Markets Operations - Securities Finance Operations Specialist, AVP

OCBC (Singapore); Singapore; Sur place; SGD 85 000 - 110 000; Plein temps

Avantages offerts par ce poste

Weekend work availability

Office-based in Tampines

Résumé du poste

OCBC (Singapore) is seeking a Securities Finance Operations Specialist to oversee end-to-end processing of securities lending, borrowing and repo transactions. You will manage collateral, margins, corporate actions, and ensure compliance with regulations while collaborating with front office, risk, legal, and IT teams.

The role requires 5+ years in securities finance operations within a banking environment, strong analytical skills, and leadership potential.

Qualifications

• Bachelor’s degree in Finance, Business, Economics, or related field.
• 5+ years of experience in securities finance operations, preferably within a bank or financial institution.
• Strong understanding of securities lending, borrowing, repo transactions, and collateral management.
• Knowledge of relevant regulations and market practices in securities finance.
• Proficiency in trade lifecycle management, settlement processes, and reconciliations.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work under pressure, manage multiple priorities, and meet tight deadlines.
• Strong attention to detail and commitment to operational excellence.
• Leadership experience or potential to lead a team is preferred.
• The rank offered will align with your demonstrated expertise and background

Responsabilités

• Oversee the daily processing of securities lending, borrowing, and repo transactions.
• Ensure accurate and timely settlement of trades, reconciliation of positions, and resolution of discrepancies.
• Familiar with Corporate Action event types, their application to the trade, and settlement
• Manage collateral movements, margin calls, and substitution requests in line with internal policies and regulatory requirements.
• Monitor collateral valuations and ensure appropriate collateral coverage and haircuts are applied.
• Collateral and margin settlement, month end fee and interest payment
• Identify and elevate operational risks and exceptions in securities finance activities.
• Ensure adherence to regulatory guidelines (e.g., SEC, MAS, HKMA) and internal controls.
• Support audit and regulatory reviews by providing necessary documentation and explanations.
• Drive initiatives to enhance operational efficiency through automation, process redesign, and technology adoption.
• Collaborate with IT and business stakeholders to implement system enhancements and resolve operational issues.
• Act as a liaison between front office, middle office, risk, legal, and external counterparties to ensure smooth transaction flow.
• Provide timely and accurate reporting to management and external parties as required.
• Mentor junior team members and oversee their daily activities to ensure high-quality output.
• Participate in training and development programs to upskill the team.

Connaissances

Securities Finance

Operational excellence

Regulatory awareness

Risk mitigation

Team leadership

Settlement & reconciliation

Formation

Bachelor’s degree in Finance, Business, Economics, or related field

Description du poste

Job Summary

As a Securities Finance Operations Specialist, you will report to the Vice President of the Securities Finance Operations and play a critical role in the end-to-end processing and management of securities finance transactions including securities lending, borrowing, repo, corporate actions, collateral and margin management. You will ensure operational efficiency, risk mitigation, and compliance with regulatory requirements while collaborating closely with front office, risk, legal, and technology teams. We are looking for professionals with strong technical knowledge of securities finance products and proven operational expertise in a banking environment.

Key Responsibilities

• Transaction Processing:

• Oversee the daily processing of securities lending, borrowing, and repurchase agreements (repo) transactions.

• Ensure accurate and timely settlement of trades, reconciliation of positions, and resolution of discrepancies.

• Corporate Actions:

• Familiar with Corporate Action event types, their application to the trade, and settlement

• Collateral Management:

• Manage collateral movements, margin calls, and substitution requests in line with internal policies and regulatory requirements.

• Monitor collateral valuations and ensure appropriate collateral coverage and haircuts are applied.

• collateral and margin settlement, month end fee and interest payment

• Risk and Compliance:

• Identify and elevate operational risks and exceptions in securities finance activities.

• Ensure adherence to regulatory guidelines (e.g., SEC, MAS, HKMA) and internal controls.

• Support audit and regulatory reviews by providing necessary documentation and explanations.

• Process Improvement:

• Drive initiatives to enhance operational efficiency through automation, process redesign, and technology adoption.

• Collaborate with IT and business stakeholders to implement system enhancements and resolve operational issues.

• Stakeholder Management:

• Act as a liaison between front office, middle office, risk, legal, and external counterparties to ensure smooth transaction flow.

• Provide timely and accurate reporting to management and external parties as required.

• Team Leadership:

• Mentor junior team members and oversee their daily activities to ensure high-quality output.
• Participate in training and development programs to upskill the team.
  

Qualifications and Skills

• Qualification

• Bachelor’s degree in Finance, Business, Economics, or related field.

• 5+ years of experience in securities finance operations, preferably within a bank or financial institution.

• Strong understanding of securities lending, borrowing, repo transactions, and collateral management.

• Knowledge of relevant regulations and market practices in securities finance.

• Proficiency in trade lifecycle management, settlement processes, and reconciliations.

• Excellent analytical, problem-solving, and communication skills.

• Ability to work under pressure, manage multiple priorities, and meet tight deadlines.

• Strong attention to detail and commitment to operational excellence.

• Leadership experience or potential to lead a team is preferred.

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

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.