I'm a derivatives pro and I'm desperate to reboot my career: REVIEW MY RESUME

"I am currently a derivatives accounting supervisor with more than five years' banking experience, but I'm working in a second-tier city in South East Asia. I am trying to land a position in Singapore as a derivatives accounting manager, which would involve more duties and responsibilities."

Can this candidate really get a better job in a bigger banking centre? Should he move to Hong Kong instead of Singapore? Check out his CV and let us know your thoughts in the comments box below.

DERIVATIVES ACCOUNTING EXECUTIVE

· 2009: Successfully migrated the derivatives - futures and options reconciliation team from one APAC city to another. Roll out went live ahead by one week.

· 2010: Successfully migrated the derivatives - futures and options confirmation and settlements team from one APAC city to another. Increased efficiency across team by developing an improved process workflow. This particular migration reduced the time by 25% for the reconciliation team to complete their task.

· Reengineered auto reconciliation tool for Futures and Options process by adding controls thus avoiding potential errors.

· Increased team's capacity by as much as 50% by challenging staff to accept responsibility, empowering them to make decisions, and recognizing contribution.

· Won the bank's Asia-Pacific Partnership Award, an award given to teams and individuals who go beyond business as usual by showing workflow efficiency and contribution to team growth.

· Consistently cited for outstanding supervisory skills and assistance to management team's projects. Top 1% of the line of business' full time employee (FTE). Consistently exceeded performance expectation.

· Pioneer employee for bank's Fund Services Line of Business (LOB).

WORK EXPERIENCE

Major European bank in second-tier Asian city (June 2009 - present)

Derivatives Accounting Supervisor, Fund Services

Subject matter expert for Futures and Options with strong product knowledge on Equity and Credit Derivatives. Tapped by management to handle a new process, less than a year after joining the firm. Current role (BAU) involves:

· Managing a team of eight junior analysts responsible for derivatives confirmation, settlements, verification and reconciliation of futures and options positions and margin balance. Clearing derivatives on ASX, ICE, CBOE, EUREX, LIFFE, TSE, SGX and HKE.

· Strict monitoring of daily open trade equity of derivatives positions. Variances are escalated to appropriate portfolio managers.

· Ensuring operational excellence through timely execution and recording of trades.

· Production of management information reports on business performance and health check.

· Addressing client needs through timely resolution of queries and trade exceptions.

· Coordinating with other fund accounting teams to ensure that service level agreements are met.

· Design process improvements to enhance existing controls. Review and sign off the process' standard operating procedure twice a year.

· Part of the Taxation of Financial Arrangements (ToFA) project team, nominated to test accounting system reflects new tax calculations based on the new tax bill in Australia.

The same major European bank in second-tier Asian city (Jan 2009 - June 2009)

Fund Accounting Senior Analyst, Fund Services

Managed a team of ten responsible for the accounting of more than a thousand mutual fund portfolios. Responsibilities include:

· Ensured timeliness and accuracy of team reports

· Identified exceptions and risks on the net asset value of funds through in depth review and analysis of reconciliations done

· Managed risk and breaches through prompt action, and if needed management escalation.

· Successfully rolled out numerous process improvements.

Local bank in second-tier Asian city (Dec 2008 - Jan 2009)

Assistant Manager, Asset Management and Trust Group

· Prepared daily, weekly and monthly management reports on mutual fund performance.

· Reported fund performance to the bank's Investment Committee.

· Managed portfolio risk through timely benchmarking of rates.

The same local bank in second-tier Asian city (Feb 2005 - Dec 2008)

Assistant Manager, Cash Management

· Managed the daily cash position for more than a hundred teller machines.

· Monitored and reconciled the cash center's general and subsidiary ledgers.

· Reported the cash center's monthly performance to management.

· Involved in decision making on supplier and service provider preference for the cash centers.

· Re-engineered the staff performance framework to ensure proper monitoring and fair assessment.

· Managed the overall operations and operating expenses of the cash center, supervising a team of 30 bank staff

· Managed and projected the cash position of bank's metropolitan branches.

· Managed and budgeted the operating expenses of the cash center

· Successfully implemented a key fraud control procedure on the end-of-day cash on hand balance of the center

· Implemented a buddy system among the tellers, ATM teams, and dispatch staff to ensure peer checking and to promote staff resiliency

· Introduced a scorecard to monitor the timeliness and quality of delivery of the center's critical functions

EDUCATION

University in second-tier Asian city (2001 - 2004)

Bachelor of Science degree in Commerce, Major in Marketing Management

· Graduated with honors

· Logistics Vice President of the Junior Entrepreneurs Marketing Association

· Recipient of Youth Award, a recognition to students across country who exemplify leadership excellence

IN-HOUSE SEMINARS AND TRAININGS

· 2010: GLOBAL FUND ACADEMY - DERIVATIVES

· 2010: DERIVATIVES - SPECIFICS (9 COURSES)

· 2009: INTRODUCTORY TO SWIFT RISK MANAGEMENT RECONCILIATIONS - THE BASICS

· 2008: OPERATIONS CONTROL AND FRAUD PREVENTION SUPERVISORY DEVELOPMENT COURSE 1 & 2

· 2007: CAREER DEVELOPMENT COURSE

· 2006: FINANCIAL CONTROL COURSE

PERSONAL BACKGROUND

Born in 1983. Excellent interpersonal and communication skills. Fluent in English and Hokkien. Strong problem solving and analytical skills. Knowledgeable in MS Word, Excel, Access, Powerpoint, and Adobe Photoshop. Fast learner, a natural and energetic leader, driven and has a positive attitude.

Would you like an anonymous version of your own CV reviewed by eFinancialcareers.sg readers? If so please email: apac.editor@efinancialacareers.sg

Please note that from now on we are only publishing resumes from financial services professionals currently based in Hong Kong or Singapore. So please do NOT email your CV if you are living in the UK, US, Switzerland, India, Dubai, or any other country.