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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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