BNY Mellon
BNY Mellon·2 days ago

Specialist 2, middle office- derivatives

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Location

onsite, Singapore, Singapore

Commitment

Full Time

Level

Middle (2-4 years)

Required skills

Derivatives OperationsTrade Lifecycle ManagementTrade CaptureSettlement ProcessingException ManagementClient ServicingStakeholder ManagementClient OnboardingSystem Integration TestingData ValidationOperational ReadinessProcess ImprovementAutomationRisk ManagementAnalytical Problem-SolvingRegulatory Compliance

Job Description

We are looking for a Specialist 2 to join the Middle Office- Derivatives team based in Singapore.

The Middle Office Derivatives Specialist is responsible for supporting the end-to-end lifecycle management of OTC and Exchange Traded Derivative (ETD) products while delivering a high level of client service. The role serves as a key liaison between clients, investment managers, trading desks, counterparties, and internal teams to ensure efficient operational support and successful onboarding of new business.

Key Responsibilities

  • Manage derivative trade lifecycle events from trade capture through settlement and ongoing lifecycle processing.
  • Monitor and investigate trade, cash, and position exceptions, ensuring timely resolution of breaks and operational issues.
  • Act as a primary point of contact for clients and stakeholders on operational matters, service inquiries, and issue resolution.
  • Support onboarding and transition activities for new clients, portfolios, products, and operating model changes.
  • Coordinate testing activities including system integration testing, data validation, and operational readiness assessments.
  • Participate in client meetings, onboarding workshops, and governance discussions.
  • Contribute to process improvement, automation, and control enhancement initiatives.
  • Ensure adherence to operational controls, risk management standards, and regulatory requirements.

Qualifications

  • Bachelor's degree or equivalent experience in Finance, Business, Accounting, Economics, or related field.
  • 3-5 years’ Experience in Middle Office, Investment Operations, Fund Services, Capital Markets, or Derivatives Operations.
  • Knowledge of OTC and/or ETD products including Interest Rate, FX, Equity, or Credit Derivatives.
  • Strong client servicing and stakeholder management skills.
  • Demonstrated analytical and problem-solving abilities.
  • Excellent communication skills with the ability to interact effectively with clients and senior stakeholders.
  • Ability to manage multiple priorities in a fast-paced, deadline-driven environment.

Preferred Skills

  • Experience supporting client onboarding, migrations, or implementation projects.
  • Knowledge of trade lifecycle management and exception management processes.
  • Familiarity with industry platforms such as Aladdin, Summit, Eagle, DTCC, Markit, or similar systems.
  • Experience working within a global operating model across multiple regions.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom https://www.bny.com/corporate/global/en/about-us/newsroom.html & BNY LinkedIn https://www.linkedin.com/company/bnyglobal/posts/?feedView=all

Here’s a few of our recent awards:

  • America’s Most Innovative Companies, Fortune, 2025
  • World’s Most Admired Companies, Fortune 2025
  • “Most Just Companies”, Just Capital and CNBC, 2025

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Ready to join the team?

Apply now