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