Equities Settlements Operations – Team Lead

OCBC (Singapore); Singapore; On-site; SGD 90,000 - 150,000; Full time

Benefits offered by this job

On-site role

Competitive compensation

Learning and development opportunities

Job summary

OCBC Singapore is seeking an Assistant Vice President to lead the Equities Settlements team, ensuring timely and accurate settlement across markets. You will manage end-to-end processes, resolve exceptions, and drive improvements while coordinating with brokers, custodians, and exchanges in a fast-paced environment.

You should have 5–8 years in equities settlements or securities operations, strong risk and controls knowledge, and solid stakeholder management.

Qualifications

• 5–8 years of relevant experience in Equities Settlements or Securities Operations.
• Good understanding of domestic and international settlement practices and SWIFT messaging.
• Strong knowledge of settlement risk, reconciliation, exception management and controls.
• Strong analytical and stakeholder management skills.

Responsibilities

• Manage end-to-end settlement of equity trades across Singapore and international markets.
• Monitor and resolve settlement exceptions, failed trades, unmatched transactions and reconciliations.
• Liaise with brokers, custodians, counterparties, exchanges, and internal stakeholders to resolve issues.
• Ensure BAU activities meet SLIs and KPIs; conduct timely reporting of metrics and exceptions.
• Drive process improvements, automation opportunities and control enhancements.
• Support system enhancements, UAT, and change initiatives; participate in projects and regulatory work.
• Lead the Equities Settlements team to meet daily deliverables and timelines.

Skills

Equities Settlement

Post-Trade Operations

Exception & Risk Management

Reconciliation & Investigation

Stakeholder Management

Regulatory & Control Compliance

Process Improvement & Automation

Change Management & UAT Support

Communication & Problem Solving

Education

Degree in Banking, Finance, or related discipline

Job description

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.

Job Purpose

The Assistant Vice President, Equities Settlements is responsible for the timely and accurate settlement of equity transactions across Singapore and global markets. The role ensures smooth BAU operations, effective risk and exception management, adherence to regulatory and control requirements, and supports process improvement and transformation initiatives.

Key Responsibilities

• Manage end-to-end settlement of equity trades across Singapore and international markets, ensuring timely and accurate settlement.
• Monitor and resolve settlement exceptions, failed trades, unmatched transactions, and reconciliation breaks within established timelines.
• Liaise with brokers, custodians, counterparties, exchanges, and internal stakeholders to ensure prompt issue resolution.
• Ensure daily BAU activities are completed in accordance with agreed Service Level Indicators (SLIs) and operational KPIs.
• Investigate and elevate settlement risks, operational issues, and control breaches on a timely basis.
• Adhere to documented SOPs, operational controls, regulatory requirements, and compliance standards.
• Support market claims, buy-ins, penalty management, stock transfers, and other post-trade settlement activities where applicable.
• Produce accurate management information, operational metrics, and exception reporting.
• Drive continuous process improvements, automation opportunities, and control enhancements to improve efficiency and reduce operational risk.
• Support system enhancements, user requirement documentation, User Acceptance Testing (UAT), and change initiatives.
• Participate in projects, regulatory initiatives, and ad-hoc assignments as directed by management.

Additional Team Lead Responsibilities

• Lead and supervise the Equities Settlements team to ensure all daily deliverables are completed accurately, timely, and in accordance with established SLAs and market cut-off timelines.
• Monitor team performance, productivity, and service quality, and implement corrective actions where necessary.
• Manage staff capacity, workload allocation, leave planning, and resource utilization to ensure adequate coverage across all markets.
• Act as the escalation point for settlement issues, market incidents, client impacts, and operational exceptions.

Requirements

• Degree in Banking, Finance, Business, or a related discipline.
• 5 - 8 years of relevant experience in Equities Settlements, Securities Operations,
• Good understanding of domestic and international settlement practices, market infrastructure, and SWIFT messaging.
• Strong knowledge of settlement risk, reconciliation, exception management, and operational controls.
• Strong analytical, problem-solving, and stakeholder management skills.

Key Competencies

• Equities Settlement & Post-Trade Operations
• Exception & Risk Management
• Reconciliation & Investigation
• Stakeholder & Counterparty Management
• Regulatory & Control Compliance
• Process Improvement & Automation
• Change Management & UAT Support
• Communication & Problem Solving

Side note:

• This is a 100% Work -in- Office role
• During the interview, a 5-minute assessment test will be administered. To ensure optimal performance, please attend the interview in a composed and alert frame of mind . Further details regarding the test will be provided during the interview.

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.