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BNY

Specialist 2, Middle Office- Derivatives

SGSalary not listedPosted 2 days ago

Job description

We are looking for a Specialist 2 to join the Middle Office- Derivatives team based in Singapore.

The Middle Office Derivatives Specialist is responsible for supporting the end-to-end lifecycle management of OTC and Exchange Traded Derivative (ETD) products while delivering a high level of client service. The role serves as a key liaison between clients, investment managers, trading desks, counterparties, and internal teams to ensure efficient operational support and successful onboarding of new business.

Key Responsibilities

  • Manage derivative trade lifecycle events from trade capture through settlement and ongoing lifecycle processing.
  • Monitor and investigate trade, cash, and position exceptions, ensuring timely resolution of breaks and operational issues.
  • Act as a primary point of contact for clients and stakeholders on operational matters, service inquiries, and issue resolution.
  • Support onboarding and transition activities for new clients, portfolios, products, and operating model changes.
  • Coordinate testing activities including system integration testing, data validation, and operational readiness assessments.
  • Participate in client meetings, onboarding workshops, and governance discussions.
  • Contribute to process improvement, automation, and control enhancement initiatives.
  • Ensure adherence to operational controls, risk management standards, and regulatory requirements.

Qualifications

  • Bachelor's degree or equivalent experience in Finance, Business, Accounting, Economics, or related field.
  • 3-5 years’ Experience in Middle Office, Investment Operations, Fund Services, Capital Markets, or Derivatives Operations.
  • Knowledge of OTC and/or ETD products including Interest Rate, FX, Equity, or Credit Derivatives.
  • Strong client servicing and stakeholder management skills.
  • Demonstrated analytical and problem-solving abilities.
  • Excellent communication skills with the ability to interact effectively with clients and senior stakeholders.
  • Ability to manage multiple priorities in a fast-paced, deadline-driven environment.

Preferred Skills

  • Experience supporting client onboarding, migrations, or implementation projects.
  • Knowledge of trade lifecycle management and exception management processes.
  • Familiarity with industry platforms such as Aladdin, Summit, Eagle, DTCC, Markit, or similar systems.
  • Experience working within a global operating model across multiple regions.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.