Derivatives Trade Support & Controls Specialist

OCBC (Singapore); Singapore; On-site; SGD 60,000 - 110,000; Full time

Job summary

OCBC (Singapore) is seeking a Derivatives Support Officer to provide post-execution support for Equities and Rates derivatives, ensuring timely trade capture into core systems and strong control practices. The role requires collaboration with Front Office, Traders, and Technology to manage risk and maintain accurate trade lifecycle records.

You will handle trade capture, controls, collateral reconciliation, and documentation validation, with daily MIS updates and opportunities to contribute to

Qualifications

• 3 to 5 years experience in Private Bank Operations, especially in the area of Equities Settlements or Equity Derivatives role.
• Clear written & verbal communication skills with all stakeholders, including Dealers, Front Office, and other support divisions
• Ability to work and deliver effectively under time pressure
• Working knowledge on industry platforms like Temenos or Triresolve is preferred
• Familiarity on derivatives regulatory reporting requirements and VBA is a plus
• Degree or Diploma qualified

Responsibilities

• Trade Capture and Trade Lifecycle management: Ensure accurate capture and processing of trades into Bank's core banking platform within regulatory timelines
• Monitor and manage STP exceptions to ensure completeness and accuracy of trade bookings
• Manage queries from internal and external stakeholders relating to trade bookings and /or trade lifecycle events.
• Perform independent assessment of lifecycle events and reconcile against counterparties
• Book lifecycle resultants into core banking for settlements and update of clients positions
• Controls: Perform End of Day control checks and ensure BAU tasks are completed
• Reconcile and investigate any inter-system breaks flagged escape to the relevant parties where necessary
• Nostro and Stock Breaks investigation and resolution
• Perform daily validation and enrichment of derivatives reporting for MAS (DTCC) and HKMA (HKTR)
• Collateral management: Reconcile and manage BOS cash collateral with counterparties
• Liaise with risk team in the event of disputes arising from calling / top-ups of collateral
• Documentation and Reconciliation: Perform validation on long form ISDA confirmation for FX derivatives and Equities derivatives products received from counterparties against our trade booking in T24 core system
• Liaise with counterparties/internal stakeholders for any trade discrepancies
• Daily update tracker and monitoring of non-receipt of confirmation from counterparties and escalation where applicable
• Update weekly control report to ensure our documentation control aligned with KRI
• Change Management: Identify control gaps and work with team to review process efficiency and deliver improvements
• Participate in project deliveries and UAT where nominated by line manager
• Ad Hoc: Manage any ad hoc assignments delegated by line manager

Skills

Communication skills

Time pressure handling

Problem solving under stress

Education

Degree or Diploma

Tools

Temenos

Triresolve

VBA

Job description

OCBC (Singapore) is seeking a Derivatives Support Officer to provide post-execution support for Equities and Rates derivatives, ensuring timely trade capture into core systems and strong control practices. The role requires collaboration with Front Office, Traders, and Technology to manage risk and maintain accurate trade lifecycle records.

You will handle trade capture, controls, collateral reconciliation, and documentation validation, with daily MIS updates and opportunities to contribute to