Product Specialist

Bank of Singapore, Asia's Global Private Bank; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading global private bank in Singapore is seeking an experienced FX advisor to engage and support Premium clients’ trading activities. The candidate will drive transformation in the bank’s FX business and positively influence innovation. Responsibilities include executing FX & derivatives products, developing relationships with sales teams and market counterparties, and using data to identify new business opportunities. Candidates must have a bachelor’s degree and a minimum of 6 - 10 years of experience in the FX market, with strong communication and interpersonal skills.

Qualifications

• Minimum 6 - 10 years of experience in dealing FX market, preferably in private banking.
• Able to execute FX & derivatives products accurately.
• Self-driven and committed to service excellence.

Responsibilities

• Contribute to the Premium team & personal revenue target.
• Accurate execution of FX & derivatives products.
• Develop excellent relationships with sales teams.
• Drive improvements in efficiency of FX Premium processes.

Skills

Dealing acumen

Strong commercial acumen

Understanding of FX and Derivatives

Communication skills

Interpersonal skills

Education

Bachelor's degree or equivalent

FMRP, CACS 1 & 2, RES 12B, CM-CMP

Job description

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices.

If you have passion, drive and the will to succeed, rise to the challenge today!

The candidate is expected to be an active FX advisor, with the key objective to engage and support FX Premium clients’ trading activities. Additionally, to embrace a change mindset to lead a transformation to Bank of Singapore’s FX business and positively influence an innovation culture to deliver customer led solutions and efficient processes to enable business scalability and rapid adaptation to an ever-changing landscape.

Responsibilities

• Contribute to the Premium team & personal revenue target
• Accurate and prompt execution of FX & derivatives products in fast-moving markets.
• Regularly come up with market opportunity and trading ideas by understanding various economic forces and correlation in the market.
• Provide post-trade risk management advisory where applicable
• Ensure clear understanding of margining rule at product & portfolio level.
• Develop and maintain excellent relationships with front office sales teams.
• Develop and maintain excellent relationships with market counterparties to obtain flow information and best execution
• Ensure compliance with all internal and regulatory policies and procedures
• Using data to uncover new FX business opportunities (identify potential accounts)
• Leverage on internal network to acquire clients for premium business
• Drive improvement in efficiency of the FX Premium processes

Back-up Function For Capital Market’s Multi-assets

• In event where cross-teams coverage is required, to carry out timely execution and advisory for multi-assets outside primary function (where Capital Market covers FX, Equity Cash, Bonds and Derivatives)

Requirements

• Hold a Bachelor’s degree or equivalent
• Preferably hold FMRP, CACS 1 & 2, RES 12B, CM-CMP

Knowledge & Qualifications

• Minimum 6 - 10 years of experience in dealing FX market, preferably private banking
• Fast and accurate dealing acumen
• Strong commercial acumen, focused on enhancing customer experience while staying focused delivering significant improvements in revenue, productivity and efficiency
• Strong understanding of FX and Derivatives including complex product
• Strong communication & interpersonal skills and strong team-player.
• High professionalism and energy level, able to engage and build relationships with clients well.
• Self-driven, motivated and committed to service excellence.