Derivatives Operations Analyst

Manulife Financial; Quezon City; On-site; PHP 700,000 - 1,000,000; Full time

Benefits offered by this job

Flexible work environment

Diversity and inclusion programs

Job summary

Manulife Financial is seeking a detail-oriented Derivatives Reconciliation Analyst in Quezon City, Philippines. This role involves critical control functions across derivatives activity, ensuring the accuracy of trades and positions. You will investigate discrepancies and contribute to a robust control environment.

The ideal candidate has 3-5 years of experience in reconciliation, knowledge of the trade lifecycle, and familiarity with reconciliation tools like TriResolve. The working arrangement is hybrid, promoting work-life balance and inclusion.

Qualifications

• 3-5 years experience in a reconciliation role.
• Experience with derivatives or finance operations is a plus.
• Experience using reconciliation tools and platforms.

Responsibilities

• Perform daily reconciliation of derivative trades and positions.
• Investigate and resolve reconciliation discrepancies.
• Support reconciliation activities for OTC and exchange-traded derivatives.

Skills

Reconciliation background

Understanding of trade lifecycle

Tools

TriResolve

Job description

We are seeking a detail-oriented Derivatives Reconciliation Analyst to join operations team. In this role, you will be responsible for performing critical control functions across derivatives activity, ensuring the accuracy and completeness of trades, positions, cash, and collateral balances across internal systems and external counterparties.

You will play a key role in supporting the end-to-end derivatives lifecycle, proactively identifying reconciliation discrepancies, driving timely resolution, and contributing to a robust control environment that supports operational excellence and risk management.

Position Responsibilities:

• Perform daily reconciliation of derivative trades, positions, and cash across internal records and external counterparties
• Perform portfolio and counterparty reconciliations using TriResolve (or similar platforms), ensuring completeness, accuracy, and timely break identification
• Investigate and resolve reconciliation breaks and exceptions, leveraging TriResolve outputs and internal systems, and ensuring timely escalation of aged or high-risk items
• Support reconciliation activities for OTC and exchange-traded derivatives including rates, credit, equity, and FX products
• Validate and monitor settlements, payments, and collateral movements related to derivatives transactions

Required Qualifications:

• 3-5 years experience
• Reconciliation background and experience
• Deep understanding of trade lifecycle

Preferred Qualifications:

• Experience with reconciliation tools and platforms such as TriResolve or other similar systems
• Derivatives or other finance operations background

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

Working Arrangement

Hybrid

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].