6 Months Trade Execution (FX) Executive - Commodities | Central | Up to $5000 #NKA

Location: Marina One

Duration: 6 months

Salary: Up to $5000

Job Responsibilities:

• Trade Confirmation & Settlement: Manage day-to-day operations for the execution, confirmation, and settlement of FX, Derivatives, Options, Overnight Indexed Swaps (OIS), and Interest Rate Swaps.
• Banking & Cash Flow Coordination: Liaise directly with banking partners to monitor real-time cash flows and direct the movement of funds necessary to settle large-scale trade transactions accurately.
• Documentation Management: Prepare, review, and submit underlying trade documentation to banks to facilitate seamless clearing and compliance with FX business transactions.
• Trade Finance Support: Partner closely with traders and corporate treasury to coordinate the issuance of Standby Letters of Credit (SBLC) and oversee transaction payment settlements.
• MIS & Reconciliation: Collaborate with front-office traders to maintain the trade Management Information System (MIS) tracking execution and maturity dates. Coordinate closely with our offshore operations team to resolve daily reconciliation variances.
• Ad-hoc Support: Assist with wider initiatives and perform any other duties as requested within the profile.

Job Requirements:

• Min Diploma or Degree in Finance, Banking, Business, or a related discipline.
• Strong foundational understanding of FX settlements with banks on maturity dates, cash flow settlements, and Interest Rate Hedging.
• 2+ years of relevant mid-office or back-office experience within an FX treasury function at a bank or corporate entity is highly preferred.
• Hands-on experience using SAP treasury or finance modules is a significant advantage.
• A good understanding of commodity trading is an asset. Basic knowledge of letters of credit, including UCP DC rules (UCP 600) and ISBP guidelines, is highly advantageous.

Ally (Kubota Ayako)
CEI Reg. No. R26161457
EA Lic: 99C4599
Recruit Express Pte Ltd