Overview

Securities Operations

Settlement Officer- Securities Operations – (2500004Q)

Description

 

Responsibilities:

  • Ensure all transactions are accurately processed and verified according to the bank operational procedures and policies
  • Ensure no disruption in daily BAU in terms of accuracy and timeliness to meet Service Level Indicator as established with Business
  • Ensure timely review of daily reports to ensure prompt action to be taken
  • Updating of daily tracker and follow up for status and pending items
  • Daily reconciliation on Nostro and depot
  • Identify, escalate any key risk areas within the process and suggest recommending solutions to mitigate risk.
  • Update any procedures in response to process changes or regulatory changes, control guidelines and compliance framework
  • Handle Ad-Hoc Project as assigned

 

Qualifications

 

  • Diploma or higher with at least 5 years of working experience in banking operation with a focus on settlement
  • Strong communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams
  • Ability to plan and prioritize the daily work to achieve efficient and effective management of time and has exceptional attention to detail ad accuracy in data entry and documentation
  • Be able to work well with all associates and actively promote a cohesive working environment
  • Ability to work effectively under pressure and meet tight deadlines
  • Proven track record of process improvement and project management initiatives
  • Sound knowledge of regulatory requirements and industry best practices
  • Proficiency in technical skill like VBA, Python and data analysis is a plus

In addition to the responsibilities highlighted, the individual may also be required to perform other work-related duties as assigned by his/her supervisor

 

Primary Location

: Singapore

Job

: Operations Admin

Organization

: Securities Operations

Schedule

: Permanent

: Full-time

Job Posting

: 04-Feb-2025, 6:04:31 AM

Tagged as:

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.