Chief Operating Officer (COO)

Our client is a global futures brokerage and market leader in the industry it operates in.

Description

· Translate business strategies into actionable operational plans, track progress and ensure target delivery.

· Design, implement and optimize operating frameworks and standard operating procedures (SOPs) for trading support, clearing, settlement and risk control functions, with a focus on operational efficiency, scalability and digital transformation.

· Coordinate cross-department collaboration and resolve operational bottlenecks.

· Maintain business relationships with clearing houses (including SGX-DC, CME clearing), exchanges, custodian banks and other key partners.

· Oversee full-process clearing operations for CME listed derivatives, including trade processing, margin management, settlement, and delivery; comply with applicable exchange rules and clearing requirements..

· Strictly enforce SG and US fund segregation rules, monitor margin sufficiency, and meet net capital and liquidity requirements.

· Develop and execute default response plans to mitigate operational and financial risks in stressed scenarios.

· Ensure all operations fully comply with CFTC, NFA, MAS regulations and CME membership rules.

· Coordinate regulatory inspections, internal audits and corrective actions.

· Build and improve risk management framework covering operational, market, credit and liquidity risks; prepare risk reports and implement mitigation measures.

· Strengthen internal controls, permission management and record keeping.

· Oversee front/middle/back office systems implementation, upgrade and operation; ensure system and network stability, security and capacity to support peak business volumes.

· Develop, implement and maintain practical business continuity plans (BCP) for operational processes, and conduct regular testing to ensure effectiveness and operational resilience.

· Optimize system integration and data interface with CME Clearing platform, as well as platforms from SG, US, and other global exchanges.

· Ensure data submitted to regulators such as CFTC, NFA, MAS and CME is accurate, complete and timely.

· Lead and develop professional teams, define responsibilities and performance objectives, and arrange targeted training.

· Optimize client service processes and improve service quality and experience.

· Provide operational solutions and risk assessment for new business and product launches; control costs and improve efficiency.

Profile

· Bachelor's degree or above in Finance, Economics or a related discipline is required.

· Minimum 10 years of experience in financial services operations, preferably in futures, derivatives or brokerage business.

· Must possess solid knowledge of exchange and clearing rules, including those of SGX and CME, with practical experience in clearing and post-trade operations.

· Strong understanding of the MAS regulatory framework for CMS licence holders, with familiarity with U.S. regulatory requirements (including CFTC and NFA) highly preferred.

· Experience in establishing and implementing operational frameworks for new entities is a strong advantage.

· Strong leadership capabilities and stakeholder management skills, with the ability to operate effectively in a multi-jurisdictional and regulated environment.

Job Offer

• Competitive salary package with strong upsides
• Large and stable MNC
• Newly created opportunity which offers a platform for stepping up
• Comprehensive benefits

If you are ready to take on this exciting opportunity, apply today to make a significant impact in the banking and financial services sector.

Michael Page International Pte Ltd. (Company No. 199804751N) is acting as an Employment Agency in relation to this vacancy. To apply online please click the 'Apply' button. For a confidential discussion about this role please contact Gavin Teo (Lic No: R1328332 / EA No.: 18S9099) on +65 6416 9835.