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A financial services provider in Singapore is seeking an experienced professional in FX operations. The role involves executing the FX trade lifecycle, resolving discrepancies, and performing account reconciliations. Candidates should have a Bachelor's degree and 3 to 7 years of relevant experience. Strong analytical and communication skills are essential for interacting with various stakeholders. This position offers opportunities for process improvement and system enhancements.
Execute end-to-end FX trade lifecycle processing, including confirmation, settlement, and reconciliation of FX spot transactions.
Investigate and resolve trade discrepancies, failed settlements, and other operational issues promptly, ensuring strict adherence to cut-off times and risk controls.
Perform daily reconciliation of nostro accounts, manage cash funding, and handle ad-hoc client inquiries related to settlements and payments.
Actively support process improvement initiatives by identifying inefficiencies, assisting in the development of enhanced controls, and contributing to system testing and implementation.
Ensure all activities comply with internal policies, regulatory requirements, and industry best practices, while maintaining accurate operational procedures and documentation.
Bachelor's degree in Finance, Business, or a related field.
3 to 7 years of direct experience in FX operations or settlement within a banking or financial institution.
Strong, practical knowledge of the FX trade lifecycle.
Demonstrated experience in supporting process improvement, automation, or change management projects.
Detail-oriented with strong analytical and problem-solving skills, and the ability to work effectively under pressure in a deadline-driven environment.
Excellent communication skills and a collaborative approach to working with Front Office, Technology, and other stakeholder teams.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.