Operations Specialist

DRW; Singapore; Hybrid; SGD 70,000 - 90,000; Full time

Job summary

A dynamic trading firm in Singapore is seeking an Operations Specialist to support its trading activities. You will handle trade bookings, perform P&L calculations, and interact with teams across trading, treasury, and operations. Ideal candidates have 2 to 5 years of relevant experience in a fast-paced environment, familiarity with financial products, and strong communication skills. This role also requires proactivity and the ability to adapt quickly to changing conditions.

Qualifications

• 2 to 5 years of experience in a detailed role at a hedge fund, prop firm, or investment bank.
• Experience with financial derivatives such as IRS, futures, options, and cryptocurrencies.
• Understanding of Interest Rate Risk (Duration/DV01).

Responsibilities

• Perform detailed trade, position, and valuation reconciliation.
• Assist in trade capture for the firm’s Global Macro trading activity.
• Daily P&L calculation and substantiation.
• Daily P&L calculation and substantiation.
• Support trade management activities including margin calls.

Skills

Detail-oriented

Verbal and written communication

Adaptability

Problem-solving

Proactivity

Education

Bachelor’s degree in finance, business, accounting, CS, or another quantitative field

Tools

Markitwire

Tradeweb

Bloomberg (BBG)

Python

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As an Operations Specialist, your work will involve T-0 trade bookings, trade capture/reconciliation, profit-and-loss calculation and analysis, and a variety of other activities to support the firm’s trading activities in various asset classes. This will also be a hybrid role in which you will be looking to take on responsibilities on the Treasury side of the business. In this role, you’ll have regular direct interaction with a variety of teams, including trading, treasury, operations, and other front office personal. The ability to work in a fast-paced environment while maintaining a high degree of professionalism is paramount.

What you’ll do in this role:

• Perform detailed trade, position, and valuation reconciliation
• Provide assistance in trade capture for all products related to the firm’s Global Macro trading activity
• Field reconciliation-related inquiries from a variety of teams within the firm
• Daily P&L calculation and substantiation
• Support trade management activities, such as processing exercises and assignments, corporate actions, box transfers, currency conversions and life cycle events.
• Act as a primary contact for treasury and cash queries during APAC hours
• Reconcile firmwide cash balances, coordinate funding movements, review/process margin calls, and action daily interest accrual postings.
• Create and approve payment templates across the firms various banking platforms to promote efficient wire processing.
• Be a resource to the trading desk for obtaining equity locates via our Prime Brokers to support the firm’s equity trading activity
• Research and design analytical tools to be integrated into daily procedures
• Adopt, integrate, and promote new technology as it becomes available

You’ll be right at home if you have:

• 2 to 5 years of experience in a detail-oriented role working at a hedge fund, prop firm, or investment bank, ideally in a front office or T-0 middle office function
• Experience with IRS, futures, futures options, equities, equity options, FX, bonds, swaps, cryptocurrencies or other financial derivatives or products
• Understanding of Interest Rate Risk (Duration/DV01)
• Familiarity with Markitwire, Tradeweb, BBG is beneficial
• Prior background in Treasury/Cash Movement related functions (Margin, wire processing, funding is a plus)
• Previous experience with Python or other coding languages. Does not need to be proficient, but basic understanding
• Comfort working with a variety of software and with technologists to identify firm needs
• Excellent verbal and written communication skills, with the ability to effectively interact and collaborate with global teams
• Ability to adapt in a fast-paced, collaborative, and results-oriented environment, and thrive under time-sensitive and high-pressure situations
• Self-starter with strong proactivity, sets ambitious goals, willingness to drive and own projects, and proactively identifies opportunities for impact
• Bachelor’s degree in finance, business, accounting, CS, or another quantitative field

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