Desk Execution (Derivatives Trading), Singapore
We are currently working with an established trading house who is seeking for a Desk Execution to join the team. In this exciting growth phase of the company, they are looking for a Desk Execution with around 3 - 5 years of experience to value add to the team.
Responsibilities:
- Assist traders to execute all orders placed
- Maintain a log and reconcile before end of day
- Execution of fixing orders including AAs
- Uploading of trades in the system
- Resolving any missing deals
- Following up with traders to fix contracts before FND
- Rolling forward origin position in GT after every roll
- Initiate Repo with the Banks
- Update files with buy backs or sales
- Keep the team abreast on stock movements
- Processing Repo documents and maintaining the database
- Process necessary documentation for accumulators
- Ensure proper records are maintained for OTC trades - accumulators
- M2M preparation and reporting to Risk
- Monitor usage of broker margin lines and direct broker allocation of daily trades
- Coordinate with brokers and middle office to optimize margin lines
Qualifications:
- Around 3-5 years of previous experience in operations/execution required
- Experience in commodities product will be a plus
- Open to working for flexible working hours till late night (starting time will be adjusted accordingly)
- Strong understanding of the commodities financial market
- Fluent in English
- Strong Microsoft office skills, especially in Excel
- Candidate should already be based in Singapore
Candidates applying for the roles should be meticulous, hardworking, and initiative driven.