Operations Officer (structured products) | Private Banking

PERSOL; Santo Niño 1st; On-site; PHP 3,488,000 - 4,534,000; Full time

Job summary

PERSOL Singapore Pte Ltd is seeking a detail-oriented professional to handle derivatives operations, payments, and related back-office tasks. The role involves managing asset setup, confirmations, and daily valuations for structured products, FX options, and transfers.

You will work with front and head office teams, ensuring accurate data, timely processing, and adherence to procedures. Prior Avaloq exposure and financial sector experience are preferred.

Qualifications

• Degree in Business/Finance or other relevant streams.
• Meticulous and strong in data management.
• Experience with financial products and data handling is advantageous.
• Avaloq application experience is advantageous.

Responsibilities

• Manage Derivatives (Asia Structured Products) lifecycle and confirmations.
• Handle daily OTC FX Options and DCI Fixings.
• Process payments and transfers, including securities delivery and reconciliation.
• Support and coordinate with front office and head office Operations.

Skills

Meticulous

Data management

Financial terminology

Education

Degree in Business/Finance or relevant streams

Tools

Avaloq

Job description

• Salary: $5,000 - $6,500 per month

• Working Location: Bugis

• Working Hours: Monday - Friday, 9am - 6pm

Responsibilities:

Derivatives (Asia Structured Products):

• Manage AC/DC Product Lifecycle Processes (Equity and FX underlyings / Pivots / TARFs)

  • Create and set-up asset in system and provide long form confirmation for client

  • Perform trade and cashflow confirmation to counterparties

  • Manage daily fixings until end of product lifecycle

• Handle daily OTC FX Options and DCI Fixings

• Manage and upload daily valuation (MTM)

• Notify front office timely of any (early) redemptions for structured notes (FCN/ELN)

• Be the subject matter expert for front office and head office Operations

Payments / Transfers:

• Process incoming and outgoing payments and troubleshoot when issues arise

• Manage the delivery of securities free of payment and vs payment (incoming and outgoing)

• Handle cheque and cash related transactions

• Dealing with Head Office for Reconciliation breaks

Special Condition Set-up / Handling

Amend and verify stock exchange orders

Manage retrocession and trailer

Other tasks:

• Perform client offboarding related task

• Write off securities

• Legal Entity Identifier (LEI) application and renewal

• Handle return mail management

• Mail physical output

• Manage physical archive

• Be a point of contact across various teams in local and head office

• Perform any other ad hoc operations activities or projects as required to support the team

Requirements:

• Degree in Business/Finance or other relevant streams

• At least 3 to 5 years of experience in Financial sector will be an advantage

• Experience in Avaloq application will be an advantage

• Basic understanding of financial products

• Meticulous and strong in data management

We regret to inform that only shortlisted candidates will be notified.

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