Operations Specialist, Equity Derivatives Support Officer - Singapore - Bank of Singapore

Description

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels.

Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices.

If you have passion, drive and the will to succeed, rise to the challenge todayBank of Singapore opens doors to new opportunities.

Start your career with Bank of Singapore as a

Derivatives Support Operations Specialist (6 months contract)

in our

Equity Derivatives Trade Services

team General DescriptionThe incumbent will be responsible for post execution support for OTC derivative products across Equities and Rates, ensuring timely and accurate capture of trades into Bank of Singapore core banking risk system.

This is also a control function role requiring the incumbent to work closely with Front Office, Trading Desks, Settlements and Technology in managing the bank's risk relating to the supported product classes.

These combined, the incumbent should be able to contribute significantly in a team setting, apply critical thinking to problem solving and excel under stressful conditions.

Main DutiesTrade Capture, Cancels and Amends

Ensure accurately capture of trades into core banking platform within regulatory timelinesMonitor and manage STP exceptions to ensure completeness and accuracy of bookingsPerform validation of Dealer-hit trades in upstream systemsManage queries relating to trade bookingsPerform inter-system reconciliationsLifecycle Management

Perform independent assessment of lifecycle events and reconcile against counterpartiesBook lifecycle results into core banking for settlements and positions to be updatedNotify Front Office and Dealers on lifecycle outcomesPerform inter-system reconciliationsRegulatory Reporting

Perform daily validation and enrichment of derivatives reporting for for MAS (DTCC) and HKTRPerform monthly validation and enrichment of MAS610 turnover reportAd Hoc

Perform UAT where nominated by line managerManage any ad hoc assignments delegated by line manager

QualificationsWork Experience Requirements

Minimum of 2 years in OTC derivative products space in either Rate and/or EquitiesExperience working with Front Office (Bankers/Traders)Knowledge of Temenos and regulatory reporting platforms preferredEducation Requirements

Degree or Diploma qualifiedStrong Microsoft Excel skills - VBA preferred