Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
To provide the validation support, settlement and reconciliation for T&M on Foreign Exchange, Money Market, Non-Deliverable Forwards products and CLS process.
Key Accountabilities
1. Provide end-to-end (holding the trade from inception to expiry) processing support to Treasury & Markets on Foreign Exchange, Money Market and Non-Deliverable Forward products across Singapore, Australia, China, Korea, Vietnam, Taiwan and Hong Kong.
2. Ensure accuracy and timeliness of trade validation, settlement, reconciliation, control checks, investigation and exception handling are being performed.
3. Provide end-to-end CLS control function to FX CLS processes across Singapore, Hong Kong and Korea entities.
4. Work on initiatives, process improvements and projects to enhance processes and productivity, take accountability to ensure successful implementation thereafter.
5. Perform data analysis and problem solving at SME level.
6. Proactively seek for opportunities to data discovery and insight.
7. Takes accountability and demonstrates commitment on exceptions and problem solving.
8. Embrace bank culture and values.
Responsibilities
- Perform exception checks on trade validation of Foreign Exchange, Money Market, Non-Deliverable Forwards trades against source documents / trade confirmation in Core system.
- Perform settlement for above mentioned Treasury products.
- Perform NDF Fixing procedures in Core system.
- Perform controls and completeness checks at specific timings.
- Monitor and handle end-to-end CLS process, including exception handling of unmatched/alleged trades, control checks and necessary follow ups and escalation.
- Ensures all reconciliation breaks or exceptions are investigated and resolved within stipulated turnaround time.
- Ensure all inquiries (email or SWIFT) related to pre and post-trade are effectively managed.
- Perform monthly brokerage reconciliation and payment.
Requirements
- Bachelor’s Degree or equivalent qualification with minimum 1 year of banking operation experience, preferably with product knowledge in Foreign Exchange, Money Market and Non-Deliverable Forwards products
- Experience in various operation functions which includes processing, reconciliation, settlements etc
- Strong PC skills in Microsoft Office, particularly in PowerPoint, Data Analytics, Design workflow
- Proficient in Business Intelligence Tools and programming will be an advantage (Example: Tableau, VBA, Python)
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
