Senior Precious Metals Logistics & Clearing Lead

OCBC; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Work in Office Tampines

Weekend work when required

Competitive base salary

Job summary

OCBC, Singapore’s longest established bank, is seeking a Precious Metal Logistics and Clearing Specialist to oversee end-to-end processing of precious metal transactions. This role requires strong knowledge of physical logistics, clearing, settlement, and regulatory compliance within a banking environment.

You will report to the Vice President of Markets Operations, coordinating with front office, risk, legal, and technology teams.

Qualifications

• Bachelor’s degree in Finance, Business, Economics, or related field.
• 5+ years of relevant experience in precious metals, commodities, clearing, settlement, custody, vaulting or physical logistics operations.
• Strong understanding of precious metals transaction lifecycles and physical settlement.
• Experience with automation, system implementation or process transformation.

Responsibilities

• Coordinate approved physical metal movements with vaults, carriers, counterparties and service providers.
• Validate movement instructions, bar lists, quantities, weights, fineness, locations and supporting documents.
• Maintain complete chain-of-custody and movement records; reconcile inventory vs vault/third-party statements.
• Perform or oversee trade, position, cash, margin, inventory and fee reconciliations; investigate breaks.
• Own daily operational controls and maintain evidence; monitor aged breaks and control issues.
• Lead testing, implementation and post-deployment monitoring for enhancements; drive automation and process redesign.
• Supervise daily work allocation, coach team members, and act as subject-matter expert for metals logistics.

Skills

Precious metals logistics

Clearing & settlement

Regulatory compliance

Operational risk management

Leadership & supervision

Automation / process improvement

Education

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

Job description

OCBC, Singapore’s longest established bank, is seeking a Precious Metal Logistics and Clearing Specialist to oversee end-to-end processing of precious metal transactions. This role requires strong knowledge of physical logistics, clearing, settlement, and regulatory compliance within a banking environment.

You will report to the Vice President of Markets Operations, coordinating with front office, risk, legal, and technology teams.