Derivative Operations Analyst

StoneX Group Inc.; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

StoneX Group Inc. in Singapore seeks an Operations professional focused on derivatives to support post-trade clearing and funding.

You will handle trade input, matching, and settlements with SGX/ASX and other exchanges, while ensuring accurate, timely reporting and issue resolution. The role requires 2-3 years in derivatives operations, strong knowledge of derivatives markets, and excellent communication with internal and external stakeholders.

Qualifications

• 2-3 years of relevant experience in derivatives operations.
• Good understanding of exchange-traded derivatives markets, systems and workflows.
• High standards of accuracy, diligence and ability to meet deadlines.
• Strong communication skills for internal and external stakeholders.

Responsibilities

• Perform post-trade activities with exchange clearing systems (SGX, ASX, and other Asian Exchanges).
• Process position transfers, deliveries/expiries, closeouts, trade allocations with Clearing House and brokers.
• Input trades, correct errors and perform closeouts in vendor middleware/versioned systems.
• Manage futures and option trades matching and allocations in clearing systems.
• Analyze and resolve trade discrepancies and respond to stakeholder queries in a timely manner.
• Report end-of-day breaks and escalate unresolved issues to the reporting manager.
• Provide root-cause analysis for clearing breaks and ensure non-recurrence.
• Participate in UAT for software/hardware upgrades and process changes.

Skills

Derivatives operations

Attention to detail

Communication skills

Education

Bachelor's degree or diploma

Job description

Overview

Full-time AND Permanent

Legal Entity

StoneX Financial Pte Ltd

Report to

Client Management Team Lead, Singapore

Company Overview

Connecting clients to markets – and talent to opportunity.

With 5,4 0 0 + employees and over 80,000 institutional, commercial, and payment s clients, we operate from more than 8 0 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Business Segment Overview

Retail : Empower individual investors – and yourself – in the world of retail through a range of different financial products rooted in innovation and market intelligence. From FX and CFDs to precious metals, master an exciting world of wealth management tools.

Responsibilities

Position Purpose: The Operations Top Day Trade team is responsible for operational processes mainly focused on trade clearing and funding, handling the Listed Derivatives product suite.

• On a daily basis performs post trade activities with exchange clearing systems such as SGX, ASX and other Asian Exchanges;
• Process position transfers, deliveries/expiries, closeouts, trade allocation, EFP and NLT bookings with Clearing House (SGX and ASX) and 3rd party brokers, including affiliates of StoneX;
• Manual trade input, trade correction, specific closeout in GMI/XTP ( Trade transfer, missing trades, etc );
• Managing of futures and option trades matching and allocation in vendor middleware, XTP Clearing (formerly Seals) for both the connected and non-connected markets;
• Analyse and resolve trade discrepancies and respond to internal stakeholders and clients queries on a timely basis;
• Report on end of day breaks, elevate any unresolved breaks to reporting manager;
• Provides timely and root cause analysis into any clearing breaks and exceptions identified by the client services and reconciliations team, ensuring non-reoccurrence;
• Perform UAT for both software and hardware upgrades, development or technical process changes in coordination with the App support and our Ops colleagues.
• Ensure timely submission of all exchange/regulatory reporting requirements, including SGX PCS, ASX DBOR, CME/CFTC/ICE Large Trader Liaising.
• Well versed in the various regulatory reporting requirements and ability to resolve breaks and discrepancies facing the Regulators.
• Participate in Operations-related projects on adhoc basis and undertake any task as delegated by the Head of Operations and Desk Head.

Qualifications

To land this role you will need:

• 2-3 years of relevant experience in Derivatives Operations
• A good understanding of Exchange-Traded Derivatives markets, systems and process workflows
• Strong knowledge of the key risk areas of the functions and its relevant controls
• High standards of accuracy, diligence, and the ability to meet deadlines
• A process excellence mindset coupled with initiative
• Strong communication skills for both internal and external stakeholder communication

What makes you stand out

• A good Bachelor’s degree or exceptionally strong results in an diploma qualification
• Familiarity with wholesale financial markets, products and clearing house mechanisms
• Excellent written and oral communication skills in English