Global Collateral Operations & Exchange Traded Derivatives Operations (GCO & ETD Ops) are responsible for the exchange of collateral to reduce counterparty credit risk and for the support of post-execution trade clearing and product lifecycle management. Our global team consists of a diverse pool of over 500 individuals spanning 16 cities across 7 countries. We provide front-to back support for a broad range of Clients (hedge funds, market makers, trading firms, advisers and investment banks), Global Market products and businesses including:
• Futures and Options & OTC Cleared (F&O)
• Prime Brokerage (PB)
• Global Wealth & Investment Management (GWIM)
• OTC Bi-lateral Derivatives (OTC)
ETD Operations supports:
• Execution, clearing and allocation of trades and position transfers to the highest quality standards
• Futures and Options position life cycle management including Corporate Action and Credit Event processing, Open Interest reporting and Exercise, Assignment and Deliveries
• Daily Reconciliations and exception resolution, maintaining the integrity of the sub ledger for Listed and OTC Futures and Options product
• Non-Financial Regulatory Reporting to Futures Exchanges and Regulators
• Ensuring compliance with regulatory and industry mandates across 15 Legal Entities
• Production of reports and information required to comply with regulatory requirements and internal control policies
• Researching and resolving problems within the line of business
• Day-to-day analysis, research, and resolution of varied problems
The Team:
The ETD Operations Strategy & Clearing Infrastructure Solutions team drives and facilitates the change agenda for Futures and Options and OTC Cleared Operations. The team works with ETD BAU teams based in Chicago, Charlotte, Chester, London and Singapore, other Operations teams, Front Office partners and Technology to deliver Enterprise and Regulatory change programs, new business ideas and operational excellence improvements ensuring cross product and efficient solutions are delivered with no impact to risk or stability. ETD Operations have embarked on an ambitious program to refresh their end-to-end technology platforms.
Role Description:
• Work with BAU teams to identify and agree user requirements for strategic Cleared Derivatives architecture solutions
• Work with BAU teams to understand impact of Regulatory change and inform design of strategic solutions for implementation
• For funded projects track UAT status including schedules, resourcing, environments, scripts, and results reporting
• Produce high quality program reporting, including capture and maintaining projects in Bank program management tool. Present program status in existing governance routines.
• Provide ad hoc support across Change book of work
Core Skills:
• Experience of having worked on a change initiative with strategic deliverables required
• Confident communicator who can convey complex messages to a wide audience and is adept at negotiating and navigating at all levels across an organization
• Instance credibility across ETD Experience of Exchange Traded Derivatives Execution or Clearing Operations, or previously worked in a supporting BAU process
• Experience of using an Exchange Traded Derivatives clearing platform beneficial but not essential
• Experience in driving process forward independently whilst seeking steer and guidance as and when necessary
• Candidate should be intellectually curious and understand what drives processes
Additional Desired Candidate Qualities:
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
EA License No: 11C4879 / Registration ID : R1218583
Apar Technologies Pte Ltd, Singapore
