OTC Derivatives Middle Office Specialist

Amundi; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Amundi in Singapore seeks an experienced middle/back-office professional to manage OTC derivative trade processing, reconciliations, and lifecycle events. You will ensure accurate trade capture, confirmations, settlement, and collateral management while coordinating with custodians and fund accountants.

The role requires 7–8 years in a middle/back-office function with strong Excel/VBA skills and solid stakeholder communication. Regulatory filings support and KPI reporting are part of the duties.

Qualifications

• 7–8 years of middle/back-office experience.
• Strong understanding of OTC derivatives, especially swaps.
• Experience with trade processing, confirmations and settlement workflows.
• Experience with reconciliations of trades, cash and positions.
• Analytical, proactive with multi-tasking ability under pressure.
• Strong communication and stakeholder management skills.

Responsibilities

• Trade Processing: process OTC derivative trades from execution through confirmation and settlement.
• Perform daily matching/pre-matching (cash, balances, confirmations, and SSIs) and resolve discrepancies with counterparties.
• Ensure accurate trade capture, booking, matching, and confirmation of derivative trades.
• Monitor trades throughout the trade lifecycle.
• Oversee cashflows, coupons and corporate actions related to swaps and associated events.
• Track lifecycle events: initiation, roll, unwind, nominal increase, etc.
• Coordinate settlement instructions, manage pending issues and resolve settlement-related anomalies.
• Handle collateral management and margin activities with counterparties.
• Validate operations and models in internal tools including data quality, controls.
• Investigate and upscale trade breaks, static data issues, and trade discrepancies.
• Follow up on incidents, contribute to resolution and propose process improvements.
• Maintain audit trails, support regulatory filings.
• Projects include: IRS, asset swap, caps & floors, inflation swaps, swaptions, CC swaps, swap ETFs.
• Perform reconciliations in ALTO for cash, securities, trades, positions and cash flows.
• Daily/monthly reconciliations with Fund Accountant and custodians; report KPIs.
• Coordinate audits/regulatory inspections and drive process improvements.

Skills

OTC Derivatives

Trade Processing

Reconciliations

Stakeholder Management

Excel

VBA

Analytical Thinking

ALTO

Tools

ALTO

Job description

Amundi in Singapore seeks an experienced middle/back-office professional to manage OTC derivative trade processing, reconciliations, and lifecycle events. You will ensure accurate trade capture, confirmations, settlement, and collateral management while coordinating with custodians and fund accountants.

The role requires 7–8 years in a middle/back-office function with strong Excel/VBA skills and solid stakeholder communication. Regulatory filings support and KPI reporting are part of the duties.