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OCBC
Singapore, SINGAPORE
(on-site)
Posted
1 day ago
OCBC
Singapore, SINGAPORE
(on-site)
Job Function
Financial
Markets Operations - Settlements Analyst, Assistant Manager - Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Markets Operations - Settlements Analyst, Assistant Manager - Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
WHO WE ARE:As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
About the Department
Markets Operations spans across 10 countries and the department plays a critical role in supporting our business stakeholders to execute and support the Global Businesses' operational activities including pre and post settlements, trade control and documentation. Markets Operations Singapore is both the Headquarters and the Centre of Excellence, centralizing majority of the operational activities for selected APAC branches and subsidiaries.
Markets Operations is embarking on a global transformation journey, providing a suite of operational support services to our business units while focusing on cost efficiency through process re-engineering, automation and straight through processing.
About the job
- Your main responsibility is to ensure that the settlements activities for Treasury products (Securities and Cash) are correctly and timely executed within the market/currency cut-off times and liquidity treasury constraints where applicable
- Liaise with internal/external stakeholders and clients for any discrepancies timely.
- Ensure all queries and escalations are managed in a timely manner
- Make sure settlements are done according to Risk and Compliance Group guidelines/requirements including embargoes/sanctions alert management
- Establish and maintain a strong working relationship with internal and external stakeholders
- Drives process improvement and system automation.
- Drive new ways of working and behaviour across organisation to deliver faster, better, cost-efficient customer (internal and external service)
- Participate / Support in projects, business-driven initiatives and UAT
- Ensure compliance to Department and Bank's operational risk and regulatory requirements.
- Continuous participation to "Growing the Team": formalisation of team procedure, training, coaching colleagues, brainstorm ideas for any occasions, creating a fun environment among others)
Skills and experience required
- Degree holder preferred
- Good knowledge of Treasury products (e.g. Commodities, Digital Assets) preferred
- Good understanding of Front to Back Trade operational processes especially settlements of any treasury products is an advantage
- Understand the principles of financial transactions, methods of payments and potential settlement/delivery issues
- Exhibits good communication and interpersonal skills, flexibility and accountability
- Ability to work in a fast-paced environment with good time management
- Innovative mindset and constantly on the lookout to improve efficiency
- Proficient in Microsoft Office applications
- Able to work on holiday rotations and weekends (where necessary)
- Able to work 100% in office, based at Tampines
The rank offered will align with your demonstrated expertise and background
You might be interested in these available openings within Markets Operations Department too. If you are applying to more than 1 position, please indicate your top choice in your CV.
- Markets Operations - Collaterals management Analyst, Assistant Manager
- Markets Operations - Trade Services Analyst, Assistant Manager - Manager
- Markets Operations - Validations Analyst, Assistant Manager
- Markets Operations - Confirmations Analyst, Manager
- Markets Operations - Securities Finance Operations Specialist, Manager - Vice President
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Job ID: 83066463
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