Senior Analyst/Associate, Central Dealer

Maybank Investment Banking Group; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

Maybank Securities is seeking a candidate to join the Central Dealing team in Singapore. You will handle trade executions for clients and related activities while ensuring TRs and retail clients are eligible to trade US shares and ETFs under regulatory rules.

You will also monitor risk profiles and supervise OTC pre-approvals as needed. You will coordinate with brokers for institutional and retail orders, update clients on order status, and maintain SOPs for US order execution and prime

Qualifications

• Aware of the latest markets news and company announcements.
• Familiar with the equity market and its workings; able to work Asia Night market trading sessions.
• CMFAS certifications for the role preferred (Modules 1A, 2A, 5, 6 and 6A or equivalent).

Responsibilities

• Execute trades for retail and institutional clients and related activities.
• Ensure retail clients and Trading Representatives are qualified to trade US shares and ETFs per regulations.
• Verify clients trading within established credit risk limits and approved profiles.
• Pre-approve OTC purchases for clients and TRs where required.
• Ensure order execution with designated brokers to prevent settlement issues.
• Provide status updates to TRs and clients by end of day (email/phone).
• Provide timely reporting of trade details to clients, TRs, and Maybank Securities subsidiaries.
• Develop and maintain SOPs for US order execution and support options trading for Prime Brokerage.

Skills

Market awareness

Equity trading knowledge

Night shift readiness

Attention to detail

CMFAS certifications preferred

Education

Diploma/Advanced/Higher/Graduate Diploma in Business/Finance or related field

Bachelor's or Postgraduate degree in Business/Finance or related field

Job description

Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & advisory, navigating debt and equity capital markets, derivatives trading, brokerage and research for both retail and institutional investors, and prime brokerage.

Job Description:

• As a member of Central Dealing team, you will report to the Dealing Manager and be responsible for trade executions for our clients and other related activities.
• To ensure the retail clients and Trading Representatives (TR) are qualified to trade in US shares and ETF according to regulations.
• To ensure the retail clients and TR are trading within their credit approved risk profile and limit.
• For OTC counters, we need to ensure clients and TR obtain pre-approval from credit and meet the prerequisites criteria for purchases of OTC counters.
• To ensure execution of orders to the designated brokers for institutional clients and retail clients in order to prevent settlement issue.
• To inform TR and clients of their orders status by end of the day such as via email or phone call.
• Provide timely reporting and communication of trade/order details to retail clients, TR, Maybank IB and Maybank Securities subsidiaries.
• Timely and accurate trade execution of orders for aforesaid clients and subsidiaries
• Service quality to aforesaid clients and subsidiaries
• To manage order placement/withdrawal of US orders for online retail clients and Trading Representatives (TR)
• To assist TR and retail clients with their US order placement and trade enquiries
• To assist Maybank IB –KL and Maybank Securities overseas subsidiaries with their placement of US orders
• To assist CFD clients and TR with their placement of US orders and enquiries
• To liaise with CFD vendors for system fix in the event of system breakdown
• To assist Forex clients with their order placement and enquiries
• To develop and maintain SOP for US order execution
• Assist with the execution of Options Trading for Prime Brokerage

Qualification and skillset requirement:

• The role will require the candidate to be aware and informed of the latest markets news and company announcements.
• The candidate should be familiar with the equity market and its workings. It will require the candidate to work during Asia Night market trading sessions.
• Candidate must possess at least Diploma/Advanced/Higher/Graduate Diploma, bachelor's degree/Post Graduate Diploma/Professional Degree in Business, Finance or related fields
• At least 2 Year(s) of working experience in the related field is required for this position.
• Meticulous in trade executions.
• Candidates who have attained the required CMFAS certifications for the role will be preferred. This includes Modules 1A, 2A, 5, 6 and 6A (equivalent New modules effective 1 April 2024, Modules RES 1A, RES 2A, RES 5, CM-EIP, CM-SIP).

We regret that only short-listed candidates will be notified.