Manager, Operations and Clearing Services, Listed Derivatives

Kenanga Investment Bank Berhad; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A financial services provider in Kuala Lumpur seeks a Manager for Operations and Clearing Services to oversee essential operational tasks and support effective client relationships. The ideal candidate will hold a degree, have at least 5 years of experience in futures or similar operations, and possess strong management and project delivery skills. Responsibilities include credit evaluations, policy compliance, and team development. This role is pivotal for enhancing operational effectiveness and client satisfaction.

Qualifications

• Minimum 5 years working experience in futures or similar business operations.
• Strong understanding of clearing and settlement processes.

Responsibilities

• Oversee core operational tasks for effective service delivery.
• Conduct credit evaluation and approve limits.
• Maintain clear internal policies and operational procedures.
• Establish rapport with institutional clients for support.
• Supervise staff development and engagement.
• Drive project management initiatives.

Skills

Futures operations experience

Client relationship management

Credit evaluation

Project management

Education

Degree holder in any related disciplines

Job description

Manager, Operations and Clearing Services, Listed Derivatives

Oversee the core operational tasks of department and support the Head of Clearing Services for the management of department under Kenang Futures Sdn Bhd in order to achieve operational effectiveness as well as providing quality clearing services to foster excellent client relationship.

Clearing & Settlement Management

• Oversee and ensure all positions transfer, give up, give in, match out and allocation are completed
• Oversee and ensure spot month contracts for physical delivery products are closely monitored
• Oversee and ensure all payments and deposits are accounted for accordingly
• Daily reconciliation to ensure Clearing House & Segregated Account are in order
• Monitoring clients' transactions for AML/CFT
• Oversee, monitor and control the movements of funds to ensure sufficient fund for settlement
• Oversee and review client onboarding process

Credit Management

• To conduct credit evaluation independently & approve limits accordingly to KF AA
• Oversee and monitor Credit functions on clients’ position/exposure limit and margin call status
• Oversee and monitor the company’s exposure to clients or counterparty

Maintenance of Internal Policy & Procedures, Guidelines and Operational Requirement

• Ensure clear policies and procedures are in place
• Ensure Operational processes are in compliance with the established policies and procedures
• Review on the policies and procedures at least once a year

Client Management and FBR Management

• Establish and maintain close rapport with FBR/Institutional clients in relation to clearing & settlement matter
• Provide efficient and timely operational support to all FBR and clients.

Staff Development and Engagement

• Monitor staff development plan, staff discipline and performance matters
• Provide coaching and mentoring to direct reports subordinates

Project Management

• Drive and manage the project
• Ensure timely delivery of the project

Qualifications

• Degree holder in any related disciplines
• Minimum 5 years working experience in futures or similar business operations