Intern - ONT, Derivatives Clearing & Collateral, Fall (July to December 2024)

Job Summary

SGX (July - December 2024) Fall Internship Programme

We are Asia’s leading and trusted securities and derivatives market infrastructure, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. We also operate a multi-asset sustainability platform, SGX FIRST or Future in Reshaping Sustainability Together (sgx.com/first).  

We are committed to facilitating economic growth in a sustainable manner leveraging our roles as a key player in the ecosystem, a business, regulator and listed company. With climate action as a key priority, we aim to be a leading sustainable and transition financing and trading hub offering trusted, quality, end-to-end products and solutions.

As Asia’s most international, multi-asset exchange, we provide listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. We are the world's most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN. In foreign exchange, we are Asia's leading marketplace and most comprehensive service provider for global FX over-the-counter and futures participants. Headquartered in AAA-rated Singapore, we are globally recognised for our risk management and clearing capabilities. 

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. 

This internship programme is on a full-time basis and runs from July – December 2024. We invite you to realise your potential with us!

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

Internship Programme
We have roles open in:

• Derivatives Business Operations/Derivatives Clearing & Collateral

Derivatives Clearing & Collateral

Brief Overview:

Derivatives Clearing and Collateral is responsible for the clearing and settlement operations of Singapore Exchange Derivatives Clearing House:

Product development: bring the Derivatives products from concepts to life
Market management: monitor and manage the Derivatives market by leveraging on technology and tools
Risk management: manage counterparty risk through daily cycle mark-to-market, margining and collateral management

Learning Objectives:

Selected intern would undergo a structured internship program with the following exposure:

Technical Development - 70%

Singapore’s Derivatives market, rules and processes under the guidance of experienced and passionate mentors.
Tools and technologies for market management (e.g. CW2, Titian, DTDC, Titan OTC, SWIFT, COSMOS system)
Derivatives business products knowledge (e.g. NLT(negotiated large trades) of listed
Derivatives (e.g. commodities, foreign exchange products)
Derivatives clearing processes, systems, rules and concepts (e.g. Daily Settlement Cycle, Margin call and Money Settlement run)

Professional Development - 20%

SGX training
Stakeholder management
Presentation
Process improvement initiative that improves the efficiency and/or in risk controls

Cross Function Development - 10%

Cross function learning
Strategize offline event planning and execution

Job Description:

Develop Singapore derivatives market infrastructure by:

ensuring smooth market operations
enhancing market management decision making process through in-house data analytics and dashboard
automating daily operations processes through VBA, R/ Python script
enhance learning opportunity (e.g. rotation within C&C team)

Knowledge and Skills requirements:

An eye for details
Proactive
Self-motivated and goal oriented.
Ability to deal with ambiguity.
Ability to communicate complex concepts.
Analytical mindset with strong problem-solving abilities.
Strong inter-personal and effective relationship management skills
Proficient in MS Word, PowerPoint, Excel
Experience in programming (VBA/ Python)