AVP, Markets Support Specialist (APAC Equities Control), Global Markets Operations

Bank of America; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading global financial institution in Singapore is seeking an operational support professional for its APAC Equities Trade Control team. The role involves managing trade capture, reconciliations, and supporting various stakeholders. Ideal candidates have a degree, relevant middle office experience, and excellent communication skills. Knowledge of equity derivatives and risk management is essential to drive operational excellence and innovation.

Qualifications

• Relevant middle office/ trade support experience in investment banking.
• Firm understanding of equity swaps/derivative products and operational flows.
• Ability to work under pressure in a high-volume environment.
• Knowledge of financial markets and risk management.

Responsibilities

• Provide operational support for derivative/swaps products.
• Investigate and resolve issues related to bookings and breaks.
• Enhance controls to mitigate operational risk for the firm.
• Collaborate with stakeholders in operations, compliance, and business.

Skills

Quantitative analysis

Communication skills

Problem-solving skills

Team player

Operational excellence

Process orientation

Attention to detail

Education

Degree qualification

Tools

MS Product Suite

Alteryx

SQL

Job description

Job Description

APAC Equities Trade Control is responsible for managing the trade capture, reconciliations, lifecycle management, corporate actions and client servicing for the Prime Financing businesses. The products covered are listed and OTC products in equity swaps/derivatives across all APAC markets.

About the Role

We are seeking a dynamic candidate who is quantitative, analytical, proactive, a team player, able to work under pressure and to tight time constraints and has excellent attention to detail. This position requires daily liaison with many different groups across the organization and so candidates must have a high level of communication and interpersonal skills.

Candidate Profile

The candidate must possess relevant middle office/ trade support experience in a reputable investment bank. The candidate should demonstrate a firm understanding of equity swap/derivative products and end to end operational flows. The candidate needs to be process-oriented to drive efficiencies while having a proven track record in effectively managing risk. The candidate needs to be aligned with organizational goals fostering partnership with the business and acting as an effective enabler for our business and our clients.

Responsibilities

• Provide consistently stellar operational support for derivative/swaps/cash products.
• Support the Sales and Trading Desks by investigating, resolving issues and enquiries related to bookings, breaks etc.
• Utilize critical thinking/problem solving skills to provide timely resolutions to client issues and breaks.
• Work closely with wide range of stakeholders both within operations and outside of operations such as compliance, credit, business.
• Exhibit proactivity to improve process and enhance controls to mitigate operational risk to the firm.
• Strong individual contributor but must be an active team player to achieve collective goals.
• Manage ad-hoc projects and liaise with both internal/external counterparts in different regions.

Requirements

• Ability to work in a pressurized, high volume, deadline-driven environment while maintaining operational excellence.
• Control focused with a good understanding of risk, P&L and the impact of errors.
• Able to initiate solutions, take ownership and drive issue remediation.
• Excellent communication skills at all levels
• Able to envisage front-to-back flows with emphasis on ascertaining financial/regulatory impact
• Knowledge of financial markets with solid experience in Trade Support in a similar Investment Bank.
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
• Degree qualification is essential.
• Proficiency in MS Product Suite i.e. Excel, Word etc.
• Knowledge on APAC equity markets and products preferable.
• Bloomberg, Reuters and some corporate action background preferable.
• Altreyx, VBQ, SQL knowledge is a plus.

Other Qualifications

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world