Analyst, OTC Derivatives Settlement & Clearing (12 Months Contract) (Open)

RBC Shared Services Malaysia Sdn Bhd; Putrajaya; On-site; MYR 60,000 - 100,000; Full time

Job summary

RBC Shared Services Malaysia Sdn Bhd seeks an Analyst to join the OTC Derivatives Settlements Operations team on a 12 month contract. You will manage settlement processes for Rates & Credit Derivative transactions, ensuring accuracy and timely processing in a fast-paced environment.

Responsibilities include handling full settlement lifecycle, processing payments in Murex, pre-confirmations with clients, resolving cash breaks, and driving process improvements with AI tools.

Qualifications

• Undergraduate degree in finance, business, economics, or related field.
• Strong attention to detail and accuracy.
• Proficiency in Microsoft Excel (formulas, pivot tables, data analysis).
• Excellent written and verbal communication and organization.

Responsibilities

• Manage full settlement lifecycle of OTC Credit and Rates Derivative products across bilateral and cleared trades.
• Process OTC Derivative payments and settlements in Murex with attention to detail.
• Pre-confirm large cashflows with clients to ensure payment terms accuracy.
• Identify and resolve cash breaks through investigation and liaise with Front Office and Middle Office partners.
• Expand knowledge of OTC Derivatives to serve as a strong partner for stakeholders.
• Adhere to controls to minimize errors and escalate issues when needed.
• Manage deadlines across multiple currencies and obligations in a fast-paced environment.
• Explore process improvements using AI to automate manual tasks.

Skills

Attention to detail

Excel

Verbal and written communication

Organizational skills

Education

Bachelor's degree in Finance/Business or Economics

Tools

Murex

Job description

We are seeking an Analyst to join our OTC Derivatives Settlements Operations team on a 12 month contract. In this role, you will manage critical settlement operations for Rates & Credit Derivative transactions, ensuring accurate and timely processing while maintaining the highest standards of operational excellence.

Working hours : 4.00PM -1.00AM

What will you do?

Manage the full settlement lifecycle of OTC Credit and Rates Derivative products across bilateral and cleared trades.

Process OTC Derivative payments and settlements in Murex with meticulous attention to detail. You will manage Murex payment workflow queues daily, building your expertise to ensure that the correct system action is taken and payments are processed correctly downstream.

Pre-confirm large cashflows with clients to prevent settlement issues and ensure accuracy on payment terms. Perform callbacks with clients to ensure 100% accuracy on SSI’s.

Identify and resolve cash breaks through systematic investigation and root cause analysis. Proactively liaise with Front Office and Middle Office partners to resolve queries in a timely manner.

Expand and deepen your knowledge of OTC Derivatives to become a best-in-class business partner for all functional stakeholders

Adhere to controls and procedures to minimize operational errors and detect anomalies early. Escalate issues to appropriate stakeholders when circumstances warrant immediate attention

Manage unmoveable deadlines consistently across multiple settlement currencies and payment obligations. Prioritize effectively to balance competing priorities in a fast-paced environment.

Utilize AI to proactively explore process improvements and automate manual processes.

What do you need to succeed?

Must-have

Undergraduate 's degree in finance, business, economics, or related field (or equivalent work experience).

Strong attention to detail and commitment to accuracy in all tasks.

Proficiency with Microsoft Excel, including the ability to create formulas, pivot tables, and analyze data.

Excellent written and verbal communication skills.

Ability to organize work and manage multiple priorities in a fast-paced environment.

Willingness to learn and adapt to new systems and processes.

Professional demeanor and strong customer service orientation.

Nice-to-have

Prior experience with Murex

Relevant experience or knowledge in OTC Derivatives products

Experience working in payments or Operations

Proficiency with AI tools

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• How many years' experience do you have as a Derivatives Analyst?

You live a full life shaped by your ideas. By your family. Career. Community. Your unique place in the world. You want an employer that helps you realize your vision for life with a meaningful career and supports your desire for more.

At RBC, we get it. We’re committed to creating an environment that will help people realize their full potential. Whether it’s developing new skills, opportunities to innovate and grow, modern and comprehensive benefits, or the flexibility to enjoy the moments that matter, RBC is a great place to build your career and life.

It’s your career. Your life. Where do you want to go?

RBC. Make It Yours

You live a full life shaped by your ideas. By your family. Career. Community. Your unique place in the world. You want an employer that helps you realize your vision for life with a meaningful career and supports your desire for more.

At RBC, we get it. We’re committed to creating an environment that will help people realize their full potential. Whether it’s developing new skills, opportunities to innovate and grow, modern and comprehensive benefits, or the flexibility to enjoy the moments that matter, RBC is a great place to build your career and life.

It’s your career. Your life. Where do you want to go?