Derivatives Support Officer – Documentation and Reconciliation (6-Month Con at Oversea Chinese Banking Corp

Singapore, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

22 Feb, 26

Salary

0.0

Posted On

24 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Documentation, Reconciliation, Analytical Skills, Communication, FX Derivatives, Equities Derivatives, Risk Management, Temenos, Regulatory Reporting, Microsoft Excel, VBA, Problem Solving, Attention to Detail, Trade Execution, Stakeholder Management, Control Functions

Industry

Banking

Description

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? 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. 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. Derivatives Support Officer – Documentation and Reconciliation (6-Month Contract) Why Join As a Trading Operations Specialist at OCBC, you'll be at the heart of our trading operations, ensuring seamless execution and settlement of trades. You'll work closely with our traders, sales teams, and other stakeholders to provide top-notch support and drive business growth. It's a challenging and rewarding role that requires attention to detail, strong analytical skills, and excellent communication. How you succeed The incumbent will be responsible for post execution support for OTC derivative products across FX, Equities derivatives and Rates, mainly focusing on documentation and reconciliation. This is also a control function role requiring the incumbent to work closely with Trading Desks, external counterparties, 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. What you do Documentation Perform validation on long form ISDA confirmation for FX derivatives and Equities derivatives products received from counterparties against our trade booking in T24 core system Liaise with counterparties/internal stakeholders for any trade discrepancies Daily update tracker and monitoring of non-receipt of confirmation from counterparties and escalation where applicable Update weekly control report to ensure our documentation control aligned with KRI Reconciliation and reporting Perform inter-system and position reconciliations Investigate any recon breaks flagged and escalate to the relevant parties where necessary Perform daily validation and enrichment of derivatives reporting for MAS (DTCC) and HKMA (HKTR) Collateral management Reconcile and manage BOS cash collateral with counterparties Liaise with risk team in the event of disputes arising from calling / top-ups of collateral Change Management Identify control gaps and work with team to review process efficiency and deliver improvements Participate in project deliveries and UAT where nominated by line manager Ad Hoc Manage any ad hoc assignments delegated by line manager Who you are Minimum of 2 years in OTC derivative products space in either FX, Rate and/or Equities Derivatives Prior experience in documentation preferred Experience working with counterparties and internal stakeholders (settlements/traders/bankers) Knowledge of Temenos and regulatory reporting platforms preferred Degree or Diploma qualified Strong Microsoft Excel skills – VBA preferred What we offer: 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. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. 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 Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The incumbent will be responsible for post-execution support for OTC derivative products, focusing on documentation and reconciliation. This role requires collaboration with Trading Desks, external counterparties, and Settlements to manage the bank’s risk.