FXMM SPECIALIST (1yr renewable contract + 1 mth completion bonus)

TANGSPAC CONSULTING PTE LTD; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading private bank is seeking an FXMM Specialist for a 1-year renewable contract in Singapore. The role involves back office operations for FX transactions, client management, and business management tasks. Candidates should have at least 1 year of FXMM banking experience and a relevant diploma. A knowledge of SWIFT is advantageous. The position offers a monthly salary between SGD 3.8K to 5K, dependent on experience, with a completion bonus.

Qualifications

• Minimum 1 year of FXMM-related banking working experience.
• Knowledge on SWIFT messages (MT2,3 and 6 series) is an advantage.

Responsibilities

• Conduct back office operations for FX/FX Options and Money Markets transactions.
• Match trade confirmations via SWIFT for FX/FXO and MM transactions.
• Process IRS trades, pre-termination and reversals of loans and deposits.

Skills

Knowledge on SWIFT messages (MT2,3 and 6 series)

FXMM-related banking experience

Education

Diploma holder or higher

Job description

Position: FXMM SPECIALIST (1yr renewable contract + 1 mth completion bonus)

My client, a top tier Private bank is looking for a FXMM specialist.

• Monthly salary: SGD 3.8 to 5K (depending on the experience of the candidate)
• Work location: East, next to expo MRT

GENERAL DESCRIPTION

• Back office operations for IRS, FX/FX Options, FX Structures and Money Markets transactions booked and supported out of the Hong Kong and Singapore Booking Centres.
• Conducting daily activities professionally and accurately and ensuring all guidelines/policies are followed to mitigate any errors or losses to maintain operational excellence.

KEY FEATURES OF THE POSITION

Client Management (internal & external)

• Close collaboration with internal partners, external providers and relevant departments on system and workflow improvements.
• Providing prompt, accurate and quality service to internal clients.

Business Management

• Matching of trade confirmations via SWIFT for FX/FXO and MM transactions
• Reconciliation of long form confirmations for FX Structures and IRS
• Authorisation of Interbank MM Deals.
• Processing of IRS trades, pre-termination and reversals of loans and deposits.
• Handling exception queue for FX trades.
• Investigation and resolution of trade discrepancies and cash breaks assigned.
• Participation in process reviews and implement workflow improvements and UAT testing when required.

SKILLS REQUIREMENTS OF THE POSITION

Professional and Technical

• Diploma holder or higher
• Minimum 1 year of FXMM-related banking working experience
• Knowledge on SWIFT messages (MT2,3 and 6 series) is an advantage

If you are interested, please your updated CV to [e-mail] or apply via the link.

Only shortlisted candidates will be notified.