AVP/Senior Associate, Investment Operations, Global Financial Markets Operations (GFMO), Group COO

DBS Bank; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading bank in Singapore seeks to hire an Operations professional to oversee the collateral management processes for OTC derivatives. The successful candidate will manage margin calls, improve automated processes, and work with various stakeholders to enhance operational efficiency. This full-time role offers competitive compensation and development opportunities.

Qualifications

• 5-8 years operations experience, especially in collateral and valuation management.
• Familiar with OTC derivative products and collateral management processes.

Responsibilities

• Manage margin call process in accordance with agreements.
• Handle dispute resolution and process exceptions.

Skills

Excellent communication skills

Team player

Ability to work in a fast-paced environment

Curiosity for improvements

Education

Bachelor’s Degree in Finance, Banking, or Business

Tools

MS Office Applications

Job description

Business Function

Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Key Accountabilities

• Supporting ETE collateral management process for OTC derivative products
• Issuance of Margin calls per SLA
• Monitor and raise any issues per escalation matrix in accordance to risk management policies
• Support new products initiatives on existing/new system capabilities
  
  

Responsibilities

• Ensure margin call process are in accordance to CSA/GMRA/GMSLA/PAD agreement
• Manage bilateral margin call process, including calculations, issuance, receipt, agreement and settlement of margin calls in an accurate and timely manner
• Manage Regulatory Initial Margin call process via tri-party custodian
• Manage OTC cleared margin call process with clearing brokers and clearing houses
• Manage dispute resolution in accordance to established protocol and escalation procedures
• Support overseas entities on collateral management process
• Handle process exceptions, such as non-receipt of payments and no response to margin call
• Work on collateral process improvement to increase automation index
• Support business on collateral management data analysis
• Liaise with Front Office and Middle Office to implement new collateral product
  
  

Requirements

• Bachelor’s Degree in Finance, Banking, Business
• Minimum 5-8 years operations experience, especially in collateral and valuation management
• Familiar with OTC derivative product, collateral management and derivative clearing process
• Team player with excellent communication skill
• Ability to work in a fast-paced environment and drive required outcome
• Possess a curious mind to constantly look for improvements
• Proficient in MS Office Applications
  
  

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.

Primary Location

Singapore-DBS Asia Gateway

Job

Operations

Schedule

Regular

Job Type

Full-time

Job Posting

May 21, 2025, 8:00:00 AM