6 Months Trade Execution (FX) Executive - Commodities | Central | Up to $5000 #NKA

Recruit Express Pte Ltd; Singapore; On-site; SGD 51,000 - 61,000; Full time

Job summary

Recruit Express Pte Ltd in Singapore requires a mid/back-office specialist to handle day-to-day FX and derivatives settlements, with focus on accuracy and timely processing. The role is based at Marina One for a 6-month duration, offering exposure to trade confirmations, banking coordinations, and robust documentation workflows.

The ideal candidate has 2+ years in FX treasury operations, solid knowledge of FX settlements, and hands-on SAP Treasury experience.

Qualifications

• 2+ years of mid-office or back-office FX treasury experience preferred.
• Strong understanding of FX settlements with banks on maturity dates.
• Hands-on SAP treasury or finance modules is an advantage.

Responsibilities

• Trade Confirmation & Settlement: Manage day-to-day operations for execution, confirmation, and settlement of FX, derivatives, options, and related instruments.
• Banking & Cash Flow Coordination: Liaise with banking partners to monitor real-time cash flows for settlements.
• Documentation Management: Prepare and submit trade documentation to banks for clearing and compliance.
• Trade Finance Support: Coordinate SBLC issuance and oversee transaction settlements with traders.
• MIS & Reconciliation: Maintain MIS tracking and reconcile with offshore operations to resolve variances.
• Ad-hoc Support: Assist with wider initiatives as requested.

Skills

FX settlements

Back-office experience

SAP Treasury

Cash flow management

Education

Diploma or Degree in Finance

Tools

SAP Treasury

Job description

Location: Marina One

Duration: 6 months

Salary: Up to $5000

Job Responsibilities:

• Trade Confirmation & Settlement: Manage day-to-day operations for the execution, confirmation, and settlement of FX, Derivatives, Options, Overnight Indexed Swaps (OIS), and Interest Rate Swaps.
• Banking & Cash Flow Coordination: Liaise directly with banking partners to monitor real-time cash flows and direct the movement of funds necessary to settle large-scale trade transactions accurately.
• Documentation Management: Prepare, review, and submit underlying trade documentation to banks to facilitate seamless clearing and compliance with FX business transactions.
• Trade Finance Support: Partner closely with traders and corporate treasury to coordinate the issuance of Standby Letters of Credit (SBLC) and oversee transaction payment settlements.
• MIS & Reconciliation: Collaborate with front-office traders to maintain the trade Management Information System (MIS) tracking execution and maturity dates. Coordinate closely with our offshore operations team to resolve daily reconciliation variances.
• Ad-hoc Support: Assist with wider initiatives and perform any other duties as requested within the profile.

Job Requirements:

• Min Diploma or Degree in Finance, Banking, Business, or a related discipline.
• Strong foundational understanding of FX settlements with banks on maturity dates, cash flow settlements, and Interest Rate Hedging.
• 2+ years of relevant mid-office or back-office experience within an FX treasury function at a bank or corporate entity is highly preferred.
• Hands-on experience using SAP treasury or finance modules is a significant advantage.
• A good understanding of commodity trading is an asset. Basic knowledge of letters of credit, including UCP DC rules (UCP 600) and ISBP guidelines, is highly advantageous.