Overview

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

  • Evaluate and develop collateral haircut, derivative margining methodology including the documentation, enhance risk analytics, collateral haircut parameters/margin requirements and its model implementation in line with industry standards
  • Promote collaboration and teamwork with Front Office and other relevant stakeholders (Cross Assets Product Specialists including dealers, structurers, portfolio managers etc.) to deepen their risk awareness and to assist them in risk mitigation strategies
  • Liaise and advise Front Office, stakeholders and senior management to deepen their risk awareness and to assist them in lending risk management decisions and action plans.
  • Provide advisory to Senior Management on Collateral Risk Management specifically on Product, Market and Regulatory and Strategic Risk matters.
  • Participate and lead product review and approval process as part of Functional Specialist Working Group
  • Identify and mitigate any gaps in current practices, processes and policies
    • Streamline and tighten existing BAU controls and ensure that, at a minimum, market best practices are observed
    • Perform process reengineering/reviews of processes to improve efficiency/productivity and customer experience
  • Partake re-engineering process as part of bank digital transformation journey including change initiatives and projects relating to market risk or risk management

Requirements:

  • University degree, preferably in fields of quantitative finance/financial engineering, financial risk management or equivalent
  • At least 10 years of relevant working experience in market risk (analytics) or collateral evaluation, preferably with private banking and wealth management experience.
  • Strong knowledge of financial products (cross asset classes) including investment products, financial derivatives and structured products with securities and collateralized lending experience.
  • Experienced in financial instrument valuation, margining, and risk models.
  • Collaborate and communicate effectively with diverse teams (cross entity) and multi-stakeholders, navigating different cultural norms, communication styles and complex requirements
  • Matured and experienced to deal effectively with senior managers, regulators, and executive committee members.
  • Excellent presentation and communication (verbal and written) skills
  • Strong analytical and quantitative skills
  • Proficient IT skills i.e. Python/SQL, MS Office Suite, Bloomberg/Refinitiv, Margin Man, Numerix. Good working knowledge in Business Intelligence tool (Power BI), strong Project Management such as Agile/Scrum and data science & advanced analytics are considered as advantages

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About

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.