Analyst, Derivatives and FX Trade Services Analyst, Derivatives and FX Trade Services …

Bank of Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 29 Mar 20
Bank of Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 29 Mar 20
Analyst, Derivatives and FX Trade Services
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!

Bank of Singapore opens doors to new opportunities.

Start your career with Bank of Singapore as an Analyst in our Transaction Services Department! !

General Description:

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.

Main Duties:

  • New trades/lifecycle authorization for interbank and client transactions
  • Products managed by the team consists of FX derivatives and treasury products
  • Exception handling & investigations for trades that failed to STP
  • Ensures settlement swifts gets released and settled promptly with counterparty
  • Raise and investigate trade/lifecycle discrepancies
  • Accounting entries ledger postings for B2B transactions
  • Regulatory reporting (MAS/EMIR/CFTC/HKTR)
  • Cash reconciliation, investigate on cash breaks
  • EOD checks
  • SOP Update
  • Participation in UAT
  • Ad-hoc task assigned by Line Manager

  • Possess product knowledge in derivatives
  • Team Player with ability to work independently and with a can-do attitude
  • Able to identify key issues and propose process improvement; self-starter
  • Ability to adopt and maintain a logical approach in critical situations
  • Ability to work & deliver under time pressure
  • Knowledge of either Temenos, Murex or Numerix preferred