Derivatives Operations Specialist

Simcorp


Date: 5 days ago
City: Manila
Contract type: Full time
Who We Are: For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients Why is this role important to us: The Derivatives Operations Specialist will be essential in supporting the end-to-end lifecycle of derivatives within the Investment Operations function. Reporting to the Head of Derivatives Operations, this role is responsible for ensuring the accurate and efficient processing of derivatives transactions across multiple asset classes. The ideal candidate will have a solid background in derivatives operations, keen attention to detail, and an emphasis on operational excellence What you will be responsible for: Responsibilities: Operational Execution:
  • Support the accurate processing and lifecycle management of OTC and listed derivatives, including trade capture, confirmation, settlement, margining, and collateral management.
  • Ensure timely resolution of trade breaks, reconciliations, and discrepancies in collaboration with internal and external stakeholders.
  • Monitor and manage daily workflows, ensuring adherence to deadlines and operational risk controls.
Process Improvement and Efficiency:
  • Identify opportunities to enhance processes, reduce manual intervention, and improve operational efficiency.
  • Collaborate with the Head of Derivatives Operations and technology teams to implement automation initiatives and system enhancements.
  • Develop and maintain documentation for processes, workflows, and controls to ensure consistency and transparency.
Stakeholder Collaboration:
  • Work closely with front office, risk management, compliance, and other teams to support trade execution and ensure timely and accurate trade lifecycle processing.
  • Liaise with external counterparties, including clearing brokers, custodians, and service providers, to resolve operational issues and ensure service quality.
  • Support communication with internal stakeholders on operational performance, exceptions, and risks.
Risk Management and Compliance:
  • Adhere to regulatory and internal policies, ensuring compliance with frameworks such as EMIR, Dodd-Frank, and MiFID II.
  • Monitor key risk indicators and support the implementation of controls to mitigate operational risks.
  • Assist in preparing for audits, regulatory reviews, and stress testing exercises.
Team Support and Development:
  • Contribute to a collaborative and effective team culture by sharing knowledge, supporting peers, and participating in training initiatives.
  • Provide input on team development and operational priorities, ensuring the alignment of day-to-day tasks with strategic goals.
What we value:
  • Targeting candidates with 3–7 years of experience in derivatives operations, especially within asset management, hedge funds, or investment banking.
  • Solid knowledge of derivative products (e.g., swaps, options, futures, forwards) across asset classes such as equity, fixed income, commodities, and FX.
  • Familiarity with trade lifecycle processes, including trade capture, margining, collateral management, and settlement.
  • Proficiency in industry-standard platforms (e.g., Calypso, Murex, MarkitWire) and understanding of automation tools (e.g., Excel VBA, Python, or RPA solutions).
  • Solid understanding of regulatory requirements (e.g., EMIR, Dodd-Frank, MiFID II) and operational risk controls.
Qualifications:
  • Bachelor’s degree in Finance, Business, or a related field.
  • Solid analytical and problem-solving skills, with attention to detail and a proactive approach to issue resolution.
  • Solid communication and interpersonal skills, with the ability to work well in a team-oriented environment.
  • Ability to prioritize workload and meet deadlines in a fast-paced environment.
Benefits: SimCorp offers several benefits that might play a significant factor in considering whether to accept a job offer. Since we operate in 30+ offices worldwide, the benefits package may vary from country to country Take advantage of this section and indicate the most-valued benefits for candidates, considering training and certification, as well as benefits that can improve a candidate's work-life balance, such as flexible hours, vacation time, work-from-home options, etc. Please note that this may not be possible for multiple location postings due to the difference in benefits Next steps: Please send us your application in English via our career site as soon as possible, we process incoming applications continually. Please note that only applications sent through our system will be processed. At SimCorp, we recognize that bias can unintentionally occur in the recruitment process. To uphold fairness and equal opportunities for all applicants, we kindly ask you to exclude personal data such as photo, age, or any non-professional information from your application. Thank you for aiding us in our endeavor to mitigate biases in our recruitment process If you are interested in being a part of SimCorp but are not sure this role is suitable, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to assist you discover the right role for you. The approximate time to consider your CV is three weeks We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated #Li-Hybrid **SimCorp proudly announces the official certification of its Manila Delivery Center as a Great Place To Work, a remarkable achievement within just two and a half years of operations. This certification, which was acquired in November 2023, underscores SimCorp's effort to nurturing a workplace that is not only inclusive and collaborative but also committed to the personal and professional growth of its employees **We are also honored to have been voted as a WealthTech100 company for three consecutive years. The new WealthTech100 list aims to highlight tech innovation leaders in the investment management industry.**

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