Associate/Senior Associate (12 months contract), Operation (Trade Support - Derivatives)

Temasek; Singapore; On-site; USD 50,000 - 100,000; Full time

Job summary

An established industry player seeks a detail-oriented professional to manage external vendor relationships and financial processes. This role involves liaising with market data providers, managing invoices, and ensuring financial transparency. With a focus on strategic analysis and process improvement, the ideal candidate will thrive in a fast-paced environment and possess strong analytical and communication skills. Join a forward-thinking company that values sustainable returns and is committed to making a difference for future generations.

Qualifications

• Minimum of 2 years’ experience in financial markets or procurement administration.
• Strong understanding of market data functions and services.

Responsibilities

• Liaison for external information vendors ensuring effective support.
• Manage team mailbox and address queries from stakeholders.
• Maintain automation tools and dashboards for reporting.

Skills

Analytical Skills

Decision-Making

Process Orientation

Communication Skills

Interpersonal Skills

Education

Bachelor's Degree in Business Administration

Tools

Bloomberg

S&P

FactSet

Refinitiv

MSCI

Workday

Job description

Temasek Job Opportunity

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.

Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations. Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

For more information on Temasek, please visit www.temasek.com.sg

For Temasek Review 2024, please visit www.temasekreview.com.sg

For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024

Responsibilities

1. Be the key liaison for external information vendors to ensure effective support: market data service delivery, contract inventory, and invoice payment.
2. Manage the team mailbox to address queries from internal and external stakeholders related to service delivery, invoices, or general data/troubleshooting issues.
3. Update and track users’ and enterprise feed subscriptions accurately in the contract inventory.
4. Handle invoice management, including reconciliation to agreed commercial terms, variance analysis, and upload to Workday for authorization and payment, in accordance with internal controls, country tax requirements, and payment terms.
5. Ensure financial transparency in cost allocation for contracts managed by Data COE, with the business responsible for their budget and spending. Generate quarterly allocation files for finance based on vendor usage data.
6. Review yearly accruals, ensuring completeness and accuracy through active engagement with Finance and Procurement teams.
7. Manage the firm-wide enterprise data subscription budget, preparing the budget and accruals for approval.
8. Reconcile Workday data domain and reports with the data spend dashboard.
9. Maintain automation tools and dashboards for reporting, proactively suggesting improvements to replace manual workflows where appropriate.

Requirements

• Bachelor’s degree in Business Administration or equivalent, with a minimum of 2 years’ experience in financial markets, client service, procurement administration, or payment management, preferably in Investment Asset Management.
• Fresh graduates with relevant internship experience are encouraged to apply.
• Understanding of market data functions and services, with the ability to see how work streams’ processes integrate.
• Strong analytical skills, good decision-making, process orientation, and the ability to quickly assess issues and escalate when necessary.
• Strategic focus with the ability to analyze data and the investment business, formulate, and implement robust processes.
• Attention to detail and accuracy, results-oriented.
• (For internal screening) Knowledge of external providers such as Bloomberg, S&P, FactSet, Refinitiv, and MSCI tools.
• Excellent written and verbal communication skills.
• Self-starter, adaptable, organized, capable of multitasking in a fast-paced environment.
• Strong interpersonal skills to work effectively with teams and stakeholders.