TSCO - Clearing and Settlement Analyst, Derivative Settlements (FX/OTC) - Analyst / Sr. Analyst

Dormont Manufacturing Co; Manila; On-site; PHP 600,000 - 900,000; Full time

Benefits offered by this job

Competitive Salary

Retirement Benefit

Medical and Life Insurance

20 days Annual Vacation Leaves

Job summary

Dormont Manufacturing Co in Manila is seeking an experienced TSCO - Clearing and Settlement Analyst for Derivative Settlements at Analyst/Senior Analyst level. The role covers daily settlements, trade confirmations, and cash transfers with a focus on accurate processing and strong controls.

You will work with global settlement management and broader operations to ensure timely, compliant operations, including reporting and stakeholder coordination.

Qualifications

• Graduate preferably in Business Administration or related course
• Strong understanding on OTC Derivatives Concept
• Fluent with English, both verbal and written communication
• Ability to work independently, as well as in a team environment
• Eye for detail, ability to multitask, and meet strict deadlines

Responsibilities

• Ensure that all trade confirmations are matched in a timely manner, meeting regulatory requirements on confirmation timeliness.
• Complete daily pre and post settlements within the agreed timeline.
• Investigate and resolve queries, coordinating with Sales, Trading, other DB branches and external customers.
• Maintain a strong control environment with diligence and accuracy.
• Manage resources and adapt to market-driven flows to meet client and market needs.
• Prepare management reports and contribute to departmental initiatives.
• Collaborate with internal and external stakeholders to ensure timely processing.

Skills

OTC derivatives

Attention to detail

English communication

Teamwork

Multitasking

MS Office

Education

Bachelor's degree in Business Administration or related

Tools

MS Office (Word/Excel/PPT)

Job description

Job Description:

Job Title: TSCO - Clearing and Settlement Analyst, Derivative Settlements - Analyst/Sr. Analyst/

Location: Manila

Corporate Title: Analyst / Senior Analyst

Work Hours: 3PM - 12AM or 4PM - 1AM (Mid shift)

Overview:

You will be part of Cross asset Derivative Settlements team; the team aims to process daily pre and post settlements and related activities either manually or STP. The core functions covered within the team is to ensure timely matching of trade confirmations, trade settlement, cash transfers to clients and banks, reconciliation of ledgers with the incoming/outgoing funds. The team is required to understand the fundamentals of the product and underlying instruments and business strategy.

You will be responsible for ensuring the operations environment is run in a controlled manner, ensuring that all KPI’s are achieved and delivered to the standards agreed. The job holder also needs to ensure the resources both human and technological are managed effectively to ensure that all operational risks are mitigated, there is coverage to ensure any business requirements - standard and non-standard are understood and always met. Job holder needs to manage market-driven flows, understand the client and market needs and be able to manage the team to adapt to these to ensure delivery.

Other responsibilities include cross-training, succession planning, preparation of management reports and contributing to departmental initiatives, and working with various departments to ensure timely and accurate processing of all activities on a regular basis within the given timelines.

What we’ll offer you:

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

Your key responsibilities:

• Ensuring that all trade confirmations are matched in a timely manner, meeting the relevant regulatory requirements on confirmation timeliness.
• Ensure all the daily pre and post settlements are completed within the agreed timeline.
• Query investigation/resolution which often involves coordinating with Sales, Trading, other DB branches and department members as well as external customers.
• Diligence, attention to detail and commitment to maintaining a strong control environment.
• Dedication, drive, and a strong work ethic.
• Good client relationship management skills – understanding the importance of good client service, both external and internal
• Ability to work under pressure and manage tight deadlines, in an increasingly regulated environment.
• Be a strong team player.
• Detailed oriented, adaptable to changes in the work environment while maintaining strong teamwork and project ownership.
• Active involvement in working groups by gathering feedback from end users and providing input to the business on enhancement.
• Excellent oral and written communication skills would be required to interact with both business and technical stakeholders.
• Solid knowledge of MS office tools such as Word, Excel, PPT
• MIS Reporting and performing analysis on settlement breaks.
• Detailed oriented, adaptable to changes in the work environment while maintaining strong teamwork and project ownership.
• Responsible for building, fostering, and managing relationships with relevant stakeholders (internal and/or external) and around the more time critical, complex, or regulated tasks.

Primary working relationships:

• Global settlement management
• Global operations management
• Internal stakeholders

Your Skills and Experience:

• Graduate preferably in Business Administration or related course
• Strong understanding on OTC Derivatives Concept
• Fluent with English, both verbal and written communication.
• Ability to work independently, as well as in a team environment.
• Eye for detail, ability to multitask, and meet strict deadlines.

How we’ll support you:

• Training and development to help you excel in your career.
• Flexible working to assist you balance your personal priorities.
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

We welcome applications from all people and promote a positive, fair and inclusive work environment.