Operations Specialist- FX Trade Services (SG) | Singapore, SG

OCBC; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

OCBC, Singapore’s longest established bank, is seeking an Operations Specialist in FX Trade Services to ensure seamless trade execution and settlement. The role involves collaboration with traders and other stakeholders, requiring analytical skills and attention to detail. With a competitive salary and comprehensive benefits, this is an opportunity to contribute to a future-ready financial institution.

Benefits

Flexible benefits to suit every lifestyle

Industry-leading learning and professional development opportunities

Community initiatives

Qualifications

• Minimum of 2 years in OTC derivative products (FX, Rates, Equities).
• Experience working with Front Office and counterparties.
• Strong Microsoft Excel skills - VBA preferred.

Responsibilities

• Ensure accurate trade capture into core banking platform.
• Monitor and manage STP exceptions.
• Perform daily validation and enrichment of derivatives reporting.

Skills

Analytical skills

Attention to detail

Communication

Education

Degree or Diploma

Tools

Microsoft Excel

Temenos

Job description

Operations Specialist- FX Trade Services (SG)

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.

Why Join
As a Trading Operations Specialist at OCBC, you'll be at the heart of our trading operations, ensuring seamless execution and settlement of trades. You'll work closely with our traders, sales teams, and other stakeholders to provide top-notch support and drive business growth. It's a challenging and rewarding role that requires attention to detail, strong analytical skills, and excellent communication.

How you succeed
The incumbent will be responsible for post execution support for OTC derivative products across FX, Equities and Rates, ensuring timely and accurate capture of trades into Bank of Singapore core banking risk system. This is also a control function role requiring the incumbent to work closely with Front Office, Trading Desks, Settlements and Technology in managing the bank's risk relating to the supported product classes. These combined, the incumbent should be able to contribute significantly in a team setting, apply critical thinking to problem solving and excel under stressful conditions.

What You Do
Trade Capture, Cancels and Amends

• Ensure accurately capture of trades into core banking platform within regulatory timelines
  
• Monitor and manage STP exceptions to ensure completeness and accuracy of bookings
  
• Perform validation of Dealer-hit trades in upstream systems
  
• Manage queries relating to trade bookings
  
• Perform inter-system reconciliations
  
• Notify Front Office and Dealers on lifecycle outcomes
  
• Perform inter-system reconciliations
  

Settlements

• Ensure timely settlement of trades
  
• Investigate and resolve cash break/ nostro reconciliations
  
• Perform authorization and reconciliation on trades
  
• Perform inter-system reconciliations
  

Regulatory Reporting

• Perform daily validation and enrichment of derivatives reporting for for MAS (DTCC) and HKMA (HKTR)
  

Change Management

• Identify control gaps and work with team to review process efficiency and deliver improvements
  
• Participate in project deliveries and UAT where nominated by line manager
  

Ad Hoc

• Manage any ad hoc assignments delegated by line manager
  

Lifecycle Management

• Perform independent assessment of lifecycle events and reconcile against counterparties
  
• Book lifecycle results into core banking for settlements and positions to be updated
  

Who You Are

• Minimum of 2 years in OTC derivative products space in either FX, Rate and/or Equities
  
• Experience working with Front Office (Bankers/Traders) and counterparties
  
• Knowledge of Temenos and regulatory reporting platforms preferred
  
• Degree or Diploma qualified
  
• Strong Microsoft Excel skills - VBA preferred
  

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.

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. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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.

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The longest-established Singapore bank, we’ve been helping people and businesses get what they want from life since 1932. How? By taking the time to t...

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