Futures Operations Officer

AMBITION GROUP SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading investment group in Asia is seeking a professional to manage clearing and settlement activities in Singapore. This role requires at least 5 years of experience in the futures industry, along with a Bachelor’s degree in Finance or Accounting. The ideal candidate will execute daily settlements, perform reconciliations, and ensure regulatory compliance while collaborating with various operational teams. Exceptional communication skills in English and Chinese are essential for engaging stakeholders across Greater China.

Qualifications

• Bachelor’s degree or higher in Finance, Accounting, or a related discipline.
• At least 5 years of professional experience within the futures industry.
• Proven track record in clearing & settlements, reconciliation, regulatory reporting.

Responsibilities

• Manage clearing deadlines for timely trade processing.
• Execute daily settlement activities for exchange-traded derivatives.
• Perform daily reconciliations of trades and positions.
• Maintain static data within internal systems.
• Ensure compliance with local regulatory requirements.
• Identify opportunities to improve settlement processes.
• Prepare and submit reports on settlement activities.
• Collaborate with trading and operational teams.

Skills

Clearing & settlements

Reconciliation

Regulatory reporting

Client margin control

Cash settlement

FX delivery

Options exercises

Communication in English

Communication in 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.