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Associate/AVP, Futures & Collateral Management

Location: 

Singapore, SG

Job Function:  Investment Services
Job Type:  Permanent
Req ID:  9241

 

Investment Services Public Markets

 

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.

 

Futures & Collateral Management is part of our Margin, Collateral and Valuations Operations group sitting within ISPM. A multi-faceted and cross product function, the primary objective of the division is the mitigation of counterparty credit risk through the active monitoring of derivative and securities financing portfolios.

 

We are looking for a suitable candidate to join the Futures & Collateral Management team as an Associate/AVP.

 

Responsibilities 

 

  • Calculation, issuance, agreement and settlement of margin calls covering cleared margin, CSA (include UMR), GMSLA, MFSTA in both bilateral and triparty settings
  • Continued life-cycle management of collateral holdings, including interest accruals, substitution etc
  • Performance of portfolio reconciliations cum dispute resolution via cross-functional partnership with business units, middle office, valuation teams and risk teams  
  • Partner with the business unit and trading desk in the implementation of robust collateral optimization on both pre and post trade basis
  • Management and monitoring of exceptions to ensure complete integrity and robustness of the full collateral management process
  • Assessment for implementation of new products and markets for investment by portfolio managers
  • Work with brokers, clearers, triparty agent & custodian banks system vendors to resolve operational issues, and be able to assess their service levels. Ensure service level is met for all services.
  • Work with external vendors (brokers, counterparties, clearers, custodian banks, industry groups) to keep track of market developments.
  • Drive process improvements for productivity and quality enhancements; design solutions to integrate into processes.

 

Requirements 

 

  • Degree in Accountancy, Business or Finance
  • At least 2 years of experience in collateral or clearing operations, payments or other relevant operations experience
  • Willingness to learn and take ownership for completing tasks
  • Drive to deliver excellent work, an eye for details, a creative bent and a meticulous nature
  • Strong analytical abilities, and excellent communications and collaborative skills
  • A good team player, self-motivated and enjoys working in a dynamic environment
  • Knowledge of macros, SQL, Tableau, python would be an advantage.

Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.