VP, Derivatives Processing & Global Markets Operations

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 120,000 - 170,000; Full time

Job summary

2201 United Overseas Bank (Malaysia) Bhd is seeking a Derivatives Processing Executive in Kuala Lumpur. You will manage end-to-end processing of FX options, swaps, and futures, ensuring accurate trade capture, settlement, and reconciliation.

The role requires 5–7 years in derivatives operations, strong product knowledge, and proficiency in Excel and other financial systems. You will help monitor regulatory requirements and support reporting and UAT for system enhancements.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• 5-7 years of experience in derivatives operations or processing within a financial institution.
• Strong understanding of various derivatives products and their lifecycle.
• Proficiency in financial systems and reconciliation tools.
• Solid knowledge of SWIFT messaging and market practices for derivatives.
• Excellent analytical, problem-solving, and organizational skills.
• Ability to work under pressure and meet tight deadlines.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills, with the ability to collaborate with stakeholders.
• Proficiency in Microsoft Office Suite, particularly Excel.

Responsibilities

• Manage the end-to-end processing of various derivatives products, including FX options, swaps, cross-currency swaps, and futures.
• Ensure accurate trade capture, confirmation, settlement, and reconciliation of derivatives transactions.
• Monitor and resolve trade breaks, discrepancies, and settlement issues with front office and other departments.
• Perform daily reconciliation of derivatives positions, cash flows, and collateral.
• Contribute to improvements in derivatives processing workflows and systems.
• Maintain understanding of regulatory requirements (Dodd-Frank, EMIR, FATCA).
• Assist in preparation of reports for management and regulatory bodies.
• Participate in UAT for system enhancements and new product implementations.
• Provide training and guidance to junior team members.
• Identify and elevate risks and control weaknesses.

Skills

Derivatives knowledge

Analytical skills

Problem-solving

Organizational skills

Communication skills

Excel proficiency

Education

Bachelor's degree in Finance/Accounting/Business Admin

Tools

Microsoft Office Suite

Excel

Job description

2201 United Overseas Bank (Malaysia) Bhd is seeking a Derivatives Processing Executive in Kuala Lumpur. You will manage end-to-end processing of FX options, swaps, and futures, ensuring accurate trade capture, settlement, and reconciliation.

The role requires 5–7 years in derivatives operations, strong product knowledge, and proficiency in Excel and other financial systems. You will help monitor regulatory requirements and support reporting and UAT for system enhancements.