Associate / AVP – Equity Derivatives Operations

About StarX Capital Markets

StarX Capital Markets Pte. Ltd., licensed by the Monetary Authority of Singapore (MAS) since 2020, together with its affiliates, offers a comprehensive suite of services including Foreign Exchange Intermediation, Asset Management, Futures Brokerage regulated by the Hong Kong Securities and Futures Commission, and Private Equity Asset Management.

Role Overview

We are expanding our Equity Derivatives business to cater to institutional investors focused on China, Hong Kong, and US equity markets. We seek a proactive Associate / AVP in Equity Derivatives Operations to handle the everyday processes of our evolving Equity Derivatives platform. The role comes with a competitive base salary, performance bonuses, and potential for long-term career advancement.

Key Responsibilities

• Manage all aspects of the trade lifecycle for Equity Total Return Swaps (TRS) and various OTC Equity Derivative products, including trade booking, confirmation, amendments, and lifecycle event handling.
• Ensure accuracy and timeliness in verifying trade economics, financing events, dividend adjustments, and corporate actions.
• Collaborate closely with Front Office teams and external counterparties to resolve trade discrepancies and operational exceptions.
• Oversee daily cash and securities settlement activities related to Equity Derivatives trades, monitoring settlement progress meticulously.
• Conduct thorough daily reconciliations of positions, cash accounts, and trade logs; investigate and address any breaks or discrepancies.
• Generate operational reports and uphold deadlines for settlement completion, operational checks, and exception management procedures.
• Manage client account setups and maintain static data in the trading system following client onboarding and KYC clearance.
• Configure trading system parameters such as settlement instructions, product authorizations, and account configurations per approved onboarding protocols.
• Support User Acceptance Testing (UAT), manage account modifications, and spearhead system enhancements for Equity Derivatives operations.
• Interface effectively with brokers, custodians, clearing agencies, and liquidity providers to guarantee smooth trade processing and settlements.
• Coordinate with internal teams including Front Office, Risk Management, Compliance, and Operations to back daily operations and implement new products.
• Provide operational support across Capital Markets functions to sustain business continuity and streamline processes.
• Engage actively in launching the Equity Derivatives platform, including designing workflows and setting up operational procedures.
• Identify and promote process improvements through automation, efficiency enhancements, and system optimizations.
• Develop and maintain detailed operational procedures, control documents, and internal manuals.

Candidate Requirements

• Possess a bachelor's degree in Finance, Accounting, Economics, Business Administration, Mathematics, or closely related fields.
• Have 3 to 5 years of pertinent experience in Middle Office, Trade Support, Settlement, or Operations within securities firms, prime brokers, or capital markets institutions.
• Prior experience with Equity Total Return Swaps or other Equity Derivatives operations is highly advantageous.
• Strong knowledge of trade lifecycle management, settlement processes, reconciliations, and control mechanisms.
• Proficiency in English is required; Mandarin language skills are preferred.
• Authorized to work in Singapore.

Why Work with StarX?

• Opportunity to contribute to the inception and expansion of StarX's Equity Derivatives platform.
• Collaborate with Front Office, Risk Management, and Senior Leadership in an entrepreneurial and cooperative setting.
• Engage in upcoming product launches and platform growth initiatives.
• Attractive compensation package featuring performance incentives and pathways for career progression.

Application Details

Candidates interested in this role are encouraged to apply directly by submitting their CV. Only candidates shortlisted will be contacted.

Equal Opportunity Statement

StarX is dedicated to providing equal employment opportunities without discrimination based on nationality, race, gender, religion, age, or any protected status.