Senior Associate/Assistant Vice President -Business Management, Global Markets Division

Job Summary

About Global Markets Division
The Global Markets Division (GMD) manages all SGX Group businesses, building on the strengths of its multi-asset offerings and growth opportunities globally. The Global markets organization therefore oversees the group’s markets and platforms across asset classes – namely Equities, Fixed Income, Currencies, Commodities, including the Indices, Data and Connectivity businesses as well as SGX’s wholly-owned subsidiaries (SGX FX, Energy Market Company, Baltic Exchange & Scientific Beta). 
GMD is structured largely by Business Units (BUs) as outlined below with cross support functions from Market Platforms & Services (MPS) and Business Management (BM) :-
1.    Equities (EQT) – covering cash equities, securitized products, fixed income as well as capital markets development 
2.    Derivatives (DER) – Equity, FX (including Crypto currency) and Rates Derivatives
3.    Commodity Derivatives (CMD) – including the Energy Market Company
4.    Indices & Data Services (IDS)
5.    Freight & Transport - including The Baltic Exchange (BEL)
6.    SGX FX – encompassing the OTC FX subsidiaries 

Job Responsibilities

The Role
This role is within the Business Management (BM) function – which is a control cum middle office role supporting GMD and the BUs within. The role ensures internal control policy compliance (where applicable) and oversees GMD’s operational risk assessments & audit reviews, KPI performance tracking & analyses, periodic BU management reporting as well as billings, payment & procurement support.

Reporting into the Head of Business Management, Global Markets Division, this role, as part of the Business Management function, will be involved in the following tasks :-
Financial Control processes
•    Expense & related policy compliance & control
•    Month-end closing
•    Finance related attestations
•    Other Financial controls eg fixed asset verifications, aged debtors, grants reporting
Middle Office Support & Controls
•    Attestations & ongoing controls
•    Rebates management
•    Admin support
•    Process improvements & related error/gap investigations
•    Audit liaison
Policy Compliance
•    Policies – Compliance, Technology, HR, etc
•    Enterprise Risk Management framework & guidelines
•    Regulatory checklist reviews
•    Risk & Control Self-assessments
Business Management
•    Management reporting
•    Budget & 3-year planning
•    Performance target setting & management
•    Regulatory reporting
•    Projects, Risk Champion forums, subsidiary support

Job Requirements

A Bachelor’s degree, preferably in Accounting (otherwise Finance, Business), with at least 4-8 years’ relevant experience. Good working knowledge of Financial services, Securities and Derivatives products would be beneficial.
The incumbent should also be comfortable with numerical and data analysis, possess strong problem-solving skills, be resourceful and must not be hesitant to roll-up his/her sleeves to meet team objectives. Good written and verbal communication plus interpersonal skills would be necessary to work with and influence colleagues / 3rd parties (vendor or subsidiary staff of all levels) to perform this role.