Associate (12 months contract), Public Markets - Trading Assistant

Temasek; Singapore; On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dynamic trading assistant to join their Public Markets team. This role focuses on supporting the equity derivatives team in managing trade operations and monitoring performance. Ideal candidates should possess a solid understanding of equity derivatives and exhibit strong Excel skills. You will play a key role in trade booking, liaising with operations, and preparing management reports. This is a fantastic opportunity for individuals looking to grow within a prestigious investment firm, offering a collaborative environment and the potential for contract extension based on performance.

Qualifications

• 1-2 years in derivatives trading support or middle office.
• Basic understanding of equity derivatives and trade documentation.

Responsibilities

• Manage the entire derivative trade flow including trade bookings.
• Monitor risk and performance reporting for derivatives trades.

Skills

Equity Derivatives Knowledge

Excel Skills

Attention to Detail

Communication Skills

Team Collaboration

Education

Bachelor's Degree in Finance or Related Field

Tools

Microsoft Excel

PowerPoint

VBA

Job description

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

Introduction

We are seeking a 12-month trading assistant (contract) to join Temasek’s Public Markets team focusing on supporting the equity derivatives team based in Singapore. The Public Markets team is part of the Firm’s Investment Group. It is possible that the tenure may be extended at the end of the 12-month assignment – this will be dependent on satisfactory performance of the individual and headcount availability at that time.

The derivative arm within Public Markets is responsible for the structuring and trading of all of the Firm’s investment-related derivative transactions. The Firm uses derivatives for three primary purposes: (1) to enhance yield on the portfolio, (2) to protect the portfolio, and (3) to express macro-investment views. The team works seamlessly with the Firm’s Investment Group, various discretionary mandates, as well as Portfolio Strategy Risk Group, and primarily focuses on OTC single stock, ETF and index equity derivatives, including vanilla call / put options and total return swaps. Other instruments covered include listed FLEX options trading, futures, and ETFs.

The primary responsibility of the new contract position will be to support the team in management of entire derivative trade flow, including but not limited to trade bookings, risk and performance monitoring & reporting. The ideal candidate is expected to have basic product knowledge of equity/commodity derivatives, including options and swaps, and strong Excel skills. S/he should be numerate, with excellent attention to detail and flexibility and willingness to learn about new products as the team grows.

Responsibilities

• Trade booking and trade operations management (including preparing trade recaps)
• Handling full lifecycle of derivatives trades including corporate actions and expiries
• Risk & performance monitoring & reporting
• Liaise with operations team to settle ad-hoc trade settlement issues with trading counterparties
• Support the trading team on day-to-day activities
• Preparation of presentations and analysis for management reporting purposes
• Assisting with longer-term organizational or team projects on ad hoc basis

Requirements

• Basic understanding of equity derivatives (call options, put options, and options combinations)
• Relevant experience in equity derivatives trade support is preferred
• Experience in dealing with trade term sheet / structured trade documentation will be a plus
• Strong Microsoft Excel and PowerPoint skills
• Energetic and willing to learn
• High attention to detail
• Team player and ability to work well across different functions
• VBA/Programming skills would be useful, but not essential
• Detail oriented, self-motivated team player with excellent communication skills
• At least 1 - 2 years of relevant experience in derivatives trading support / middle office. Candidates with trading support experience in asset management firms or banks can also be considered.