Product Analyst

U3 INFOTECH PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services company in Singapore is seeking an Analyst for the T&M Interest Rate Derivative Business Control team. Responsibilities include daily PL report production, monitoring transactions, and reconciliation tasks. The ideal candidate should have knowledge of treasury products and proficiency in Microsoft Excel, with the ability to relate product control processes to business strategies.

Qualifications

• Knowledge of treasury products, derivatives and options is preferred.
• Ability to relate product control processes with the business strategies.

Responsibilities

• Produce daily PL reports and provide commentary.
• Monitor New Deals, Late Deals, and Market Operations.
• Reconcile PL between Management reporting and General Ledger.
• Streamline workflows to enhance operational efficiency.

Skills

Knowledge of treasury products

Derivatives and options understanding

Proficient in Microsoft Excel

Job description

The Analyst of the T&M Interest Rate Derivative (IRD) Business Control team will be expected to perform the following roles and responsibilities:

Daily Deliverables

1. Daily PL report production and PL decomposition
2. Provide commentary on significant PL drivers and relating it to the business strategies of the desk
3. Monitoring of New Deals, Late Deals and Market Operations
4. Monitoring checks for transactions done at Off Market rates and arrive at justifications/reasons for entering these transactions
5. Exceptions monitoring on Reported PL vs Trader Estimates and breaches on threshold limits for unexplained PL attributions

Monthly Routine Tasks

1. Reconciliation of PL between Management reporting vs General Ledger
2. GLAO certification on Balance Sheet accounts
3. Room wide & Desk level Reserves computation
4. Significant MTD PL drivers
5. Reporting of Key Risk and Performance Indicators for the desk

Ad-Hoc & Projects Tasks

1. Streamline workflows to enhance operational efficiency within the team
2. Review control processes for gaps
3. To be proficient in handling ad-hoc queries from Front Office/RMG/TMO/Finance
4. To assist in responding to internal and external audit requests for the desks

Requirements

Knowledge of treasury products, derivatives and options is preferred. Proficient in Microsoft Office, particularly Microsoft Excel

Ability to relate product control processes with the business strategies and activities of the desks.