Derivatives Operations Senior Analyst

Manulife John Hancock; Quezon City; On-site; PHP 600,000 - 900,000; Full time

Job summary

Manulife John Hancock in Manila is seeking an Operations Specialist to support the end-to-end post-trade lifecycle for derivatives. You will validate, allocate, match, confirm and resolve exceptions, and coordinate settlements.

This role requires 1–2 years in investment or derivatives operations, strong attention to detail, and collaboration with Front Office, custodians, and other teams to ensure accurate processing and controls.

Qualifications

• Undergraduate degree in accounting/finance/economics or related field.
• 1–2 years of experience in investment operations or derivatives operations.
• Ability to investigate operational exceptions and coordinate resolutions.
• Strong attention to detail and commitment to controls.
• Effective communication with internal and external stakeholders.
• Familiarity with MS Office and derivative trading platforms.

Responsibilities

• Support end-to-end post-trade lifecycle for derivatives (OTC, cleared, and exchange-traded).
• Perform trade processing: validation, allocation, matching, confirmation, and exception resolution.
• Execute and monitor settlements, cash, and collateral, resolving discrepancies.
• Perform reconciliations of positions, transactions, and cash; investigate breaks.
• Manage collateral and margin activities, including movements and substitutions.
• Collaborate with Front Office, custodians, clearing brokers, and other teams to resolve issues.
• Complete required controls, reporting, documentation and audit support.
• Identify opportunities to improve process efficiency, controls and resilience.
• Develop knowledge across multiple Derivatives Operations functions for cross-functional coverage.

Skills

Operational controls

Attention to detail

Communication skills

Analytical skills

Team collaboration

Education

Bachelor's degree in Finance or related field

Tools

MS Office

Derivative platforms

Job description

Position Responsibilities:

• Support the end-to-end post-trade lifecycle for OTC, cleared and exchange-traded derivatives.
• Perform trade processing activities including validation, allocation, matching, confirmation and exception resolution .
• Execute and monitor cash, trade and collateral settlements , resolving discrepancies and failed transactions.
• Perform position, transaction and cash reconciliations and investigate breaks through resolution.
• Manage collateral and margin activities , including margin calls, collateral movements, substitutions and reconciliations.
• Partner with Front Office, custodians, clearing brokers, counterparties, Technology and other Operations teams to resolve issues and ensure timely processing.
• Complete required operational controls, reporting, documentation and audit support .
• Identify opportunities to improve process efficiency, controls and operational effectiveness .
• Develop knowledge across multiple Derivatives Operations functions to provide cross-functional coverage and operational resilience .

Required Qualifications:

• Relevant undergraduate degree or equivalent experience, preferably in Accounting, Finance, Economics, Business or a related discipline .
• Preferably 1 to 2 years of experience in investment operations, derivatives operations, securities operations or a related financial-services environment.
• Ability to investigate operational exceptions, identify root causes and coordinate issues through resolution.
• Strong attention to detail and commitment to accuracy and operational controls.
• Ability to prioritize multiple activities and respond effectively to changing requirements and deadlines.
• Strong written and verbal communication skills and the ability to communicate effectively with internal and external stakeholders.
• Strong organizational, analytical and problem-solving skills.
• Familiarity with Microsoft Office, derivative trading/accounting platforms, collateral management systems and third-party market data providers is preferred.
• Team-oriented approach with demonstrated ability to establish and maintain effective working relationships across functions.

Preferred Qualifications:

• Working knowledge of the post-trade lifecycle for derivative products , including trade capture, allocation, matching, confirmation, settlement, reconciliation and collateral management.
• Knowledge or exposure to derivative products such as futures, options, interest rate swaps, credit default swaps, foreign exchange and other OTC or cleared derivatives .
• Knowledge or exposure to collateral and margin processes , including bilateral and cleared margin requirements, collateral movements and reconciliations, is preferred.
• Familiarity with ISDA documentation and Credit Support Annexes (CSAs) is an advantage.
• Understanding of custodian, counterparty and clearing broker operations and associated settlement and reconciliation processes.

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.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html .

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