Assistant Manager, Settlement & Reporting

OCBC; Hong Kong; On-site; HKD 400,000 - 680,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Learning and development opportunities

Job summary

OCBC Bank in Hong Kong invites applications for a role to supervise order management and settlements of investment products including equities, bonds, and structured deposits, with a focus on HK and Macau operations. You will monitor system performance and support daily operations, ensuring accuracy and timeliness.

Responsibilities include settlement of CMU/CMU-like, managing MTM reports, assisting with ad-hoc projects, and handling trade inquiries.

Qualifications

• Preferably with 3 years’ experience in Global Markets back-office of Securities operations in banking industry
• Good knowledge on SWIFT, Murex, EasyWay, CMU, Windows, Excel

Responsibilities

• Support settlement of bond/equity transactions for HK & Macau
• Follow up settlement and corporate actions with custodians
• Prepare daily MIS reports from Murex for start/end of day
• Handle trade inquiries via email/phone
• Prepare MTM valuation reports for customers
• Assist hubbing operations to Macau transactions

Skills

Global Markets back-office experience

Securities operations knowledge

Excel

Tools

SWIFT

Murex

EasyWay

CMU

Windows

Excel

Job description

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.

To supervise order management and settlements of investment products such as Equities, Bonds, ELI/ELN, UT and Structure Deposit and monitor the completeness of daily operations and functioning of systems. He/she is also required to support various ad-hoc assignments, attend system training, prepare SOP and controls the preparation of weekly/monthly statistics reports to management.

Responsibilities:

• Support Global Markets’ bank position (HK & Macau) and Investment team’s client position (HK & Macau) for the settlement of bond/ equity transactions (such CMU, Bond connect, Euroclear, Clearstream, KSD, CCDC, SHCH, CCASS clearing markets).
• Follow up instructions / coupon / redemption / corporation actions with custodians while encountering on settlement and corporate event issues.
• Arrange new CD issuances settlement and documentations with paying agent are placed in orderly and perform related settlement during the life cycle.
• Support Repo transactions settlement (such as DVP/FOP, Rollover netting, coupon claims settlement)
• Support Stock borrowing transaction (such as FOP, dividend claims settlement)
• Timely generate daily reports by extracting data from Murex for officer to monitor Start of day and End of day for Bond / Repo / Equity / CD transactions reports to ensure no omission of instructions and completeness of Trades validation.
• Follow up outstanding trades confirmation and unmatched / unsettled trades transactions.
• Perform monthly bond holding reconciliation.
• Handling exceptions reconciliation and perform entry adjustment.
• Handling Internal and External for trade enquires thru Email/ Phone.
• Handling Cash flow reporting for Nostro banks on funding management.
• Prepare and deliver MTM Valuation Report to customers.
• Collect billing statements to report operating expenses for accounts posting.
• Support Margin call / deposit settlement with Broker and CCP agent.
• Prepare regular MIS reports such as statics for trade volume, job counts etc.
• Prepare accurate static data information for Singapore Static data team performing Issuer, Bond, counterparts and SSI setup in Murex.
• Support hubbing operations to Macau transactions.
• Handle proper documentation filing and coordinate godown storage activities.
• Assist supervisors to work projects for new system / enhancement implementation (projects discussion, perform UAT tasks).

Requirements:

• Preferably with 3 years’ experience in Global Markets back-office of Securities operations in banking industry
• Good knowledge on SWIFT, Murex, EasyWay, CMU, Windows, Excel

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.