Operations Analyst - Settlements

Role:  Operations Analyst - Settlements 

Location: Kuala Lumpur (Hybrid)

Employment Type: Permanent

Role Overview:

The role of the settlements operations analyst is to ensure the timely and accurate settlement of cash flows of FX Options (FXO), PM Options (PMO), Interest Rate Derivatives (IRD), Credit Default Swap (CDS) and Total Return Swap (TRS) trades for our client. This involves conducting pre-settlement controls and affirmation of the cash flows with counterparties, to identify and resolve any issues that may prevent timely and accurate settlement.  

The settlements function also serves as a layer of control where booking issues such as incorrect economics (wrong direction, currency, index, notional, counterparty, etc.) are detected, escalated, and resolved. To this end, the operations analyst is expected to ensure timely detection and resolution of these risks, while fully observing the procedures and policies of the function.   

This role reports into the settlements manager, with supervisory responsibilities shared by the senior operations analysts.  

Core Responsibilities:

• Affirmation of cash flows with counterparties and performing all pre-settlement checks (trade economic details, standard settlement instructions, etc.), and execution of the cash flows accurately.

• Timely identification and escalation of issues that may delay the settlement of cash flows and create exceptions. 

• Addressing all requests received from our internal and external clients in a timely manner  

• Adhering to all policies and procedures.

• Supporting the control initiatives and programs of the Control, Compliance, and Management team. 

• Investigation and resolution of settlements exceptions

Skills and Experience Required

Knowledge 

• Trade Life cycle – booking, resets, fixing advices, settlements, funding, reconciliations.

• Calculation/verification of interest cashflows.

• Prior Swift messaging knowledge/understanding is beneficial (MT103, MT199, MT202, MT202COV, MT299, MT101). 

• (Standard) Settlements Instructions.

• Currency cut-offs and regulations.

• Understanding of confirmation documents – electronic and paper.

• Familiarity with ISDA definitions.

• Familiarity with market standards related to settlements.

• Cash management and funding requirements.

• Understanding of accounting workflow (Nostro and Suspense) beneficial.

• Business communication (verbal and written)

• MS Office suite, especially Excel.

• Financial markets – general principles and products of the markets.

Experience 

• At least 2 treasury operations and settlements experience preferred.

• Payments, reconciliations and/or cash management experience

• High pressure operations environment. 

• Ability to maintain focus while working within a dynamic, high-volume environment

• Prior Murex/Calypso/Summit knowledge beneficial 

• Prior supervisory experience preferred. 

Qualifications 

• Business, Management, Finance and Accounting graduates or equivalent preferred.

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

This is a permanent, full-time position located in Manila As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role, a valid working permit for Philippines is mandatory.

Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients' offices or our own offices depending on the client) aligns to what our clients' policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.

Who We Are:

Delta Capita Group is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.