Overview

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.

Job Summary:

As a Securities Finance Operations Specialist, you will play a critical role in the end-to-end processing and management of securities finance transactions including securities lending, borrowing, repo, and collateral management. You will ensure operational efficiency, risk mitigation, and compliance with regulatory requirements while collaborating closely with front office, risk, legal, and technology teams. We are looking for professionals with strong technical knowledge of securities finance products and proven operational expertise in a banking environment.

Key Responsibilities:

  • Transaction Processing:

    • Oversee the daily processing of securities lending, borrowing, and repurchase agreements (repo) transactions.

    • Ensure accurate and timely settlement of trades, reconciliation of positions, and resolution of discrepancies.

  • Collateral Management:

    • Manage collateral movements, margin calls, and substitution requests in line with internal policies and regulatory requirements.

    • Monitor collateral valuations and ensure appropriate collateral coverage and haircuts are applied.

  • Risk and Compliance:

    • Identify and escalate operational risks and exceptions in securities finance activities.

    • Ensure adherence to regulatory guidelines (e.g., SEC, MAS, HKMA) and internal controls.

    • Support audit and regulatory reviews by providing necessary documentation and explanations.

  • Process Improvement:

    • Drive initiatives to enhance operational efficiency through automation, process redesign, and technology adoption.

    • Collaborate with IT and business stakeholders to implement system enhancements and resolve operational issues.

  • Stakeholder Management:

    • Act as a liaison between front office, middle office, risk, legal, and external counterparties to ensure smooth transaction flow.

    • Provide timely and accurate reporting to management and external parties as required.

  • Team Leadership:

    • Mentor junior team members and oversee their daily activities to ensure high-quality output.

    • Participate in training and development programs to upskill the team.

Qualifications and Skills:

  • Bachelor’s degree in Finance, Business, Economics, or related field.

  • 5+ years of experience in securities finance operations, preferably within a bank or financial institution.

  • Strong understanding of securities lending, borrowing, repo transactions, and collateral management.

  • Knowledge of relevant regulations and market practices in securities finance.

  • Proficiency in trade lifecycle management, settlement processes, and reconciliations.

  • Excellent analytical, problem-solving, and communication skills.

  • Ability to work under pressure, manage multiple priorities, and meet tight deadlines.

  • Able to work on weekends and Public holidays when required

  • Strong attention to detail and commitment to operational excellence.

  • Leadership experience or potential to lead a team is 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.

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its 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.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.