Markets Operations – Collaterals management Analyst, Assistant Manager - AVP

OCBC Bank; Singapore; On-site; SGD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Learning & development opportunities

Wellbeing & growth support

Job summary

OCBC Bank in Singapore is seeking a Markets Operations professional to ensure collateral calls and recalls related to CSA and GMRA are managed efficiently. You will handle payments, investigate discrepancies, and support legal review of collateral agreements.

Based in Tampines and 100% office-based, you will establish strong relationships with internal and external stakeholders, drive process improvements, and participate in projects and UAT while complying with risk and regulatory requirements.

Qualifications

• Degree holder preferred.
• Good knowledge of Treasury products (e.g. Securities, Derivatives, Securities Lending).
• Understanding of Front to Back Trade operational processes.

Responsibilities

• Ensure collateral calls/recalls relating to CSA and GMRA are well managed.
• Ensure timely and accurate payments/receipts of cash.
• Investigate collateral disputes/discrepancies and resolve promptly.
• Perform portfolio reconciliation and resolve disputes.
• Support legal in review of collateral agreements during negotiation.
• Set up new collateral agreements and accounts.
• Manage queries and escalations in a timely manner.
• Build relationships with internal and external stakeholders.
• Drive process improvements and system automation.
• Support in projects and UAT.
• Adhere to risk and regulatory requirements.

Skills

Collateral management

Treasury products knowledge

Front-to-back trade processes

Communication skills

Microsoft Office

Time management

Analytical mindset

Education

Bachelor's degree

Tools

ISDA CSA/GMRAs knowledge

MS Excel

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.

About the Department

Markets Operations spans across 10 countries and the department plays a critical role in supporting our business stakeholders to execute and support the Global Businesses’ operational activities including pre and post settlements, trade control and documentation. Markets Operations Singapore is both the Headquarters and the Centre of Excellence, centralizing majority of the operational activities for selected APAC branches and subsidiaries. Markets Operations is embarking on a global transformation journey, providing a suite of operational support services to our business units while focusing on cost efficiency through process re‑engineering, automation and straight through processing.

About the job

Your main responsibility is to ensure collateral calls / recalls relating to Credit Support Annex and Global Master Repurchase Agreement are well managed

• Ensure timely and accurate payments/receipts of cash
• Investigates collateral disputes/ discrepancies and ensure that such disputes/ discrepancies are promptly resolved.
• Ensure all collateral calls to counterparties are made within Notification Time
• Perform portfolio reconciliation as well as investigate and resolve disputes
• Provide assistance to Legal in the review of collateral agreements during negotiation phase
• Manage the set‑up of new collateral agreements and accounts
• Ensure all queries and escalations are managed in a timely manner
• Establish and maintain a strong working relationship with internal and external stakeholders
• Drives process improvement and system automation.
• Drive new ways of working and behaviour across organisation to deliver faster, better, cost‑efficient customer (internal and external service)
• Participate / Support in projects, business‑driven initiatives and UAT
• Ensure compliance to Department and Bank’s operational risk and regulatory requirements.
• Continuous participation to “Growing the Team”: formalisation of team procedure, training, coaching colleagues, brainstorm ideas for any occasions, creating a fun environment among others

Skills and experience required

• Degree holder preferred
• Good knowledge of Treasury products (e.g. Securities, Derivatives, Securities Lending) preferred
• Good understanding of Front to Back Trade operational processes.
• Experience in Collateral Management and/or Collateral agreements such as ISDA Credit Support Annex & Global Master Repurchase Agreement is advantageous
• Exhibits good communication and interpersonal skills, flexibility and accountability
• Ability to work in a fast‑paced environment with good time management
• Innovative mindset and constantly on the lookout to improve efficiency
• Proficient in Microsoft Office applications
• Side Note: Able to work on weekends and Public holidays when required

This is a 100% Work -in- Office role, based at Tampines

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. The rank offered will align with your demonstrated expertise and background.

You might be interested in these available openings within Markets Operations Department too. Markets Operations – Validations Analyst, Assistant Manager Markets Operations – Trade Services Analyst, Assistant Manager – Manager Markets Operations – Settlements Analyst, Assistant Manager – Manager Markets Operations – Confirmations Analyst, Manager Markets Operations - Securities Finance Operations Specialist, Manager - Vice President

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. Your Opportunity Starts Here

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.