Analyst, Regulatory Reporting Specialist, Global Financial Markets Operations

DBS Bank Limited; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is looking for a candidate to provide trade reporting support for Over-the-Counter (OTC) derivatives products. The role involves ensuring data accuracy, adhering to risk control obligations, and validating regulatory reports. Ideal candidates should possess a Bachelor's degree, have experience in banking and trade reporting, and demonstrate strong analytical skills. A competitive salary and benefits package are offered in a dynamic work environment.

Benefits

Competitive salary

Dynamic work environment

Qualifications

• Good understanding of OTC & Treasury products lifecycle.
• Experience in Trade Reporting and regulatory specifications.
• Ability to work independently and under tight deadlines.

Responsibilities

• Provide OTC transaction life-cycle trade reporting support.
• Ensure accuracy and timely reporting of data.
• Review and enhance reporting processes.
• Validate daily Trade Repository reports.
• Monitor report acknowledgements and trade discrepancies.

Skills

End-to-end transaction lifecycle understanding

Critical thinking

Analytical skills

Proficiency in MS Excel

Ability to design analytical dashboards

Strong Data Literacy

Education

Bachelor's Degree or equivalent qualification

Tools

MS Access

VBA

Python

Tableau

Job description

Business Function

GFM Operations -GFM Ops operates as a Regional Processing Centre (Hub & Spoke) supporting GFM businesses in the region. The hub and spoke model allow GFM business to scale up while remaining agile in product and service offerings in the fast, evolving market environment. As GFM business expands product offerings in the region coupled with the dynamic regulatory environment, GFM Ops leverages on this unique advantage to continue to standardize processes to manage processing risk and to facilitate automation as well as governance of service level and quality.

The incumbent is given opportunities to undertake trade reporting support role and exposure to engage with Legal & Compliance, GFM Business and Technology; co-create and co-partner in our continual pursuit towards compliant and accurate trade reporting obligations to major jurisdictions e.g MAS, ASIC, MiFID, EMIR, CFTC, OSC etc

Responsibilities

• Provide end-to-end Over-the-Counter (OTC) transaction life-cycle trade reporting support for GFM derivatives products to fulfil regulatory reporting obligations
• Ensure data accuracy and timely reporting
• Ensure risk & control obligations are adhered to
• Be data driven, build and measure GFMO Performance Service, Quality and Data Analysis via DDOM (Data Driven Operating Model) Dashboards
• Review legacy processes and exception handling to eliminate toil in processes

Trade Repository Reporting (TR)

• Validate the daily TR reports being House and or Client Delegation
• Investigate on any discrepancies and investigation on root cause
• Monitor the report acknowledgement and investigate for any rejected trades
• Review the successfully submitted report in Depository Trust & Clearing Corp (DTCC)-Global Trade Repository (GTR) and EOD completeness checks
• Engage on the build of TR Reporting (new, revise, update)
• Keep abreast of regulatory updates and able to drive enhancements, initiatives resulting from Regulatory changes such as Rewrites/Refits
• Support New Product Approval (NPA) Process - review all NPAs related to TR, identify and resolve issues and deviations for pre and post product launch
• Support end-to-end process on Delegate Reporting of Commodity Future Trading Commission (CFTC)

Requirements

• Bachelor's Degree or equivalent qualification.
• Good understanding of the end-to-end transaction lifecycle of OTC & Treasury products
• Banking experience in Trade Reporting and season worker and SME on DTCC and Regulatory requirements specifications
• Critical thinking, analytical, ability to work independently, organized and have a problem-solving mindset, ability to design analytical dashboards
• Proficient in MS Excel and MS Access or VBA and Python are added advantage.
• Able to multi-task and work under tight deadlines
• Embraces DBS PRIDE values, communicates and share information with the team, promotes team collegiality

Other Skills/Abilities

• Strong Data Literacy
• Proficient in Business Intelligence Tools (Example: Tableau) is an added advantage

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.