Assistant Manager, Cash Settlement

As Singapores 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 were 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 Asias 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:

• Operational support to Markets Operations Hub team in Singapore and Global Markets Division

• Support day-to-day settlement operations with Singapore Markets Operations Hub teams for Global Markets transactions

• Daily rates update and distribution including Spot and Base rates

• Prepare Nostro threshold limits monitoring and reporting

• Prepare various Global Markets transactions related Financial/Regulatory reports

• Perform Brokerage Reconciliation and Reporting

• Report daily RTGS Put-through ratio

• Handling exceptions reconciliation from ACRS Team in OCBC Singapore and perform entryadjustment

• Handling Internal and External for trade enquires thru Email/ Phone

• Handling Cash flow reporting for Nostro banks on funding management.

• Monitor funding position in Nostro banks accounts are sufficient for settle transactions.

• Project daily Funding and verify with Global Markets

• Customers / Interbanks settlement support for Global Markets trade products (FX/MM Derivatives Bond Repo) including confirmation handling over account settlement incoming/outgoing Swift/CHATS payments and GL posting

• Prepare and deliver MTM Valuation Report to customers

• Audit Confirmation/customer exposure checking and reply

• Arrange CIF creation for Bond / Equity Issuers and counterparts (such as Interbanks NBFIs Corporates brokers) in CIF system and Murex

• Support Margin call / deposit settlement with Broker and CCP agent

• Monitor Bond/Repo unmatched settlement to avoid any fail settlement occurrence and support manual creation for DVP/FOP instructions when system limitations arise.

• Investigation on coupon claim / pair-off net cash settlement with counterparties.

• Follow up instructions / coupon / redemption / corporation actions with custodians while encountering on settlement and corporate event issues.

• Consolidate and print Start of Day Control reports for follow up actions and End of Day Control reports to ensure no omission of payments and completeness of Trades validation.

Requirements:

• Associate degree or above

• Preferably with 2-3 years banking experience in Global Markets back-office operations.

• Good knowledge on SWIFT Murex Windows Excel EasyWay

• Hardworking responsible reliable strong numerical aptitude

• Work overtime rotate shift duties during HK public holidays.

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.