Specialist, OTC Derivatives

Kuala Lumpur Permanent MYR5,000 - MYR7,500 per month (MYR60,000 - MYR90,000 per year) Work from Home or Hybrid

• Global MNC

About Our Client

At this globally established company, they believe in their clients' businesses and people that can make a difference in the world. That's why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders - by doing what we do best: reducing risk and enhancing efficiency.

Job Description

• Pre-confirmation/verification of all OTC Derivative deliverables above defined threshold with external counterparties
• Control and maintain preconfirmation projection spreadsheet
• Daily management of IRIS exception/release queues ensuring all items are resolved within currency funding cut-off and within settlement payment lead time.
• Accurate RIMMS GL accounting input.
• Rate publishings release for Fixed Income Derivative products.
• Monthly settlement and reapportioning of Rates and CDS clearing brokerage ensuring reconciliation is completed prior to month end.
• Monitor/review incoming email correspondence/queries received from entities on Fixed Income Derivative business for processing or amendment of cash settlements.
• Assist with other duties as assigned by Manager in periods of absence.
• Investigate and resolve discrepancies from the Infinity/RIMMS outstanding report.
• Investigation of all CLS breaks 901 accounting reconciliation control.
• Monitor/review settlement exceptions.
• Ensure all Clearing house margin payments are accurately reconciled and verified.
• Ensure all daily balance sheet / cash and trade economic reconciliations are accurately completed for both Credit and Rates by providing SOX approval to senior management.
• Fixed Income Derivative 5 and 20 day cash projection reports
• Ensure daily controls/procedures and standing orders are maintained
• To keep human error and operational costs to a minimum/nil.
• To ensure all daily tasks / controls are completed in line with the departmental PRIMA maps and procedures.
• To assist the Manager / Department Head on projects, process improvements or new business initiatives as requested.
• To continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks.
• To escalate any unusual behaviour as well as any processing issues to the Manager or above in a timely manner following the Operations Escalation Policy

The Successful Applicant

• 3 to 5 years experience within Operations/Client Services with exposure to both Credit and Fixed Rate Derivatives.
• Strong settlement and cash/funding management experience
• Educated to degree level education.

What's on Offer

• A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know .

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