Operation Analyst - REPO Clearing

About the role

Eastspring, a global asset manager with Asia at its core, is hiring an Operation Analyst for REPO clearing. The analyst represents Middle Office Operations throughout the Cleared REPO transition, ensuring the proposed solution is operationally practical, well controlled and ready for sustainable day-to-day processing. The role works closely with the project team, Business Analysts, technology teams, service providers and control functions from design through implementation and stabilisation.

Key responsibilities

• Review business requirements, solution designs and deliverables from an operations perspective, challenging them where operational needs are not met
• Analyse current and future state of bilateral and centrally cleared REPO workflows, covering trade capture, matching, affirmation, clearing, settlement, margin, reconciliation, lifecycle events and exceptions
• Identify operational gaps, risks, control weaknesses and manual touchpoints, and define practical remediation and controls
• Validate process ownership, roles, hand-offs, escalation routes, service levels and oversight across internal teams and external providers
• Assess whether workflows are scalable, auditable and fit day-to-day processing, monitoring and exception resolution
• Ensure operational requirements and acceptance criteria are reflected in process designs, control frameworks, implementation plans and readiness assessments
• Develop risk-based operational test scenarios, review UAT results and defects, and confirm material issues are resolved or accepted before go-live
• Own or coordinate SOPs, procedures, workflows, process maps, control checklists, escalation matrices, training materials and handover documentation
• Support implementation, parallel run and post-go-live stabilisation, and give formal Operations sign-off or recommend conditions for it

Required profile

• Degree in Business, Finance or a related discipline
• 3-5 years of financial services back-office experience (asset management desirable)
• Prior experience with fixed income products, repo markets or CCP clearing projects
• Experience in end-to-end trade lifecycle and middle office, especially fixed income and repo
• Knowledge of clearing workflows such as FICC/DTCC clearing mechanics, margin requirements or similar central counterparty conversions
• Familiarity with Asian and global market regulatory practices, clearing houses and market infrastructures
• Fluency in written and spoken English