Applications Associate

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).

Responsibilities:

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.