Senior Analyst/Associate, Central Dealer

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

Job summary

Maybank Securities in Singapore is seeking a Dealing Professional to execute orders for retail and institutional clients, ensuring compliance with regulations and timely status updates.

Role requires 2+ years of relevant experience, a Diploma/Graduate in Finance, CMFAS modules, and availability for Asia night sessions (9:30pm–4:00am; DST 10:30pm–5:00am) with a night desk allowance.

Qualifications

• Awareness of latest markets news and company announcements.
• Familiarity with equity market workings and trading principles.
• Able to work Asia night market trading sessions.

Responsibilities

• Execute orders for retail and institutional clients with accuracy.
• Coordinate with brokers and internal teams to avoid settlement issues.
• Inform TR and clients of order status by end of day via email/phone.
• Maintain SOPs for US order execution and assist with options trading.
• Pre-approve OTC and ensure clients meet credit prerequisites.

Skills

Equity market knowledge

Trade executions

Regulatory compliance

Education

Diploma/Graduate in Finance

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.
• The working hours will be aligned to US market trading hours, from 9:30pm to 4:00am, Monday to Friday. During Daylight Saving Time, the hours will shift to 10:30pm to 5:00am. A night desk allowance will be provided.
• Candidate should have passed all the required CMFAS modules required for the role ie 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.