Futures Clearing Operations Analyst

Macquarie Bank Limited; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading global financial services provider in Singapore is looking for someone to manage SGX Clearing Membership operations. The role involves overseeing all post trade allocations, preparing reconciliations for global exchanges, and working in a diverse team environment. Ideal candidates will have a relevant degree and experience in clearing operations, along with strong communication skills and a detail-oriented mindset. This position comes with numerous benefits and supports a collaborative culture.

Benefits

Wellbeing leave days

Paid parental leave

Paid volunteer leave

Flexible working arrangements

Comprehensive medical and life insurance

Qualifications

• Must have relevant degree qualifications.
• Experience in clearing operations preferred.
• Excellent communication skills required.

Responsibilities

• Oversee daily SGX Clearing Membership operations.
• Manage post trade allocations and clearing for SGX trades.
• Prepare T+1 exchange and broker reconciliations.

Skills

Degree qualified

Up to 3 years relevant clearing operations experience

Strong control mindset

Excellent communication skills

Customer and solution driven mindset

Meticulous with strong attention to detail

Education

Degree in Finance or related field

Job description

Join our futures team and oversee the daily operation of our SGX Clearing Membership and reconciliations for the global exchanges that we clear.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

You will be responsible for all post trade allocations and clearing for all SGX trades, including performing T+1 trade amendments and giveups, position transfers/position limit monitoring, and submission of regulatory reports to SGX/MAS. You will investigate and resolve SGX breaks raised by the headquarter team, monitor all trades booked to suspense / holding and average price accounts, manage timely escalations, and ensure procedures are up to date and reviewed on a periodic basis.

You will also be responsible for the preparation of T+1 exchange and broker reconciliations for global exchanges, providing the highest standard of service and support to internal clients and the business. In addition, you will continuously review/monitor workflow and strive for efficiencies in time, costs and service levels as well as work on operations related projects, influence change and manage stakeholders.

What you offer

• Degree qualified with up to 3 years relevant clearing operations experience
• Strong control mindset with the ability to elevate, digest large quantities of information, formulate appropriate action plans and prioritise and identify key risks
• Excellent communication skills with the ability to work collaboratively and under pressure
• Customer and Solution driven mindset with the flexibility to reflect on key risk areas, propose solutions and improve processes
• Meticulous with a strong attention to detail.

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day and 5 additional paid Flexi-Leave days per year
• 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• 2 days of paid volunteer leave per annum and donation matching
• Option to purchase additional annual leave
• Benefits and initiatives to support your physical, psychological and financial wellbeing including, comprehensive medical and life insurance cover and additional flexible wellbeing credits
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Our commitment to diversity, equity and inclusion

We are committed to fostering a diverse, equitable and inclusive workplace. We encourage people from all backgrounds to apply and welcome all identities, including race, ethnicity, cultural identity, nationality, gender (including gender identity or expression), age, sexual orientation, marital or partnership status, parental, caregiving or family status, neurodiversity, religion or belief, disability, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.

Our aim is to provide reasonable adjustments to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know in the application process.