AVP, Investment Operations Specialist (Settlement & Reconciliation), Global at DBS Bank

Singapore, Singapore, Singapore -

Full Time

Start Date

Immediate

Expiry Date

24 Jul, 26

Salary

0.0

Posted On

25 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment operations, Settlement, Reconciliation, Exchange-traded derivatives, Trade capture, Funding, Delivery lifecycle management, Margin calls, Exposure limits, Standard operating procedures, Process automation, Stakeholder management, VBA, Data analysis, Operational risk management

Industry

Banking

Description

Business Function GFM Operations - GFM Ops operates as a Regional Processing Centre (Hub & Spoke) supporting GFM businesses in the region. The hub and spoke model allow GFM business to scale up while remaining agile in product and service offerings in the fast, evolving market environment. As GFM business expands product offerings in the region coupled with the dynamic regulatory environment, GFM Ops leverages on this unique advantage to continue to standardize processes to manage processing risk and to facilitate automation as well as governance of service level and quality. Key Accountabilities - Perform end-to-end post trade operational processes for exchange traded derivatives products, ensuring accurate trade capture, processing funding, reconciliation and delivery lifecycle management within SLAs and in accordance with established procedures - Support new business initiatives and product expansion, ensuring operational readiness and robust control frameworks - Support operational excellence and control enhancements, including participation in strategic initiatives such as reconciliation platform transformation, process automation and continuous improvement of post-trade workflows Responsibilities - Execute daily operations processes for exchange-traded derivatives, ensuring timely and accurate processing in accordance with service level agreements. - Validate and reconcile exchange-traded products against internal records and clearing broker statements, including maintaining correct settlement prices and monitoring options expires - Process margin calls and withdrawals with clearing brokers and maintain oversights of exposure limits - Provide timely and effective support and services to internal clients and stakeholders - Ensure strict adherence to all internal controls and procedures; and maintain up-to-date Standard Operating Procedures (SOPs), and support audit and control requirements - Contribute to the development and implementation of new systems, products, and markets by supporting operational setup, process and control design, service readiness, and establishing service levels. Participate in user testing, process reviews, and system implementation activities related to transformation activities. - Support ad-hoc business and operational tasks and projects related to exchange-traded derivatives products Requirements - Bachelor's degree (or equivalent) with at least 4 years of experience, preferably within global markets, derivatives, futures brokerage or investment banking. - Knowledge of exchange-traded derivatives and post-trade operations, with familiarity in middle or back-office control processes - Exposure to systems, process improvement or automation initiatives (e.g. VBA, data analysis) would be advantageous - Effective communication and stakeholder management skills, a team player, with availability to work in Singapore Public Holidays (rotational basis) 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. Location: DBS Asia Hub Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Execute end-to-end post-trade operational processes for exchange-traded derivatives, including trade capture, reconciliation, and margin management. Support operational excellence through process automation, system implementation, and adherence to internal controls and service level agreements.