Analyst, Investment Operations

FWD Group Management Holdings Limited; Kuala Lumpur; On-site; MYR 70,000 - 110,000; Full time

Job summary

FWD TIM in Kuala Lumpur is seeking an investment operations professional to support day-to-day trade processing, settlements, and reconciliations across multiple markets. You will coordinate with front office, custodian and accounting teams to ensure accurate trade capture and timely settlement.

Ideal candidates have a university degree in accounting/finance and 2–4 years in middle office operations, with knowledge of Bloomberg AIM or similar systems and familiarity with collateral and cash

Qualifications

• University degree in Accounting/Business/Finance or related fields.
• 2-4 years of experience working in middle office operations, collateral support, trade processing.

Responsibilities

• Perform day-to-day trade settlement and front-to-back trade support for clients.
• Provide trade support to the investment front office in Group Entities and HK when necessary.
• Execute collateral management activities, including monitoring cash balances and settlements.
• Coordinate with custodians, fund managers and Bloomberg for reconciliations.
• Ensure data integrity and adherence to procedures and controls.

Skills

Financial products knowledge

Trade lifecycle

Education

University degree in Accounting/Business/Finance or related fields

Tools

Bloomberg AIM

PAM

FAM

Portia

Clearwater

Job description

About FWD Group FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market.

PURPOSE

Responsible for providing day-to-day trade and Clearwater support to Local BUs. Execute the trade lifecycle from front to back - including trade instructions, trade matching, trade settlement, corporate actions, cash & position management, collateral management, and reconciliation.

KEY ACCOUNTABILITIES

• Perform investment portfolio reconciliations among custodian, fund manager and Bloomberg.
• Escalate breaks if required.
• Perform day-to-day trade settlement, pre & post trade support activities for clients.
• Provide trade support to the investment front office in Group Entities and Hong Kong when necessary.
• Resolve problems through detailed analysis and recommendations to management.
• Execute the cash and currency operations for clients ensuring timely execution of funding activities.
• Ensure procedures and controls are followed and the integrity of the data processing environment is maintained for alternative asset transaction entry.
• Process derivative trade confirmations by verifying the trade details based on record from front office, seeking for authorized signature and liaising with counterparty to complete trade confirmation.
• Process calculation, issuance, agreement, and settlement of collaterals for margin calls from and to counterparties.
• Assist collateral management processes, including monitoring and reconciling cash balances in custody accounts, monthly interest accruals and settlements.
• Support in projects and integration of new asset managers.
• Perform User Acceptance Testing (UAT), where required.
• Liaise with internal or external parties to ensure all investment transactions are recorded on time.
• Ad-hoc duties as assigned.

KEY PERFORMANCE INDICATORS

• Number of trade failures.
• Adherence to SLA for portfolio reconciliations.
• Client reconciliations have no unknown breaks.
• Able to identify abnormalities and flag to senior colleagues.

EXTERNAL & INTERNAL CONTACTS

• Internal: Group Investment Operations Team.
• Group Investment and Hong Kong Investment Teams.
• ICOE Group Investment Accounting Team.
• External: Asset Managers.
• Bloomberg.
• Custodians.
• Brokers.
• Collateral manager.
• Counterparties.

DECISION MAKING

Actively participate in meetings, able to suggest and provide solutions on issues and new tasks.

QUALIFICATIONS / EXPERIENCE

University degree in Accounting/Business/Finance or related fields. 2-4 years of experience working in middle office operations, collateral support, trade processing.

KNOWLEDGE & TECHNICAL SKILLS

• Business Knowledge General knowledge of financial products (equities, fixed income, collateral) is required.
• Knowledge of Private Equity and Alternative Credit products is an asset.
• Knowledge of trade life-cycle is an asset.
• Technical Skills Knowledge of Bloomberg AIM or other trade order systems is an advantage.
• Investment Accounting Systems (PAM, FAM, Portia, Clearwater, etc) is an asset.
• Management Skills High personal levels of motivation and delivery orientated focus.
• Clarity in communication and being an active listener.
• Being empathic with a desire to help others.

COMPETENCIES

Able to work independently or as part of a team. Excellent interpersonal skills. Good command of both spoken and written English Being flexible and adaptable for change. Learning from mistakes and desire to improve.

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com