Manager, Operations and Clearing Services, Listed Derivatives

Job Purpose:

Oversee the core operational tasks of department and support Head of Clearing Services for the management of department in order to achieve operational effectiveness as well as providing quality clearing services to foster excellent client relationship.

Job Responsibilities:

Clearing & Settlement Management

1. Oversee and ensure all positions transfer, give up, give in, match out and allocation are completed.
2. Oversee and ensure spot month contracts for physical delivery products are closely monitored.
3. Oversee and ensure all payments and deposits are accounted for accordingly.
4. Daily reconciliation to ensure Clearing House & Segregated Account are in order.
5. Monitoring clients' transactions for AML/CFT.
6. Oversee, monitor and control the movements of funds to ensure sufficient fund for settlement.
7. Oversee and review client onboarding process.

Credit Management

1. To conduct credit evaluation independently & approve limits accordingly to KF AA.
2. Oversee and monitor Credit functions on clients’ position/exposure limit and margin call status.
3. Oversee and monitor the company’s exposure to clients or counterparty.

Maintenance of Internal Policy & Procedures, Guidelines and Operational Requirement

1. Ensure clear policies and procedures are in place.
2. Ensure Operational processes are in compliance with the established policies and procedures.
3. Review on the policies and procedures at least once a year.

Client Management and FBR Management

1. Establish and maintain close rapport with FBR/Institutional clients in relation to clearing & settlement matter.
2. Provide efficient and timely operational support to all FBR and clients.

Staff Development and Engagement

1. Monitor staff development plan, staff discipline and performance matters.
2. Provide coaching and mentoring to direct reports subordinates.

Project Management

1. Drive and manage the project.
2. Ensure timely delivery of the project.

Qualifications:

• Degree holder in any related disciplines
• Minimum 5 years working experience in futures or similar business operations