Class: Full-Time AND Permanent

Legal Entity: StoneX Financial Pte. Ltd.

Company Overview:

Position Purpose:

The FX Prime Brokerage Operations team supports the end-to-end operational lifecycle of FX transactions, ensuring accurate and controlled processing across trade capture, matching, confirmation, settlement, reconciliation, client onboarding and post-trade activities. As the business is in a build-out phase, the team also contributes to the development of procedures, controls, workflows, reporting and system processes.

Primary duties will include:

FX Trade Lifecycle Management

• Monitor and support the end-to-end processing of FX transactions across the FX Prime Brokerage lifecycle.
• Review trade capture and ensure trades are accurately booked into relevant operational systems.
• Perform trade matching, affirmation and confirmation activities with clients, counterparties and prime brokers.
• Process and monitor trade amendments, cancellations, corrections, re-bookings, unwinds and other post-trade events.
• Investigate trade mismatches and exceptions, identify root causes and ensure resolution within agreed cut-off times.
• Monitor outstanding trades, escalate unresolved items and complete relevant T+0/T+1 and end-of-day controls.

FX Settlement & Cash Operations

• Monitor FX settlement activity and ensure trades settle accurately and on time.
• Coordinate settlement instructions and payment details with counterparties, banks and prime brokers.
• Investigate settlement fails, rejected payments, unmatched instructions and cash or settlement discrepancies.
• Support FX netting and settlement processes.
• Monitor operational cut-offs across currencies and global markets and escalate time-sensitive exceptions.
• Investigate and resolve reconciliation breaks, identify root causes and support preventative action where appropriate.
• Monitor client and counterparty positions for operational discrepancies.
• Ensure operational exceptions are documented, tracked and escalated in accordance with procedures.

Client & Internal Stakeholder Support

• Act as an Operations point of contact for client and internal queries relating to FX trades and settlements.
• Work closely with Sales, Trading, Client Service, Risk, Credit, Treasury, Finance, Compliance and Technology teams to resolve operational issues.
• Liaise with prime brokers, liquidity providers, counterparties and settlement banks on trade and settlement matters.
• Provide timely updates on outstanding trades, breaks, settlement status and operational incidents.
• Escalate material or client-impacting issues promptly to senior Operations management and relevant control functions.

Operating Model Build-Out

• Assist in developing and maintaining end-to-end FXPB operating procedures, SOPs, checklists, controls and escalation processes.
• Help define operational requirements for workflows, reports and system enhancements.
• Identify manual or inefficient processes and propose automation, workflow optimisation and STP improvements.
• Support implementation of new clients, counterparties, liquidity providers and settlement relationships.
• Produce daily operational reports covering trades, exceptions, settlements, cash and outstanding issues.

General Expectations:

• Develop a strong understanding of FX Prime Brokerage operational processes, products and controls.
• Ensure operating procedures and process documentation remain accurate and current.
• Demonstrate ownership of issues from identification through resolution, with timely escalation where required.
• Proactively identify opportunities to improve efficiency, scalability and the control environment.
• Build effective working relationships with internal stakeholders, clients and external market participants.

Professional Requirements:

• Bachelor's Degree, Diploma or equivalent qualification.
• Approximately 2-3 years of experience in FX Operations, Trade Operations, Middle Office, Prime Brokerage, Treasury Operations or a similar financial markets environment.
• Direct FX experience and knowledge of the end-to-end FX trade lifecycle are strongly preferred.
• Good working knowledge of Spot FX, FX Forwards, FX Swaps and NDFs; FX Options knowledge is advantageous.
• Understanding of FX give-up / prime brokerage workflows, trade matching, confirmation, settlement, reconciliation and exception management.
• Basic understanding of FX margin, credit limits and exposure.
• Strong Excel skills and ability to work with large datasets; Power Query, SQL, Python or automation exposure is advantageous.
• Strong analytical and problem-solving ability, with high standards of accuracy, diligence and control awareness.
• Ability to work independently, manage competing priorities and consistently meet deadlines in a fast-paced environment.
• Excellent written and verbal communication skills in English and confidence working across functions and time zones.

Working Environment:

• Dynamic, time-sensitive trading environment.
• Interaction with global teams, clients, counterparties and market infrastructure providers.
• Support for global FX trading activity across different time zones where required.
• Travel minimall
• 4 days in office, 1 day remote