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.
Responsibilities:
Support Global Markets’ bank position (HK & Macau) and Investment team’s client position (HK & Macau) for the settlement of bond/ equity transactions (such CMU, Bond connect, Euroclear, Clearstream, KSD, CCDC, SHCH, CCASS clearing markets).
Follow up instructions / coupon / redemption / corporation actions with custodians while encountering on settlement and corporate event issues.
Arrange new CD issuances settlement and documentations with paying agent are placed in orderly and perform related settlement during the life cycle.
Support Repo transactions settlement (such as DVP/FOP, Rollover netting, coupon claims settlement)
Support Stock borrowing transaction (such as FOP, dividend claims settlement)
Timely generate daily reports by extracting data from Murex for officer to monitor Start of day and End of day for Bond / Repo / Equity / CD transactions reports to ensure no omission of instructions and completeness of Trades validation.
Follow up outstanding trades confirmation and unmatched / unsettled trades transactions.
Perform monthly bond holding reconciliation.
Handling exceptions reconciliation and perform entry adjustment.
Handling Internal and External for trade enquires thru Email/ Phone.
Handling Cash flow reporting for Nostro banks on funding management.
Prepare and deliver MTM Valuation Report to customers.
Collect billing statements to report operating expenses for accounts posting.
Support Margin call / deposit settlement with Broker and CCP agent.
Prepare regular MIS reports such as statics for trade volume, job counts etc.
Prepare accurate static data information for Singapore Static data team performing Issuer, Bond, counterparts and SSI setup in Murex.
Support hubbing operations to Macau transactions.
Handle proper documentation filing and coordinate godown storage activities.
Assist supervisors to work projects for new system / enhancement implementation (projects discussion, perform UAT tasks).
Requirements:
Associate degree or above
Preferably with 3 years’ experience in Global Markets back-office of Securities operations in banking industry
Good knowledge on SWIFT, Murex, EasyWay, CMU, Windows, Excel
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.
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
