Title: FXMM SPECIALIST (12 mth contract)
My client, a top tier Private bank is looking for a FXMM specialist.
· Monthly salary: SGD 3.8 to 5K (depending on the experience of the candidate)
· Work location: Changi, ONE@Changi City
GENERAL DESCRIPTION
· Back office operations for IRS, FX/FX Options, FX Structures and Money Markets transactions booked and supported out of the Hong Kong and Singapore Booking Centres.
· Conducting daily activities professionally and accurately and ensuring all guidelines/policies are followed to mitigate any errors or losses to maintain operational excellence.
KEY FEATURES OF THE POSITION
Client Management (internal & external)
· Close collaboration with internal partners, external providers and relevant departments on system and workflow improvements.
· Providing prompt, accurate and quality service to internal clients.
Business Management
· Matching of trade confirmations via SWIFT for FX/FXO and MM transactions
· Reconciliation of long form confirmations for FX Structures and IRS
· Authorisation of Interbank MM Deals.
· Processing of IRS trades, pre-termination and reversals of loans and deposits.
· Handling exception queue for FX trades.
· Investigation and resolution of trade discrepancies and cash breaks assigned.
· Participation in process reviews and implement workflow improvements and UAT testing when required.
SKILLS REQUIREMENTS OF THE POSITION
Professional and Technical
· Diploma holder or higher
· Minimum 1 year of FXMM-related banking working experience
· Knowledge on SWIFT messages (MT2,3 and 6 series) is an advantage