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Applications Associate

Straits Financial LLC
Chicago, IL
  • $60,000 to $75,000 Yearly
  • Vision , Medical , Dental , Life Insurance , Retirement
  • Full-Time
Job Description

Applications Associate


We are looking for a dynamic individual to join Straits Financial LLC as Applications Associate to be the subject matter expert and support for our backbone post-trade processing system as well as drive process automation & digital transformation to achieve operational efficiency.

This role has dual portfolio accountability and will report directly to a local Manager and have functional reporting to Straits Financial Group IT and Group Operations in Singapore (Headquarter).


Post-trade Backoffice System Support

  • Be the main support for enhancement & improvement initiatives for the backbone post trade processing and settlement system for the local office.
  • Perform functional validation & testing as well as plan & coordinate User Acceptance Testing (UAT) for all enhancements delivered.
  • Assist with production issue tracking from working with vendor & users on the appropriate solution and simulating the test scenarios with objective of verifying the results when fixes are delivered in the test environment, until soundly implemented & rectified.
  • Engage and work closely with user teams, IT team and solution vendor to scope requirements for system improvement initiatives, generate ideas and solution development.
  • Write business requirement documents (BRD) for vendor team’s assessment of development scope.
  • Be the bridge and manage interactions between various business users, IT team and solution vendor.
  • Assist Operations Team to manage the end-of-day settlement processing in the backoffice system
  • Project progress tracking and reporting

Process Automation & Digital Transformation

  • Engage various business units to understand existing Operational and Business processes to identify areas for automation and Digital Transformation possibilities.
  • Work closely with Straits Financial Development team in HQ to create automation scripts and fit-for -purpose application systems to improve productivity and meet operational and business efficiency.
  • With the support from Straits Financial HQ, manage Application support and provide user training for newly developed application systems.
  • With alignment with Straits Financial HQ policies and standards, ensure that all application systems and automation initiatives are secured and aligned with HQ.
  • Act as subject matter expect for Digital Transformation initiatives bridging Straits Financial HQ and Straits Financial LLC.

Candidate Skills/Requirements:

  • At least 2 years of project management or business analyst experience in the financial brokerage services industry
  • Minimum B.A. or B.S. degree or equivalent in Accounting, Finance, Math, Business Administration, Computer Science, Information Systems, Economics, or other related degrees.
  • Experience at a Futures Commission Merchant, Broker/Dealer, other financial registrant, or regulatory agency desired.
  • Working knowledge/exposure to Exchange Traded Futures & Options and OTC commodities preferred.
  • Self-motivated, high level of dependability, organization, attention to detail and problem-solving skills required.
  • Must be able to multi-task and work well in a fast-paced and challenging environment.
  • Strong written and verbal communications skills
  • Workday is flexible with Work from Home potential. Some tasks may require evening availability but can be executed from home.


Straits Financial LLC

Chicago, IL


Finance and Insurance

Posted date

Over a month ago

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