Back Office - Listed Derivatives, Clearing, Reconciliations - APAC/EMEA

Position Type

Full time

Type Of Hire

Experienced (relevant combo of work and education)

Clearing and Trade life cycle Mgmt (Analyst, Senior Analyst)

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you~ Are you FIS?

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Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About The Team

The primary function of the role will be to perform and ensure timely trade clearing as per exchange deadline and accuracy in lifecycle event processing as per the agreed SLA’s.

This job role requires key attention to detail, good understanding of Top day Clearing function, Listed Derivatives product understanding, Lifecycle events on Futures and Options, CCPs break investigation and provide resolutions in a timely manner.

What You Will Be Doing

Manage the delivery of the daily Clearing activities as per the Service Level Agreements (SLAs)Ensure top day trade clearing and trade allocations for global exchanges are performed within the exchange deadlinesLifecycle event processing like Expiries, Average pricing, corporate actionEnsure daily regulatory reporting are submitted on timely basis to exchange and any breaks are resolved prior to submissionLead and participate in projects with regards to systemic upgrades, regulatory change, client mandated changeIdentify, resolve and escalate issues in a timely manner to meet the required service standardsChange Management/process improvementsProactively identify areas for performance and control improvementsConstantly analyze productivity/output to identify potential enhancements or cost savingsArticulate business cases to management/change/IT to execute and deliver on suggested improvementsGuide/encourage team to propose solutions and take ownership of changesClient ServiceBuild strong relationships with all stakeholders (retained team/management/business)Co-ordinate timely response and resolution of all queriesEnsure accuracy and clarity in all deliverables to stakeholdersProvide constant feedback to stakeholders to improve our service offeringProvide an effective link between industry platform providers and the participant firm in terms of knowledge transfer and decision makingRisk ManagementMonitor controls and checks associated with tasks in SOPs. Document these change in timely mannerConstantly analyze all activities to close potential risks, gaps and implement preventative/detective controlsEnsure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue Business/Industry landscape awarenessKeep abreast of all industry changes/advancements especially with regards to the development of industry tools and regulationsAwareness and communication of impact to utility management – generate action plans to develop positive outcomes/mitigate negative outcomes from changesUnderstand business risks/impact and escalate to management where necessary

What You Bring

Minimum of 3 -10+ years of work experience in Futures and Options trade clearing functionGood understanding of street wide system like GMIGood knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etcFront to back understanding of the Clearing function, upstream dependencies and how it impacts processes downstream around reconciliation, margin and brokerage, so that complex queries can be addressed accurately and in a timely mannerDetailed understanding of exchange traded derivatives (Futures & Option and OTC products)High attention to detail and quality of outputs deliveredAnalytical and can solve problems quickly and innovativelyDynamic outlook, with the ability to adapt and change plans on the flyDelivery focused; results drivenExcellent communication and time managementStrong client service focus

Qualifications

MBA Degree or equivalent

Competencies

Skill in project management, organization, communications, analytical and people skillsSkill in leading, supervising and managing effectively under pressureAbility to be comfortable interacting and maintain positive working relationship with other stakeholdersAbility to analyze business needs and determine related information services supportAbility to manage activities and problem areasAbility to delegate tasks to qualified subordinates as appropriateAbility to lead, direct and manage effectivelyAbility to operate independentlyAbility to exhibit solid decision-making and problem-solving skillsAbility to communicate effectively verbally and in writingAbility to build strategic roadmap for the function and further expansion of scope of functionsAbility to contribute towards budget saving automation ideasAbility to meet conflicting priorities by ensuring effective prioritization and meeting the business demands

Added Bonus If You Have

Experience dealing with large financial services clientsExperience in Front Office Execution desk processes for ETD & OTC DerivativesExperience in Position & Cash Reconciliation for ETD & OTC DerivativesKnowledge of Front to Back Trade & Cash Settlement flows

What We Offer You

A multifaceted job with a high degree of responsibility and a broad spectrum of opportunitiesA broad range of professional education and personal development possibilities – FIS is your final career step!A competitive salary and benefitsA variety of career development tools, resources and opportunities

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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