Settlement Processing - Markets Operations (1 Year Contract)

About Ocbc

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.
• Or simply enjoy a vibrant, future-ready career.
• Your Opportunity Starts Here.
• Who we are As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932.

How?

• 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.
• Or simply enjoy a vibrant, future-ready career.

Responsibilities

• By taking the time to truly understand people.
• Innovate the way we deliver financial services.
• Work in friendly, supportive teams.
• Key Functions / Responsibilities • Support processing and settlement of Global Market products • Products cover FXMM, Derivatives, Securities and OTC deals. • Ensure settlement adheres to the cut off time in a timely and risk-free manner while delivering quality service to internal and external stakeholders. • Execute tasks accurately, timely and in accordance with the operating procedures. • Handle queries to/from stakeholders and clients. • Ensuring controls and completeness checking for payments processed for the day. • Constantly identify areas to improve processes and straight through processing (STP) opportunities to continue to deliver improved processes with consistent quality. • Participate in user acceptance testing, system implementation, process improvement and business-driven initiatives. • Ensure strict compliance in all external and internal dealings with customers and controls are in place & implemented to mitigate operational risk. • Adherence to internal operations policies and regulatory compliance. • Support business units and draw up new processes for new products to be launched from operational perspectives. • Support teamwork and cross-learning within the department.
• Customer Service Liaise and work closely with relevant stakeholders to ensure SLA/SLI requirements are met and that daily operational issues are promptly resolved.
• Quality Initiatives Identify areas to improve processes and straight through processing (STP) opportunities to continue to deliver improved processes with consistent quality.
• Maintain high-quality work standards by ensuring zero defects and minimizing rework.

Requirements

• Degree or equivalent - Possess at least 2 years of relevant experience, preferably with exposure to Treasury products.
• Fresh graduates with strong interest and willingness to learn are also welcome to apply.
• Proficient in the use of Microsoft Office applications, particularly with good Excel skills.
• Ability to work in a fast-paced environment with good time management, independently and under pressure and able to handle extreme stress.
• Ability to handle complications and manage complicated situations effectively.
• Self-motivated and able to work as a team.
• Possess positive attitude and willingness to learn.
• Innovative mindset and constantly on the lookout to improve efficiency.

Benefits

• Build lasting value in your community.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• Build lasting value in your community.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• 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.

Job Description

Your Opportunity Starts Here.