VP, Futures & Collateral Management Operations

  • Attractive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • GIC Private Limited
  • 24 Apr 18 2018-04-24

Investment Services Public Markets (ISPM), is an integrated team that provides investment service support for public market investment activities strategically and tactically. The team is responsible for business management functions for all public market investment strategy groups, as well as GIC’s global trade operations, custody control and asset servicing such as income entitlements, mergers and acquisitions and other corporate events of our underlying investments, futures and derivative operations, collateral management, pricing and rates, market data and rebalancing operations. The coverage extends across a spectrum of products such as equities, bonds, money market, foreign exchange, futures, collateralized securities and other derivatives.

Responsibilities

•Day to day management of the BAU collateral management operations team
•The calculation, issuance, agreement and settlement of margin calls
•Continued life-cycle management of collateral holdings, including interest accruals and settlements
•Management and monitoring of exceptions to ensure complete integrity of the full collateral management process
•The performance of portfolio reconciliations in the event of disputes, and the subsequent cross-organisational coordination required to ensure resolution
•Prompt and clear escalation while ensuring transparency of issues and current status of the collateral process
•Participate and lead both firm wide and industry initiatives driven by regulatory change for implementation in the area of collateral management
•Involvement in new business analysis and preparation
•Consistently strive to further develop the department’s control framework and risk management practices and technology
•Understanding of the cost associated with optimisation of any outflow, based on the eligibility criteria

 

Requirements
•University degree holder
•Minimum of 7 years experience within Collateral Operations across multiple asset classes under CSA, GMRA, GMSLA, MRA, MSFTA & F & O agreements
•Understanding of the current regulatory framework and impact to collateral operations in both cleared and F & O space
•Knowledge of OTC Derivatives, FX, F & O, Repo, commodities and TBA trade lifecycle
•Knowledge of Acadiasoft, Intellimatch, 4sight and TriOptima
•Highly motivated, energetic and confident team player
•Strong people management skills, with the ability to develop and grow a team
•Strong communication skills. Essential for interacting at all levels, across business and disciplines
•Willingness to learn and take ownership of completing tasks
•Ability to multi task and handle large volumes of work at a fast pace
•Proactive in looking for ways to improve processes and controls
•Works well under pressure to meet deadlines / strong time management skills
•High level of numeracy and attention to detail