Farrel Hannon Situmorang

Farrel Hannon Situmorang Email and Phone Number

Vice President Operations @ Bitwyre Indonesia
Jakarta, Indonesia
Farrel Hannon Situmorang's Location
Jakarta, Jakarta, Indonesia, Indonesia
About Farrel Hannon Situmorang

Currently working at Indonesia Commodity and Derivative Exchange as Head of Market Operation, holding responsibility on exchange trading conditions, regulatory acceptance and data reporting to the public. Investing in mutual fund, stocks, Gold and property for long-term not a daily trader. love to discuss politics, investment, and block chain technology

Farrel Hannon Situmorang's Current Company Details
Bitwyre Indonesia

Bitwyre Indonesia

View
Vice President Operations
Jakarta, Indonesia
Website:
bitwyre.id
Employees:
2
Farrel Hannon Situmorang Work Experience Details
  • Bitwyre Indonesia
    Vice President Operations
    Bitwyre Indonesia
    Jakarta, Indonesia
  • Cfx Indonesia
    Head Of Corporate Strategy
    Cfx Indonesia Mar 2022 - Present
    South Jakarta, Jakarta, Indonesia
  • Indonesia Commodity & Derivatives Exchange (Icdx)
    Head Of Market Operation
    Indonesia Commodity & Derivatives Exchange (Icdx) Jun 2021 - Mar 2023
    Jakarta, Indonesia
    • Ensure maximum uptime (99.9%)• Identify and record hardware and software problems pertaining to Operations, and report them promptly to the IT department and other relevant departments• Ensure that each day without fail, necessary reports are sent in an appropriate and speedy manner to Clearing Operations• Set up and manage a robust system of exception reporting, to ensure that all anomalies and problems in the trading and clearing system are properly recorded and resultant actions are noted.• Compile and transmit the necessary daily and other reports for management, for the ICDX website and Bappebti• Report, on system performance issues, member complaints pertaining to Operations, and the success rate of resolving client complaints within the timelines set out in relevant SOPs. Furthermore, timely reporting to senior management of all significant exceptions to normal operations.• Suggest possible improvements, where useful formulating them as properly argued proposals for new activities/investments/projects; when accepted for implementation, formulate the expectations from the system improvement.• Improve existing SOPs and draft new SOPs when useful.• Help design a proper testing programme for new IT systems and supervise the operational testing process• Standard setting, in line with international best practices• Ensure proper functioning of the three shifts in ICDX Operations; appoint and train/coach at least two team heads to lead the combined Trading/Clearing teams during the shifts that the Head, Trading and Clearing is not working; develop and implement efficient authorization procedures and escalation processes so that problems can be promptly dealt with irrespective of the shift. • Ensure that staff understands and properly implements SOPs• Help design and implement training curricula for both existing and new staff. Evaluate the effectiveness of the learning programm• Quality of routine performance• improving staffs capacity and knowledge
  • Indonesia Commodity & Derivatives Exchange
    Senior Business Development Executive
    Indonesia Commodity & Derivatives Exchange Jan 2020 - Jun 2021
    Greater Jakarta Area, Indonesia
    Primarily responsible of managing Trading Class (ICDX multilateral trading program) to educate Indonesia regarding the existence of multilateral trades. As second exchange in Asia and first exchange in south east Asia to deliver multilateral trades platform, literacy is a primary is issue that needs to be solved in order to ensure sustainable growth of product. Especially with current literacy level in Indonesia which primarily trade bilateral contract, the challenge is unique. By, managing curriculum to ensure every class and module has its own proportion to meet current market understanding regarding the product is another responsibility to bear. introducing multilateral by phone or contacted expected clients is a routine task. Ensure expected clients to understand what are they going to have in Trading Class promoting higher success rate of the program. As substitute coach, gives me more understanding of the program in terms of curriculum that we agreed upon, and behavior of the participant which makes the program updated monthly by experiencePrimarily responsible of 6 future brokers and assisting another 8 future brokers in business process that has been assigned by head of business development. Listening their concern and expectation gives a positive experience to be more creative, resulting forming initiative to matched with the current market needs. Working with various department internally to ensure ICDX clients stay lawfully, and ethically right is mandatory to meet BAPPEBTI’s standards and regulation. Arranging training for brokers is also another responsibility, many of them need re-training without proper communication to the exchange, be sensitive is a must.
  • Pt Shafarros Gemilang Abadi
    General Manager
    Pt Shafarros Gemilang Abadi Mar 2018 - Jan 2020
    Jakarta, Indonesia
    Primarily responsible to build toll roads from compaction to paving the road with a total of 7 km of toll roads built in 3 different places in Indonesia, Central Java, Lampung and Palembang
  • Self-Employed
    Robot Developer
    Self-Employed Mar 2016 - Oct 2019
    Jakarta, Indonesia
    Developing MT4 algorithm robot with partner to ensure robot works perfectly as the expectation. ensuring the robot is adjustable to all brokers
  • Imme (Integrated Mobile Money Exchange)
    Co Founder
    Imme (Integrated Mobile Money Exchange) Oct 2016 - May 2019
    Jl. Rawa Belong 2E, Palmerah, Jakarta Barat
    Primarily responsible for handling the accounting and finance to ensure the company sustainability. Reviewing and consulting potential legal issues to externals to make sure company obedience to the current law, marketing research based on what the people needs and wants, and taking part on product development based on the marketing research in order to answer what user actually needs from our services.
  • Valbury Capital Management
    Financial Consultant
    Valbury Capital Management 2017 - 2018
    Greater Jakarta Area, Indonesia
    Futures and Fixed Income Management
  • Integrated Money Mobile Exchange (Imme)
    Co-Founder
    Integrated Money Mobile Exchange (Imme) Jun 2015 - May 2017
    Jakarta, Indonesia
    Managing operational cost of development, handling government regulation and feature usefullness of the app.
  • Power Innovation Indonesia
    Junior It Consultant
    Power Innovation Indonesia Aug 2015 - Dec 2015
    Jl. Barito Ii, No.11C, Kebayoran Baru, 12130
    Responsible managing procurement module in various construction company, and guiding users to implement Microsoft Dynamics Ax to a better standards. Supporting other module intensively such as inventory, accounting and sales module in order to work best as a team
  • Prudential Indonesia (Pt Prudential Life Assurance)
    Agent
    Prudential Indonesia (Pt Prudential Life Assurance) Sep 2011 - Dec 2015
    Lt. 36 Unit T5, Central Park Jl. Letjend S. Parman, Jakarta Barat
    Finding the best product for the clients based on their needs. this process required deep financial analysis in order to give what the client needs from insurance products. the insurance product consist of some investments component which have to be offered carefully based on their financial status.
  • Coca-Cola Amatil Indonesia
    Intern
    Coca-Cola Amatil Indonesia Jun 2014 - Aug 2014
    Greater Jakarta Area, Indonesia
    working in procurement department handling date code cost

Farrel Hannon Situmorang Skills

Microsoft Dynamics Ax Cash Flow Management Financial Planning Corporate Finance Integrated Marketing Financial Analysis Microsoft Excel Powerpoint Microsoft Word Research Training Microsoft Office Public Speaking Customer Service

Farrel Hannon Situmorang Education Details

Frequently Asked Questions about Farrel Hannon Situmorang

What company does Farrel Hannon Situmorang work for?

Farrel Hannon Situmorang works for Bitwyre Indonesia

What is Farrel Hannon Situmorang's role at the current company?

Farrel Hannon Situmorang's current role is Vice President Operations.

What schools did Farrel Hannon Situmorang attend?

Farrel Hannon Situmorang attended Asia-Pacific International University, Asia-Pacific International University.

What are some of Farrel Hannon Situmorang's interests?

Farrel Hannon Situmorang has interest in Children, Personal Finance, Economic Empowerment, Civil Rights And Social Action, Politics, Science And Technology, Debt Management, Corporate Finance, Arts And Culture, Health.

What skills is Farrel Hannon Situmorang known for?

Farrel Hannon Situmorang has skills like Microsoft Dynamics Ax, Cash Flow Management, Financial Planning, Corporate Finance, Integrated Marketing, Financial Analysis, Microsoft Excel, Powerpoint, Microsoft Word, Research, Training, Microsoft Office.

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