Senior Operations Executive (FX Derivative)

About Us

M-DAQ Global is a pioneering fintech group specialising in foreign exchange (FX) & payment solutions that facilitate seamless cross-border transactions for businesses worldwide. Our proprietary technology empowers both large enterprises and SMEs to navigate international trade with FX clarity, certainty, and payment mobility.

Headquartered in Singapore with an expanding presence across 7 countries and territories, M-DAQ Global provides a comprehensive suite of FX, collections, and payment solutions, as well as value-added services such as AI-driven KYB onboarding and enhanced risk management solutions, enabling businesses to transact across borders with ease amidst evolving needs.

For more information, please visit: www.m-daq.com.

Key Responsibilities

Process support across a range of activities in FX Derivative Operations:

• Collateral Management:
• Oversee the management of collateral for FX derivative trades, ensuring compliance with internal policies.
• Monitor collateral levels and ensure that necessary collateral from clients is received or returned as required.
• Coordinate with internal teams to address any collateral-related issues with clients.
• Trade Confirmation Monitoring:
• Facilitate timely and accurate confirmation of FX derivative trades.
• Monitor and follow up with clients to ensure the prompt execution of trade confirmations.
• Collaborate closely with internal teams and clients to resolve any discrepancies related to trade confirmations.
• Settlements:
• Manage the settlement process for FX derivatives, ensuring timely and accurate payment and receipt of funds.
• Liaise with clients or liquidity providers to address and resolve any settlement discrepancies.
• Monitor liquidity needs to support transactions and ensure sufficient funds across bank accounts to facilitate transaction flows.
• Credit Administration:
• Support the credit risk management process.
• Monitor client exposure and escalate any potential breaches in credit limit.
• Ensure accurate maintenance of credit limits within the credit limit system.

Other responsibilities:

• Assist in the development and maintenance of operational procedures and guidelines.
• Other duties and responsibilities as assigned by manager

Requirement

• Bachelor’s degree or equivalent qualification.
• At least 3-5 years of experience in FX derivatives operations or a similar role.
• Strong understanding of FX derivative products, including swaps, forwards, and options.
• Knowledge of collateral management, trade confirmation, settlement processes or industry best practices is preferred.
• Excellent analytical and problem-solving skills, with attention to detail.
• Good communication and interpersonal skills, with the ability to work under pressure in a fast-paced environment.
• Ability to work independently and as part of a team.

Why Us?

• Make a positive impact to the world’s economy by creating a World without Currency Borders
• Team Innovation Mindset, People-Oriented
• Challenging environment, offering great opportunities to learn and grow
• Creative and Innovative Workplace
• We offer competitive remuneration, including employee stock options and employee benefits

About Us

M-DAQ Global is a pioneering fintech group specialising in foreign exchange (FX) & payment solutions that facilitate seamless cross-border transactions for businesses worldwide. Our proprietary technology empowers both large enterprises and SMEs to navigate international trade with FX clarity, certainty, and payment mobility.

Headquartered in Singapore with an expanding presence across 7 countries and territories, M-DAQ Global provides a comprehensive suite of FX, collections, and payment solutions, as well as value-added services such as AI-driven KYB onboarding and enhanced risk management solutions, enabling businesses to transact across borders with ease amidst evolving needs.

For more information, please visit: www.m-daq.com.

Key Responsibilities

Process support across a range of activities in FX Derivative Operations:

• Collateral Management:
• Oversee the management of collateral for FX derivative trades, ensuring compliance with internal policies.
• Monitor collateral levels and ensure that necessary collateral from clients is received or returned as required.
• Coordinate with internal teams to address any collateral-related issues with clients.
• Trade Confirmation Monitoring:
• Facilitate timely and accurate confirmation of FX derivative trades.
• Monitor and follow up with clients to ensure the prompt execution of trade confirmations.
• Collaborate closely with internal teams and clients to resolve any discrepancies related to trade confirmations.
• Settlements:
• Manage the settlement process for FX derivatives, ensuring timely and accurate payment and receipt of funds.
• Liaise with clients or liquidity providers to address and resolve any settlement discrepancies.
• Monitor liquidity needs to support transactions and ensure sufficient funds across bank accounts to facilitate transaction flows.
• Credit Administration:
• Support the credit risk management process.
• Monitor client exposure and escalate any potential breaches in credit limit.
• Ensure accurate maintenance of credit limits within the credit limit system.

Other responsibilities:

• Assist in the development and maintenance of operational procedures and guidelines.
• Other duties and responsibilities as assigned by manager

Requirement

• Bachelor’s degree or equivalent qualification.
• At least 3-5 years of experience in FX derivatives operations or a similar role.
• Strong understanding of FX derivative products, including swaps, forwards, and options.
• Knowledge of collateral management, trade confirmation, settlement processes or industry best practices is preferred.
• Excellent analytical and problem-solving skills, with attention to detail.
• Good communication and interpersonal skills, with the ability to work under pressure in a fast-paced environment.
• Ability to work independently and as part of a team.

Why Us?

• Make a positive impact to the world’s economy by creating a World without Currency Borders™
• Team Innovation Mindset, People-Oriented
• Challenging environment, offering great opportunities to learn and grow
• Creative and Innovative Workplace
• We offer competitive remuneration, including employee stock options and employee benefits