Intern - FICC (Fall - July to Dec 2023)

Job Summary

SGX Fall Internship Programme (July - Dec 2023)

Singapore Exchange (SGX) is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services. With about 40% of listed companies and 90% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange.

Do you have what it takes to be at the heart of the financial industry?

Be a part of this fast-paced world where your contributions count. SGX offers you the unique experience of gaining insights into the Exchange business and the finance value chain. You will be immersed in the respective specialist functions – at SGX, we believe that our interns are involved in real-time work from Day 1.

Note: Leave of Absence (LOA) may be required to take on the internship.

FICC Internship Programme
We have available roles in the following teams:
1. Business Management (1 vacancy)
2. FX & Rates (1 vacancy)
3. Fixed Income (1 vacancy)
4. Product Management (2 vacancies)

Business Management

Business Management (BM) is part of Fixed Income, Currencies and Commodities (FICC) business unit to drive the desired business growth from formulated strategy and business initiatives and develops business intelligence and insight to enhance our business value proposition.  

Learning Objectives:
The selected intern will get hands-on exposure to and experience with:

• Developing dashboards on critical business metrics for performance review
• End-to-end automated reporting solutions and data structure that meets business requirements
• Data analytics initiatives to create business intelligence and drive business outcome
• Interacting across different business units and stakeholders to create presentation decks for business unit and subsidiary meetings
• General understanding of Singapore Exchange, FICC and SGX FX business operation
   

Job Description:

• Build and maintain various dashboards to monitor business performance such as volume, revenue, product yields and etc.
• Support, enhance and develop analytics on order book, volume driven liquidity as well as pricing models for different products.
• Research and development of quantitative trading ideas and strategies for commodity derivatives products.
• Collect and analyse trade data for research reports, news articles and white papers
• Assist with the content, layout and design of marketing materials (presentations, brochures, videos) to drive trading activity.
• Organization of industry events – this includes workshops, roundtables, seminars, forums and Singapore Iron Ore Week.
• Conduct research on peer exchanges and clearing houses to understand their product / service offering with the goal of enhancing our offering.
   

Knowledge, Skills and Requirements:

• MUST be proficient in at least one programming language (e.g., C, C++, Java, C#, Python, Groovy, Perl), SQL
• MUST be proficient in MS Office i.e., excel and PowerPoint including VBA/Macros
• Good attention to detail
• Good to have any dashboarding development experience (Tableau, QlikView or Excel Power Pivot)
• Good to have any financial quantitative knowledge
• Experience with kdb+/Q will be beneficial
• Good interpersonal & communication skills and the willingness and ability to work in a team
• Be able to multitask, be process driven and the ability to think innovatively and independently and enjoy working under pressure and tight timelines
   

To meet the objectives, the intern should preferably be:

• Fast and smart learner especially programming languages
• Highly conscious of productivity
• Possess great intellectual curiosity
• Eagerness to learn and explore
• Great team player
• Flexibility in handling different workstreams
• Detail oriented

FX & Rates

This unit has global responsibilities for the FX & Rates business lines, and this includes product development, marketing, and management. It is actively involved in onboarding key strategic accounts across all geographies and driving the key sales plan to achieve strategic goals.

Learning Objectives:
The selected intern will help with various projects involving the FX & Rates business and operations. Examples will include: 

• Developing an in-depth understanding of FX market microstructure, marketplace, and competitions 
• Data mining of the daily trading volume and open interests, mapping for cross-selling opportunities 
• Regular weekly and monthly write-ups of the FX market
• Customer validation report for new and existing products 
• Monthly sales presentation material research  
• Competitive Analysis (spreads, volume) 
• Exposure to Sales and marketing through conferences and promotional events
• Analysis of customer segments’ trading patterns and behavior 

Job Description:

• Assist in market microstructure analysis and SWOT review of various FX products
• Help with end of day Daily Settlement Price move deviation report
• Help with the production of marketing material and pitch research
• Assist with weekly and monthly write-ups of Global macro drivers and FX market performance 
• Be actively involved in selected FX Sales and marketing events  
• Help with eDM distribution and SGX FX website publication and updates
• Assist in preparing the FX sales pipeline for a weekly business meeting
• Helping in business analytics involving clients, geographies, products, and performance
   

Knowledge, Skills and Requirements:

• Detail-oriented, Good analytical skills
• Good command of English and/or Mandarin will be useful
• Good Excel skills (including power pivot), data and detail-oriented
• VBA skills are preferable
• Experience or working knowledge of Bloomberg, preferably including Bloomberg Excel tools
• SQL skills will be useful although it is not a must
• Interested in Global markets (FX and Rates and general macroeconomics)

To meet the objectives, the intern should preferably be:

• Takes initiative
• Positive attitude and eagerness (hunger) to learn
• Adaptability
• Good communication skills 
• Interested in Global Markets