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 collateral calls / recalls relating to Credit Support Annex and Global Master Repurchase Agreement are well managed

• Ensure timely and accurate payments/receipts of cash

• Investigates collateral disputes/ discrepancies and ensure that such disputes/ discrepancies are promptly resolved.

• Ensure all collateral calls to counterparties are made within Notification Time

• Perform portfolio reconciliation as well as investigate and resolve disputes

• Provide assistance to Legal in the review of collateral agreements during negotiation phase

• Manage the set-up of new collateral agreements and accounts

• Ensure all queries and escalations are managed in a timely manner

• 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. Securities, Derivatives, Securities Lending) preferred

• Good understanding of Front to Back Trade operational processes. Experience in Collateral Management and/or Collateral agreements such as ISDA Credit Support Annex & Global Master Repurchase Agreement is advantageous

• 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 – Validations Analyst, Assistant Manager

• Markets Operations – Trade Services Analyst, Assistant Manager – Manager

• Markets Operations – Settlements Analyst, Assistant Manager – 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.