Global Markets Securities Finance Senior Business Analyst

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

Job summary

OCBC Group is seeking a seasoned Business Analyst to partner with Trading, Sales, Operations, Risk, Finance, Legal, Compliance and Technology to deliver strategic Securities Finance initiatives. You will lead end-to-end business analysis across the delivery lifecycle, from scope definition and requirements elicitation to design, testing and post-production support.

You will analyse front-to-back processes, define target operating models, and drive automation and platform modernisation.

Qualifications

• Degree in Finance, Banking, Business, Information Technology, Engineering or a related discipline.
• At least 5 years of relevant Business Analysis or product delivery experience within Securities Finance, Global Markets, Treasury or Capital Markets.
• Strong product knowledge of Securities Lending and Borrowing & Repo (including principal and agency models, bilateral and triparty structures).
• Understanding of Securities Finance lifecycle: trade capture, collateral and margin management, settlement, billing, accounting, and regulatory reporting.

Responsibilities

• Lead end-to-end business analysis across the delivery lifecycle from scope and requirements elicitation to design, testing and post-production support.
• Translate requirements into practical solutions including workflows, data needs, system interfaces and exception handling.
• Coordinate integrations across trading platforms, Murex, collateral and settlement systems, SWIFT, custodians and risk/reporting systems.
• Facilitate workshops, manage traceability and drive agreement on scope, design decisions and acceptance criteria.
• Provide leadership for SIT, UAT, data migration, cutover and production stabilisation.

Skills

Business Analysis

Stakeholder management

Requirements elicitation

Securities Finance knowledge

Agile/Hybrid delivery

Education

Degree in Finance/Banking/IT

Tools

Murex

Pirum

EquiLend

SWIFT

JIRA

Confluence

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.

Key Roles & Responsibilities

• Partner with Trading, Sales, Operations, Risk, Finance, Legal, Compliance and Technology teams to deliver strategic Securities Finance initiatives.
• Lead end-to-end business analysis throughout the delivery lifecycle, covering scope definition, requirements elicitation, process analysis, solution design, functional specifications, testing, implementation and post-production support.
• Analyse and design front-to-back processes covering pricing and trade capture, inventory and position management, credit and trading-limit controls, collateral allocation, margining, settlement, lifecycle events, corporate actions, billing, accounting and regulatory reporting.
• Define target-state operating models, identify process and control gaps, and drive automation, platform modernisation and operational improvements.
• Translate business requirements into practical and scalable solutions, including business rules, workflows, data requirements, system interfaces and exception-handling processes.
• Coordinate dependencies and integrations across trading platforms, Murex, collateral management systems, settlement platforms, SWIFT, custodians, triparty agents, market utilities and downstream risk, finance and reporting systems.
• Facilitate cross-functional workshops, challenge requirements constructively, manage requirement traceability and drive stakeholder agreement on scope, design decisions and acceptance criteria.
• Provide functional leadership for SIT, UAT, business readiness, data migration, cutover and production stabilisation, including test-scenario design, defect analysis and resolution.
• Support vendor and solution evaluations, delivery planning and roadmap development while maintaining awareness of market practices, regulatory developments and emerging Securities Finance technology.

Key Qualifications & Experience

• Degree in Finance, Banking, Business, Information Technology, Engineering or a related discipline.
• At least 5 years of relevant Business Analysis or product delivery experience within Securities Finance, Global Markets, Treasury or Capital Markets.
• Strong product knowledge of Securities Lending and Borrowing & Repo (including principal and agency models, bilateral and triparty structures), Asset Swap, Margin Financing and etc.
• Practical understanding of the Securities Finance lifecycle, including trade capture, inventory and availability, collateral and margin management, settlement, recalls and returns, substitutions, rate changes, rerates, corporate actions, billing, accounting and trade termination.
• Good understanding of front-to-back operating models and the responsibilities of Trading, Middle Office, Operations, Collateral Management, Credit Risk, Market Risk, Finance and Technology.
• Proven experience in requirements elicitation, process modelling, gap and impact analysis, target operating model design, functional specifications, user stories and acceptance criteria.
• Hands-on experience supporting SIT, UAT, regression testing, data reconciliation, defect management, implementation and post-go-live support.
• Experience with Securities Finance or collateral platforms such as Murex, Pirum, EquiLend and other market platforms would be advantageous.
• Familiarity with SWIFT securities and collateral messaging, settlement infrastructure, triparty-agent connectivity, market data and upstream/downstream system integration would be beneficial.
• Strong analytical, communication, facilitation and stakeholder-management skills, with the ability to work across business, Operations and Technology and translate complex requirements into implementable solutions.
• Self-driven team player with strong ownership, attention to detail and the ability to manage multiple priorities in an Agile, Waterfall or hybrid delivery environment.
• Working knowledge of JIRA, Confluence, process-modelling tools and data-analysis techniques.

Side note: This role requires 100% WIO, based at Punggol

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. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. 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.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group.

With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney.

We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P).

We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.