MGR / AVP, Trade Support (Derivatives Products), Private Bank

United Overseas Bank Ltd.; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their Private Bank Middle Office Security Settlement team. This role involves providing critical support for security transactions, ensuring accurate and timely settlements, and collaborating with various internal teams. With a focus on high-net-worth individuals, you will play a key role in maintaining the integrity of financial operations. The ideal candidate will have significant experience in securities settlement and possess strong analytical and communication skills. Join a forward-thinking organization that values teamwork and commitment to excellence in financial services.

Qualifications

• 5-8 years of operations experience in securities settlement.
• Effective communication and analytical skills required.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Provide trade settlement support for security transactions.
• Validate transactions and process weekly Fixings for Derivatives.
• Reconcile cash and security positions daily.

Skills

Operations Experience

Analytical Skills

Communication Skills

Securities Settlement

Ability to Work Independently

Education

Degree in Business

Diploma in Banking/Finance

Equivalent Work Experience

Tools

MS Office Suite

Excel

Job description

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

Posting Date: 29 Apr 2025

Location:

Singapore (City Area), SG, 048624

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

UOB Private Bank is dedicated to managing the wealth of high-net-worth individuals with investment assets of $5 million and above. Keeping in mind our clients’ financial objectives, we provide tailored products and solutions that draw on the Group’s comprehensive suite of personal, business and investment services.

Job Responsibilities

The successful candidate will be part of the Private Bank Middle Office Security Settlement team providing middle office trade settlement support for security transactions and all other settlement related activities pertaining to Derivative products.

These activities include:

• Validate transactions in PB systems for Derivatives-related products, such as Equity/FX/Precious Metals and Exchange Traded Options.
• Process weekly/bi-weekly Fixings and KO events for Equity/FX/Precious Metals Derivatives, and Exercise/Expiry events for Exchange Traded Options.
• Liaison with Back Office and counter parties to ensure accurate and timely settlement of security transactions.
• Communicate settlement discrepancies/exceptions to Front Office, Back Office and relevant parties including providing instructions and guidance on proper resolution of issue.
• Reconcile cash and security positions with internal and external counter parties on a daily basis and ensure timely resolution of any discrepancy.
• Dissemination of corporate action notifications and ensuring timely receipt of response from Front Office.
• Maintenance of static data of securities in PB system
• Providing assistance and advice on security settlement subject matters.

Job Requirements

• Degree/Diploma in Business, Banking/Finance, Accounting, or progress towards degree or equivalent work experience.
• Minimum 5-8 years of operations experience in securities settlement with product and settlement experience.
• Able to work independently with minimal supervision in a fast-paced environment and meet tight deadlines.
• Effective communication and analytical skills; with demonstrated ability to work effectively with all levels within the organization.
• Familiar with MS Office Suite, especially Excel.

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.