Futures Operations Associate

A leading financial institution in Singapore is seeking a Futures Operations Associate to join their Futures Clearing Department. This role offers you the chance to be at the heart of exchange-traded derivatives operations, ensuring seamless trade processing and settlement while maintaining compliance with local regulatory standards.Futures Operations AssociateSalary: Competitive and based on experienceLocation: SingaporeA leading financial institution in Singapore is seeking a Futures Operations Associate to join their Futures Clearing Department. This role offers you the chance to be at the heart of exchange-traded derivatives operations, ensuring seamless trade processing and settlement while maintaining compliance with local regulatory standards. You will thrive in an environment that values collaboration, knowledge-sharing, and continuous improvement, working alongside experienced professionals who are committed to supporting your growth. The organisation is renowned for its inclusive culture, supportive leadership, and commitment to providing flexible working opportunities and ongoing training. If you are looking for a position where your expertise will be valued and your professional development encouraged, this is the ideal opportunity for you.Join a respected financial institution in Singapore with a strong reputation for nurturing talent and fostering a collaborative team environment.Benefit from flexible working arrangements and comprehensive training programmes designed to support your career progression within the futures industry.Work closely with knowledgeable colleagues across trading, risk, compliance, and operations, ensuring you have the support needed to excel in your roleWhat you'll do:As a Futures Operations Associate based in Singapore's Futures Clearing Department, you will play a pivotal role in managing the lifecycle of exchange-traded derivatives transactions. Your day-to-day responsibilities will involve overseeing critical clearing deadlines to ensure trades are processed accurately and on time. You will execute settlement activities with precision while handling contract deliveries such as cash settlements and FX transactions. By performing meticulous reconciliations of trades and positions each day, you will help maintain operational integrity. Your attention to detail will be essential when updating static data within internal systems. Compliance is central to this role; you will ensure all activities meet MAS and SGX regulations. You'll also have the opportunity to contribute ideas for process improvements that drive efficiency across the department. Reporting duties will keep stakeholders informed of key developments while your collaborative approach ensures smooth communication between trading desks, risk teams, compliance officers, and other operational units.Manage clearing deadlines efficiently by ensuring all trades are processed promptly in accordance with regulatory, client, and company requirements.Execute daily settlement activities for exchange-traded derivatives, guaranteeing timely and accurate completion of all trade settlements.Oversee the contract delivery process including cash settlement, FX delivery, and option exercise or assignment to ensure smooth operations.Perform thorough daily reconciliations of trades, positions, and cash flows while investigating and resolving any discrepancies or exceptions that arise.Maintain static data within internal systems such as client account openings or closures, contract setup, and updates to fee or commission rates.Ensure all settlement activities strictly comply with local regulatory requirements, particularly those set by MAS and SGX.Identify opportunities to enhance settlement processes and systems, contributing ideas that increase efficiency and reduce operational risk.Prepare and submit detailed daily, weekly, and monthly reports on settlement activities for both internal stakeholders and external regulators as required.Collaborate closely with trading, risk management, compliance, and other operational teams to guarantee smooth end-to-end processing of trades.What you bring:To excel as a Futures Operations Associate in this esteemed financial institution's Futures Clearing Department in Singapore, you will bring substantial experience gained from roles within the futures industry-particularly those involving clearing & settlements functions. You possess deep familiarity with regulatory frameworks set by MAS and SGX which allows you to navigate complex compliance requirements confidently. Your fluency in both English and Mandarin enables clear communication with diverse stakeholders throughout Greater China. Beyond technical expertise in reconciliation processes or system usage (such as SGX CW2 or ION XTP), your enthusiasm for teamwork stands out; you value collaboration as much as independent initiative. Your proven ability to identify areas for process enhancement demonstrates your commitment to continuous improvement while your interpersonal skills foster trust among colleagues from various departments.Bachelor's degree or above in finance, accounting or a related discipline is required for this position.At least five years' experience in the futures industry covering clearing & settlements, reconciliation processes, regulatory reporting obligations, and client margin control.Familiarity with SGX CW2, ION XTP, and XTP Clearing systems would be highly advantageous but not mandatory.Comprehensive understanding of MAS and SGX regulatory requirements relevant to futures operations is essential.Demonstrated ability to manage complex settlement processes including cash settlement procedures, FX delivery mechanisms, and option exercise/assignment protocols.Enthusiastic attitude combined with motivation to work both independently as well as collaboratively within a team setting.Excellent command of spoken and written English and Chinese is necessary for effective communication with stakeholders across Greater China.Proven track record of identifying process improvement opportunities that enhance efficiency or reduce operational risk within financial services environments.Strong interpersonal skills enabling you to build dependable relationships across multiple departments including trading, risk management, compliance, and operations.What sets this company apart:This organisation stands out due to its unwavering commitment to employee development through generous training opportunities tailored specifically for professionals in financial services. The company fosters an inclusive workplace culture where every team member's contributions are recognised-regardless of background or experience level-and where supportive leadership encourages open communication across all levels. Flexible working arrangements allow employees to balance personal commitments with professional responsibilities effectively. The firm's reputation for dependability extends beyond its client base; it is equally dedicated to creating an environment where staff feel valued and empowered to grow their careers over time. With access to knowledgeable mentors who share insights freely within communal networks of expertise, you can expect ongoing support as you advance within the organisation.What's next:If you are ready to take the next step in your career journey within futures operations at a leading financial institution in Singapore-apply now!Apply today by clicking on the link provided below.Do note that we will only be in touch if your application is shortlisted.Robert Walters (Singapore) Pte LtdROC No.: 199706961E | EA Licence No.: 03C5451EA Registration No.: R1764995 Serena Fernando