FX Operations Officer , Assistant Manager - Global Markets Equities

OCBC Group; Singapore; On-site; SGD 60,000 - 100,000; Full time

Benefits offered by this job

Competitive base salary

Learning & development opportunities

Job summary

OCBC Group is seeking an FX Operations Officer, Assistant Manager, to join OCBC Singapore. You will ensure timely processing of FX transactions, verify confirmations, and support cash management activities, expediting settlements while maintaining compliance and controls.

The role provides exposure to Global Markets Equities operations and regulatory reporting within a leading Asian bank. The position emphasizes meticulous investigation, proactive problem solving, and collaboration with traders,

Qualifications

• Degree in business, accounting, economics or sciences.
• 1–2 years' experience in treasury or cash management.
• Experience in financial institutions acceptable.

Responsibilities

• Verify FX confirmations with counterparties and TRs/clients.
• Compile and monitor FX exposures for hedging.
• Prepare settlement instructions and post journal entries.
• Assist cash management with fund transfers and deposits.
• Perform reconciliations of placements against bank statements.
• Prepare regulatory reports on FX exposures.
• Support automation and data analytics to improve efficiency.
• Respond to ad-hoc queries from TRs.

Skills

Attention to detail

Analytical skills

Team player

Communication skills

Education

Bachelor's degree in business, accounting, economics, or sciences

Job description

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This exclusion clause shall take effect to the fullest extent permitted by law.You further consent to Oversea-Chinese Banking Corporation Limited, its related corporations (collectively, the \"OCBC Group\"), and their respective business partners and agents (collectively, the \"OCBC Representatives\") collecting, using and disclosing your personal data for purposes reasonably required by the OCBC Group and the OCBC Representatives to enable them to process your employment application and assess your suitability for the position which you are applying for. Such purposes are set out in a Data Protection Policy, which is accessible at www.ocbc.com/policies or available on request and which you confirm you have read and understood.FX Operations Officer, Assistant Manager - Global Markets Equities page is loaded## FX Operations Officer, Assistant Manager - Global Markets Equitiesremote type: Onsitelocations: OCBC Singaporetime type: Full timeposted on: Posted Yesterdayjob requisition id: JR00011532# **WHO WE ARE:**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.#**Why Join**Enjoy a fast-paced environment where precision and efficiency are key. As an FX Operations Officer at OCBC, you will be responsible for the accurate and timely processing of foreign exchange (FX) transactions. These FX transactions result from clients' equity trades when clients request currency conversion to settle their transactions in foreign markets. You'll contribute directly to the success of our Global Markets Equities business, supporting trading activities and ensuring compliance. This is a chance to build a strong foundation in financial markets operations within a leading Asian bank.**How You Succeed**Success in this role relies on meticulous attention to detail and a proactive approach to problem-solving. You'll need to quickly grasp complex transaction flows and prioritize tasks effectively. Collaboration with traders, other operations teams and technology partners is crucial. Staying updated on regulatory changes and internal policies will allow you to anticipate and mitigate potential risks, ensuring seamless execution.**What You Do**Key duties include verifying FX confirmations with counterparties and trading representatives (TRs)/clients, compiling and monitoring FX exposures to ensure appropriate hedging, preparing settlement instructions, and maintaining accounting records through journal entries. The role also supports cash management activities such as confirming fixed deposits, executing fund transfers with external banks, and recording related journal entries. This position requires close collaboration with the FX Dealing and Cash Management teams to ensure precise execution of FX transactions, prompt settlements, effective foreign currency exposure management, and smooth daily fund transfers. The ideal candidate will possess strong analytical skills, attention to detail, a solid understanding of foreign exchange markets and basic cash management principles, while maintaining strict compliance with regulatory and internal policies.* Verify that all FX trades executed for Equities clients align with FX team records.* Aggregate FX amounts for hedging purposes and ensure brokers' accounts are adequately pre-funded.* Prepare fund transfer instructions and confirm accurate execution of transfers by banks at day-end.* Maintain account records by posting journal entries in the accounting system.* Monitor foreign currency accounts to maintain minimum balances, preventing excessive exposure and ensuring compliance with counterparty agreements.* Prepare and upload daily house FX rates into internal systems accurately and on time.* Assist the Cash Management team by verifying fund placement confirmations with counterparties.* Perform daily and month-end reconciliations of placements against bank statements.* Validate banking charges and post corresponding journal entries.* Prepare and submit regulatory reports related to foreign currency exposures, ensuring compliance with applicable regulations.* Conduct RCSA, CSA, and other periodic reviews in accordance with Group policies.* Respond promptly and accurately to ad-hoc queries from TRs.* Apply automation, data analytics, and digital tools, where appropriate, to improve work efficiency, accuracy, controls, and operational insights.* Perform any other duties within Finance Operations as assigned, including operational, control, reporting, or process improvement activities.#**Who You Are*** Degree holder in business, accounting, economics, or sciences.* Minimum 1-2 years' experience in a treasury, cash management or settlement function.* Candidates with back/middle office experience in financial institutions will also be considered.* Fundamental understanding of equities, FX, and futures products.* Team player, detail oriented and ability to manage deadlines.* Excellent written and verbal communication skills.## **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.