Associate/AVP, Derivatives Operations

at  GIC Investment

Location:Singapore, SG
Job Function: Investment Services Public Markets
Job Type: Permanent
Req ID: 15903
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

WHAT IMPACT CAN YOU MAKE IN THIS ROLE?

You will be part of a team that is an integrated investment service team that partners the business in providing services to support public markets investment.

WHAT WILL YOU DO AS A DERIVATIVES OPERATIONS ASSOCIATE/ AVP?

Support the Business in Trading Activities of Derivatives Asset Classes:

• Trade processing for various derivatives instruments
• Asset servicing for OTC and Exchange-traded derivatives.
• Ensure prompt receipt and matching of trade confirmations
• Ensure timely settlement for all trades across global markets, ensuring sufficient funding and adherence to both internal and custodian banks’ cut-off times

Operational Coordination and Service Level Management:

• Collaborate with external counterparties, brokers, and service providers to resolve operational issues and assess their service levels, ensuring all services meet the required standards
• Engage with external vendors (brokers, counterparties, clearers, custodian banks, industry groups) to stay informed about market developments

New Product and Market Implementation:

• Assess and implement new products and markets for investment by portfolio managers

System and Process Enhancements:

• Participate in User Acceptance Testing (UAT) for system enhancements and continuous process improvements
• Engage in cross-team projects to foster collaboration
• Drive process improvements to enhance productivity and quality; design and integrate solutions into existing processes
• Utilize technological and automation tools, combined with a strong understanding of business needs, to streamline work processes

WHAT QUALIFICATIONS OR SKILLS SHOULD YOU POSSESS IN THIS ROLE?

• Bachelor’s degree or higher
• Minimum of 2 years in Investment Operations, preferably with a focus on Derivatives
• Strong drive to deliver excellent work, with attention to detail, creativity, and meticulousness
• Strong analytical abilities, excellent communication, and collaborative skills
• Stay updated with industry developments, resourceful, and able to work effectively under pressure to meet tight deadlines and manage multiple priorities
• Good team player who collaborates well with internal and external counterparts, self-motivated, and thrives in a dynamic environment
• Experience interacting with investment professionals and traders is a plus, but not required
• Knowledge of macros, SQL, Tableau, Power Automate and Python is advantageous