Futures Operations Associate - Futures Clearing
Responsibilities for the Futures Operations Officer - Futures Clearing:
- Manage daily clearing deadlines and ensure timely processing of exchange‑traded derivatives trades in line with regulatory, client, and internal requirements
- Execute daily settlement activities, including cash settlement, FX delivery, and options exercise and assignment
- Perform daily reconciliations of trades, positions, margins, and cash balances, investigating and resolving discrepancies promptly
- Support client margin processes and ensure accurate margin monitoring and reporting
- Maintain and update static data within internal systems, including client account openings and closures, contract setup, and fee or commission updates
- Ensure all clearing and settlement activities comply with MAS and SGX regulatory requirements
- Prepare and submit daily, weekly, and monthly operational and regulatory reports to internal stakeholders and external parties where required
- Work closely with trading, risk, compliance, and other operations teams to ensure smooth end‑to‑end post‑trade processing
- Identify opportunities to improve operational processes, controls, and systems to enhance efficiency and reduce operational risk
Requirements for the Futures Operations Officer - Futures Clearing:
- Bachelor's degree in Finance, Accounting, or a related discipline
- Approximately 5-8 years of relevant experience in futures or derivatives operations
- Hands‑on experience in clearing, settlements, reconciliations, and margin processes is required
- Strong understanding of MAS and SGX regulatory requirements
- Prior experience with SGX clearing systems such as CW2, ION XTP, or XTP Clearing is preferred
- Background in a sell‑side environment such as a futures broker, clearing member, or investment bank
- Detail‑oriented, disciplined, and comfortable working in a deadline‑driven, regulated environment
- Able to operate independently while working effectively within a lean team
- Strong communication skills in English; proficiency in Chinese is preferred to support Greater China stakeholders
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.