Equity Derivatives Operations Analyst

About the role

Fuku is hiring a full-time Equity Derivatives Operations Analyst in Singapore. The role serves Wealth Management clients and supports the Dealing Desk and Front Office Relationship teams by ensuring timely and accurate processing of settlement, confirmations and life-cycle management of Equity/OTC derivatives transactions.

Key responsibilities

• Process equity, bond, index, listed, exotic options and interest rate swap derivatives.
• Match, sort and verify trade confirmations against traders' daily reports and blotters, and follow up on discrepancies with the advisory desk, counterparty and front office.
• Monitor and process periodic fixing events, including settlements from exercised or knocked-out options and periodic interest payments.
• Create SWIFT payments and follow up on nostro and securities reconciliation breaks.
• Monitor short-sell securities positions and update daily control reports for failed or late trades and missing confirmations.
• Obtain management approval for special waivers and maintain the waiver file.
• Maintain internal master records for new trades, exercises, knock-outs and expiries, and track receipt and acknowledgment of counterparty confirmations.
• Respond to queries from the front office, advisory desk and counterparties, check long-form confirmations and prepare manual confirmations and client advice.
• Monitor daily margins for listed options to ensure sufficient funds at the custodian level.
• Take part in user acceptance testing and ad-hoc projects.

Required profile

• Degree in Business or Finance.
• One year of experience in a back office or support role is preferred; open to fresh graduates with intermediate competency.
• Ability to collaborate with team members and stakeholders, strong attention to detail and a client-focused approach.
• Adaptable to changes in processes and requirements.

Required skills

• Intermediate Excel VBA macro scripting and use of Excel data tools to automate tasks.