Senior Analyst - Settlement Operations (Philippines)

Role Overview

The role of the Senior Operations Analyst is to ensure the timely and accurate settlements of cash flows of Interest Rates, Credit and FX Option Derivative trades on behalf of the client. This involves both individually conducting pre-settlements check and affirmation of cashflows with counterparties, identifying and resolving any issues that may prevent timely settlement, as well as monitoring that the team is performing the same.

Core Responsibilities

The Settlements function serves as a layer of control where booking issues such as incorrect economics (i.e., wrong direction, currency, index, notional, counterparty, etc ) are detected, escalated and resolved. The Senior Operations Analyst is expected to ensure the timely settlement of cashflows and at the same time identify these risks, fully observing the procedures and policies of the function, both as an individual allocated specific work and as a supervisor of the activities of the team.

The Senior Operations analyst is a subject matter expert, serving as referral and escalation point for the team, as well as performing some control functions such as approving journals and payments, monitoring settlements and payments task stations, and supporting the manager in ensuring the function executes its mandate.

Depending on the size. scope and design of the team, the role may also encompass investigation’s function which the profile for that function will apply.