Settlement Processing - Markets Operations

OCBC Bank (Malaysia) Berhad; Malaysia; On-site; MYR 67,000 - 112,000; Full time

Job summary

OCBC Bank (Malaysia) Berhad is seeking a Settlement Processing professional for Markets Operations. The role focuses on processing and settling Global Market products, ensuring timely, compliant settlements and high-quality service to stakeholders. The candidate should have at least 2 years’ relevant experience and strong Excel skills.

Fresh graduates with a keen interest to learn are welcome. You will work in a dynamic team, supporting operations, governance, and process improvements to enhance

Qualifications

• Degree or equivalent with at least 2 years of relevant experience; treasury exposure preferred.
• Fresh graduates with strong interest and willingness to learn are welcome.
• Proficient in Microsoft Office applications, with good Excel skills.
• Able to work in a fast-paced environment, manage time effectively, and work independently under pressure.

Responsibilities

• Support processing and settlement of Global Market products including FXMM, Derivatives, Securities and OTC deals.
• Ensure settlement adheres to cut-off times with timely, risk-free delivery and quality service to stakeholders.
• Execute tasks accurately and in accordance with operating procedures; handle queries from stakeholders and clients.
• Ensure controls and completeness checking for payments processed for the day; identify areas for STP improvements.
• Participate in user acceptance testing, system implementation, and process improvement initiatives; ensure regulatory compliance.

Skills

Time management

Teamwork

Stress handling

Education

Degree or equivalent

Tools

Microsoft Office

Excel

Job description

Settlement Processing - Markets Operations

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.

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.

Key Functions / Responsibilities

• Support processing and settlement of Global Market products
• Products cover FXMM, Derivatives, Securities and OTC deals.
• Ensure settlement adheres to the cut off time in a timely and risk-free manner while delivering quality service to internal and external stakeholders.
• Execute tasks accurately, timely and in accordance with the operating procedures.
• Handle queries to/from stakeholders and clients.
• Ensuring controls and completeness checking for payments processed for the day.
• Constantly identify areas to improve processes and straight through processing (STP) opportunities to continue to deliver improved processes with consistent quality.
• Participate in user acceptance testing, system implementation, process improvement and business-driven initiatives.
• Ensure strict compliance in all external and internal dealings with customers and controls are in place & implemented to mitigate operational risk.
• Adherence to internal operations policies and regulatory compliance.
• Support business units and draw up new processes for new products to be launched from operational perspectives.
• Support teamwork and cross-learning within the department.

Customer Service Liaise and work closely with relevant stakeholders to ensure SLA/SLI requirements are met and that daily operational issues are promptly resolved. Quality Initiatives Identify areas to improve processes and straight through processing (STP) opportunities to continue to deliver improved processes with consistent quality. Maintain high-quality work standards by ensuring zero defects and minimizing rework.

• Degree or equivalent - Possess at least 2 years of relevant experience, preferably with exposure to Treasury products. Fresh graduates with strong interest and willingness to learn are also welcome to apply.
• Proficient in the use of Microsoft Office applications, particularly with good Excel skills.
• Ability to work in a fast-paced environment with good time management, independently and under pressure and able to handle extreme stress.
• Ability to handle complications and manage complicated situations effectively.
• Self-motivated and able to work as a team.
• Possess positive attitude and willingness to learn.
• Innovative mindset and constantly on the lookout to improve efficiency.

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.

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.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

OCBC Bank, is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al‑Amin Bank Berhad, on 1 December 2008. OCBC Al‑Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non‑muslims alike.

OCBC Bank, is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al‑Amin Bank Berhad, on 1 December 2008. OCBC Al‑Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non‑muslims alike.

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