Derivatives Operations & Settlement Specialist

DBS Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

DBS Bank is hiring for an Operations role focusing on Interest Rate Derivatives. You will manage end-to-end settlement, valuations, and funding in a fast-paced regional environment, supporting GFM products across Asia.

The job involves risk control, data analytics, and collaboration with global teams. Ideal candidates have 5+ years in derivatives operations, strong Excel/Access skills, and familiarity with Murex; Python can be an asset.

Qualifications

• Degree holder with minimum 5 years of banking experience, specifically in Interest Rates Derivatives Operations.
• Experience in back-office operations including processing, reconciliations, settlements.
• Proficient in MS Excel and MS Access; VBA and Python are advantages.

Responsibilities

• Provide end-to-end transaction management and settlement support for GFM derivatives products.
• Conduct risk control and maintain data analytic capabilities.
• Perform deal validation in Murex for inter-bank and corporate client trades; pre-settlement confirmations.
• Authorize payments via AMH and execute fixing procedures to determine interest payoffs.
• Liaise with local GFM branches or Wealth Ops for settlements and funding amounts.
• Reconcile Nostro accounts and ledgers; manage failed trades and trade position reconciliations.
• Configure interest rate generators/indices and reconcile CCP trades between Murex and Clearers.

Skills

MS Excel

MS Access

Python

VBA

Data analytics

Education

Bachelor's degree in Banking/Finance

Tools

Murex

Swift MT202/MT103/Pacs008/Pacs009

Job description

DBS Bank is hiring for an Operations role focusing on Interest Rate Derivatives. You will manage end-to-end settlement, valuations, and funding in a fast-paced regional environment, supporting GFM products across Asia.

The job involves risk control, data analytics, and collaboration with global teams. Ideal candidates have 5+ years in derivatives operations, strong Excel/Access skills, and familiarity with Murex; Python can be an asset.