2i”). e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives. By applying for this role, you consent to RMA Groups’s PDPA and e2i’s PDPA.”
All Curriculum Vitae will be treated with strict confidentiality. We regret to inform you that only shortlisted candidates will be notified.
ZHUXUAN Recruitment Consultant EA License No 93C4403 EA Regn No R26161486
