Operations Analyst - Settlements (Open for Fresh Graduates)

Role: Operations Analyst - Settlements 

Location: Quezon City 

Employment Type: Permanent

Role Overview:

The role of the settlements operations analyst is to ensure the timely and accurate settlement of cash flows of interest rate derivatives (IRD), Credit Default Swap (CDS) and Total Return Swap (TRS) trades for our client. This involves conducting pre-settlement checks and affirmation of the cash flows with counterparties, with the intent to identify and resolve any issues that may prevent timely and accurate settlement.  

The settlements function also serves as a layer of control where booking issues such as incorrect economics (wrong direction, currency, index, notional, counterparty, etc.) are detected, escalated, and resolved. To this end, the operations analyst is expected to ensure the timely settlement of the cash flow and at the same time identify these risks, fully observing the procedures and policies of the function.  

This role reports into the settlements manager, with supervisory responsibilities shared by the senior operations analysts.  

Core Responsibilities:

• Affirming IRD cash flows with counterparties and performing all pre-settlement checks (SSI’s, booking, etc.), and settling cash flows accurately.

• Timely identification and escalation of issues that may delay the settlement of cash flows and create exceptions. 

• Addressing all requests received from our internal and external clients in a timely manner  

• Adhering to all policies and procedures.

• Supporting the control initiatives and programs of the Control, Compliance, and Management team. 

• Some investigations work may be required