VP, Derivatives Processing & Settlements

UOB; Kuala Lumpur; On-site; MYR 100,000 - 167,000; Full time

Job summary

UOB Malaysia is seeking a Derivatives Processing Executive to ensure accurate and timely processing and settlement of derivatives transactions, while adhering to internal policies and regulatory requirements.

You will manage end-to-end processing of derivatives products, perform daily reconciliation, and support system enhancements. A 5–7 year background in derivatives operations within a financial institution is expected.

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 effectively under pressure and meet tight deadlines.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Experience with regulatory reporting for derivatives is a plus.

Responsibilities

• Manage the end‑to‑end processing of various derivatives products, including but not limited to FX options, interest rate 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 in a timely manner, liaising with front office, counterparties, and other internal departments as needed.
• Perform daily reconciliation of derivatives positions, cash flows, and collateral.
• Contribute to the continuous improvement of derivatives processing workflows and systems.
• Maintain a strong understanding of relevant regulatory requirements (e.g., Dodd‑Frank, EMIR, FATCA) and internal policies.
• Assist in the preparation of reports for management and regulatory bodies.
• Participate in user acceptance testing (UAT) for system enhancements and new product implementations.
• Provide training and guidance to junior team members as required.
• Identify and elevate potential risks and control weaknesses within the derivatives processing function.

Skills

Analytical skills

Problem-solving

Organizational skills

Under pressure

Communication and interpersonal skills

Education

Bachelor's degree in Finance, Accounting, Business Administration, or a related field

Tools

SWIFT messaging

Reconciliation tools

Microsoft Excel

Financial systems

Job description

UOB Malaysia is seeking a Derivatives Processing Executive to ensure accurate and timely processing and settlement of derivatives transactions, while adhering to internal policies and regulatory requirements.

You will manage end-to-end processing of derivatives products, perform daily reconciliation, and support system enhancements. A 5–7 year background in derivatives operations within a financial institution is expected.