Futures Operations Officer

AMBITION GROUP SINGAPORE PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading capital markets firm in Singapore is seeking an experienced professional to manage settlement processes. The role requires overseeing the clearing of trades, performing reconciliations, and ensuring compliance with regulatory requirements. Candidates should possess over 5 years of experience in the futures industry and hold a Bachelor's degree in Finance or Accounting. Fluency in English and Chinese is essential for effective communication with stakeholders across Greater China.

Qualifications

• 5+ years of professional experience within the futures industry.
• Proven track record in clearing & settlements.
• In-depth understanding of the regulatory frameworks by MAS and SGX.

Responsibilities

• Manage clearing deadlines and ensure timely processing of trades.
• Execute daily settlement activities for derivatives.
• Perform daily reconciliations of trades and cash flows.

Skills

Clearing & settlements

Reconciliation

Regulatory reporting

Client margin control

Exceptional communication skills in English and Chinese

Education

Bachelor’s degree in Finance, Accounting, or related discipline

Tools

SGX CW2

ION XTP

XTP Clearing systems

Job description

Our client is an Asia-based leading capital markets and investment group.

Key Responsibilities

• Manage clearing deadlines and ensure trades are processed in a timely manner, taking into account regulatory, client, and company requirements.
• Execute daily settlement activities for exchange-traded derivatives, ensuring the timely and accurate settlement of trades. Manage the contract delivery process, including cash settlement, FX delivery and option exercise/assignment.
• Perform daily reconciliations of trades, positions, and cash flows, investigating and resolving any discrepancies or exceptions.
• Maintain static data within internal systems, including client account openings/closures, contract setup, and fee/commission rate updates.
• Ensure all settlement activities comply with local regulatory requirements, particularly those of MAS and SGX.
• Identify opportunities to improve settlement processes and systems, contributing to increased efficiency and reduced operational risk.
• Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
• Work closely with trading, risk, compliance, and other operational teams to ensure smooth end-to-end processing of trades.

Qualifications & Experience

• A Bachelor’s degree or higher in Finance, Accounting, or a related discipline.
• At least 5 years of professional experience within the futures industry, with a proven track record in clearing & settlements, reconciliation, regulatory reporting, and client margin control.
• Working knowledge of SGX CW2, ION XTP, and XTP Clearing systems is highly advantageous.
• In-depth understanding of the regulatory frameworks set by the MAS and SGX.
• Demonstrated expertise in managing key settlement processes, including cash settlement, FX delivery, and options exercises/assignments.
• A proactive, results-oriented professional who excels both independently and in a collaborative team setting.
• Exceptional verbal and written communication skills in English and Chinese, with the fluency required to engage effectively with stakeholders across Greater China.