Associate & Senior Associate's-Derivatives Operations (1x to 2x RTO a Month)

AVENSYS CONSULTING INC.; Pasay; On-site; PHP 500,000 - 900,000; Full time

Job summary

AVENSYS CONSULTING INC. is seeking a Senior Associate, Derivatives Operations (Trade Management) to support trading, investment, and reporting activities across trade settlements.

You will handle reconciliation, liaise with brokers/custodians for unmatched trades, and assist with FX and derivatives settlements. The role requires 3+ years in capital markets with solid reconciliation knowledge and proficiency in Excel/SQL.

Qualifications

• At least 3 years of experience with Capital Markets, Reconciliation, and General Fund Accounting Principles.
• Basic instrument knowledge in equities, fixed income and derivatives and the Trade Life Cycle/Settlement process.
• Basic to intermediate knowledge in Excel and SQL, or VBA is a plus.
• Good communication and client service skills.
• Can work with minimal supervision and deliver high-quality output.
• Multi-tasking skills and ability to prioritize tasks effectively.
• Proactive, motivated, detail-oriented, a team player and knows how to work with SLA and metrics.
• Must be willing to work graveyard shift (9 PM - 6 AM Philippine Time).
• Bachelor's/College Degree in Financial Management and related business courses.

Responsibilities

• Reconcile all investment products handled by DerivOps in Three-way Positions Reconciliation.
• Liaise with counterparties for unmatched trades from Traiana Harmony for Synthetic Futures and FX products.
• Coordinate with counterparties for unmatched trades from CLS tool for FX products.
• Create wires for OTC derivative instruments, Settlements for Commodities, MBS, Synthetics, and Index Swaps.
• Assist in answering FX-related inquiries sent to the FX MO distribution email.
• Assist in monitoring and resolving all ageing Derivops wire breaks.
• Communicate with onshore counterparts, custodians, brokers, and admins to query and resolve issues.
• Identify opportunities for process efficiencies via automation projects.
• Ensure timely update and completeness of process documentation.
• Take on additional responsibilities as the group expands.

Skills

Capital Markets

Reconciliation

General Fund Accounting

Excel

SQL

VBA

Communication skills

Client service

SLA knowledge

Multitasking

Attention to detail

Team player

Willingness to work Graveyard shift

Education

Bachelor's/College Degree in Financial Management or related business courses

Tools

Excel

SQL

VBA

Job description

About the role

Senior Associate, Derivatives Operations (Trade Management) supporting the various trading, investment, and reporting activities of the firm. Trading Operations oversees the full breadth of firm wide trade settlements by leveraging scalable, straight through processes to ensure a seamless transition of a trade through its complete lifecycle from trade matching and reconciliation to allocation and delivery and finally, funding and settlement.

Key responsibilities

• Reconcile all investment products handled by DerivOps in Three-way Positions Reconciliation




• Liaise with the relevant counterparties (Brokers and Custodians) for all unmatched trades from the Traiana Harmony system for Synthetic Futures and FX products




• Coordinate with the relevant counterparties (Brokers and Custodians) for all unmatched trades from the CLS tool for FX products




• Create wires for OTC derivative instruments, Settlements for Commodities, Mortgage-Backed Securities, and Synthetics, and Index Swaps




• Assist in answering FX-related inquiries sent to the FX MO distribution email




• Assist in Monitoring and resolving all ageing Derivops wire breaks




• Properly communicate with onshore counterparts, custodians, brokers, and administrators to query, escape and resolve issues pertaining to the processes and deliverables assigned




• Identify opportunities for process efficiencies through streamlining and automation projects by collaborating with other team members




• Ensure timely update and completeness of process documentation




• Able to take on additional responsibilities as the group expands

About you

• At least 3 years of experience with knowledge/exposure to Capital Markets, Reconciliation and General Fund Accounting Principles




• Basic instrument knowledge in security types (Equities, Fixed Income and Derivatives) and the Trade Life Cycle/Settlement process




• Basic to Intermediate knowledge in Excel and SQL, or VBA is a plus




• Good communication and client service skills




• Can work with minimal supervision and deliver high-quality output




• Multi-tasking skills and ability to prioritize tasks effectively




• Proactive, motivated, detail-oriented, a team player and knows how to work with Service Level Agreements (SLA) and metrics




• Must be willing to work on Graveyard shift (9 PM - 6 AM Philippine Time)




• Comfortable working in rapidly changing, team-based work environment




• Bachelor's/College Degree in Financial Management and other related business courses