Head of Derivatives - Singapore
关于此职位
The Head of Derivatives will be responsible for establishing and running the exchange-traded derivatives platform within Syfe's brokerage business. This is a senior, hands-on role for a seasoned practitioner with deep, direct experience in exchange-traded derivatives (ETDs) and the margin frameworks that underpin them. The ideal candidate combines individual technical ownership with the ability to guide and uplift others. A deep understanding of MAS regulatory requirements is essential. The candidate must be an appointed representative, authorised to deal in capital markets products in compliance with MAS (Monetary Authority of Singapore) regulations.
职位职责
Strategic Leadership: Develop and implement the strategic vision for Syfe's derivatives business, aligning with overall company goals.
Regulatory Compliance: Ensure full compliance with MAS regulations and maintain the company's status as a licensed entity authorised to deal in capital markets products.
Margin Framework & Setup: Establish and maintain the platform's margin infrastructure, including initial and maintenance margin methodologies, margin calculation and monitoring systems, house margin policies relative to exchange and clearing house requirements, and margin call, liquidation, and default management processes. Ensure margin practices align with MAS requirements and relevant exchange and clearing house rules.
Operational Management: Run the day-to-day operations of the derivatives desk, including trading activities, margin and collateral management, risk management, and client services.
Product Development: Expand the range of derivatives products offered, staying ahead of market trends and client needs.
Risk Management: Implement robust risk management frameworks to monitor and mitigate trading and margin-related risks, including exposure limits, stress testing, and counterparty and concentration risk controls.
Cross-Functional Collaboration: Work closely with Compliance, Legal, IT, and Marketing to ensure seamless operations, and mentor and upskill colleagues on ETD and margin practices.
Client Relations: Build and maintain strong relationships with key clients, partners, clearing houses, and regulatory bodies.
职位要求
Experience: Minimum of 10 years of relevant experience in dealing with capital markets products, with at least 5 years working directly with exchange-traded derivatives (ETDs) and margin frameworks, including hands-on experience with margin setup, methodologies, and operational processes.
Regulatory Accreditation: Must be an appointed representative authorised to deal in capital markets products as per MAS requirements.
Education: Bachelor's degree in Finance, Economics, Business Administration, or a related field. A master's degree or professional certifications (e.g., CFA, FRM) are advantageous.
Market Knowledge: Deep understanding of derivatives markets, trading strategies, and financial instruments.
Margin Expertise: Strong working knowledge of margin rules, methodologies, and setup, including exchange and clearing house margin requirements, margin models, and the operational processes for margin, collateral management, and default handling.
Regulatory Insight: Comprehensive knowledge of MAS regulations and compliance requirements.
Strategic Thinking: Strong analytical and strategic planning skills with a track record of driving business growth.
Communication Skills: Excellent verbal and written communication skills, with the ability to interact effectively with stakeholders at all levels.
Technological Proficiency: Familiarity with trading platforms, margin and risk management systems, and financial software.
