Assistant/Deputy Manager, Operations - Trade Processing

Assistant/Deputy Manager, Operations - Trade Processing

AIA Group
Not Specified
Not Specified

Job Description

Bring your career aspirations to life with AIA!This position plays an important role in supporting and overseeing the day-to-day activities of the Derivatives Business Management (DBM) in AIAIM.
  • Trade matching with counterparty and/or clearing agents confirmation.
  • Issue settlement instructions to custodians
  • Confirm trade in Bloomberg AIM and downstream flow to BP2S
  • Follow up any exception or dispute escalated from BP2S and liaise with BP2S & Traders to resolve trade capture, confirmation and settlement issues
  • Send long form confirmation to Legal for review, return signed confirmations to counterparties
  • Upload confirmation into derivatives Sharepoint
  • Reconcile cash lifecycle in Bloomberg AIM vs confirmed cash provided by BP2S
  • Ensure trade booking and maintain life cycle of EFM derivatives products in Bloomberg AIM
  • On monthly basis, confirm list of eligible collaterals as advised by portfolio managers and communicate list to BP2S
  • Block position in Bloomberg AIM for the list of eligible collaterals
    • Preparation of adhoc transfer form to GFS for securities posted as collaterals
    • Liaise with BP2S and portfolio managers to resolve margin / collateral posting issues
    • Review collateral holdings report sent by BP2S
    • Perform daily position reconciliation on collateral pool securities
    • Construct coupon payments to EFM
    • Process Security lending and collateral swaps to increase bonds in the collateral pools
    • Support the movement of bonds to collateral pool from EFM & AIA portfolios
  • Implementing and applying (i) the onboarding framework, (ii) operation readiness process and (iii) post-implementation review process for each new derivatives instrument
  • Establish and maintain the playbook for all derivative instruments
  • Quality assurance of front to back BAU derivatives processes
  • UAT testing on new derivatives instruments
  • Coordinate the onboarding of new counterparties or new accounts with BP2S & clearing agents
  • Process necessary setup in Bloomberg system of AIAIM
  • Facilitate the necessary setup in IBOR and SAP FAM systems owned by the Client

Job Details

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About AIA Group

For more than a century, AIA has strived to make a significant, positive impact for our customers and communities across Asia, reinforced by our Purpose : to help millions of people live Healthier, Longer, Better Lives . Our Purpose guides the decisions we make and the actions we take as an organisation - empowering and enabling people to understand and manage their health, while meeting their long-term savings and protection needs. We believe that helping to create a healthier Asia is one of the most important and valuable things we can do for our communities, today and in the future.

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