Product Specialist, FX Premium Advisory (Vice President)

Bank of Singapore, Asia's Global Private Bank; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global private bank in Singapore is looking for an active FX advisor to support trading activities for FX Premium clients. The role involves contributing to the Premium team's revenue targets, ensuring compliance with policies, and providing risk management advisory. Candidates should have 6-10 years of experience in the FX market, ideally in private banking, and possess strong communication, negotiation, and teamwork skills. This is an opportunity to lead transformation within a dynamic environment.

Benefits

Attractive remuneration packages

Opportunities for personal development

Qualifications

• Minimum 6 - 10 years of experience in dealing FX market, preferably private banking.
• Strong understanding of FX and Derivatives including complex products.

Responsibilities

• Engage and support FX Premium clients’ trading activities.
• Contribute to the Premium team & personal revenue targets.
• Provide post-trade risk management advisory.
• Ensure compliance with all internal and regulatory policies.

Skills

Fast and accurate dealing acumen

Strong commercial acumen

Strong communication & interpersonal skills

Self-driven and motivated

Strong teamwork abilities

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.