
Specialist 2, Middle Office- Derivatives
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.