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.

Why Join

Enjoy a dynamic role at the heart of OCBC’s Global Markets. You will contribute to the smooth functioning of our funding and collateral operations. This role offers direct exposure to market dynamics and the opportunity to hone your skills in asset liability management (ALM) and repo markets. Be part of a high-performing team in an award-winning division and build a strong foundation for your career at OCBC.

How you succeed

Succeed by proactively managing collateral and funding risks within established frameworks. You will need to collaborate effectively with trading, sales, and technology teams. Focus on maintaining accuracy in our systems and ensuring adherence to regulatory requirements. Anticipate potential funding pressures and propose solutions to optimise collateral usage and maintain stable funding profiles.

What you do

  • P&L generating role in Front Office

  • Assist the Senior Dealer in the day to day running of the desk, which includes the daily pricing and risk management of the Rates, Credit and Specials Repo portfolios

  • A self-starter with the ability and skillsets to undertake various initiatives related to the enablement of triparty platforms/custodians and external dealing platforms and solutions with the aim to scale up the repo and secured lending businesses 

  • Strong interest to build a career in the area of secured lending and collateral optimization

  • Ability to deal independently with Repo counterparties in the broker market and comfortable making 2 way markets promptly

  • Active risk management with the potential to eventually own an individual Repo portfolio

  • Responsive and client-focused to deliver not just accurate prices to clients but also to add value by suggesting alternative structures that would suit their interests better

  • Clear communicator with the ability to negotiate and motivate various internal and external stakeholders, working closely with Sales, Trading, Credit and Market Risk, Treasury Operations, Legal, IT, Compliance etc.

  • Scrutinizing and understanding legal documentations like new trading agreements, and regulatory documentations like UMR, SFTR, BASEL III etc.

  • Innovate and identify new revenue streams and cost savings by optimising and redeploying collateral across the firm

  • The opportunity to implement new ideas in an area that is undergoing significant progress and change within the industry (due to new regulations and increased relevance)

Requirements:

Skills and Experience:

  • Good Degree from a recognised institution (quantitative finance degrees are an advantage)
  • Some experience from working in a front office dealing environment would be ideal, preferably in repo, money market and/or fixed income products
  • Strong knowledge of coding/programming languages and the understanding of systems logic and process flow is an advantage
  • Strong risk management mindset with no prior limit breaches
  • Familiarity with legalese will allow the successful candidate to contribute actively on more bespoke products and processes

Competencies

  • Forward thinker that embraces and leverages on technological advancements and solutions to bring about breakthrough and changes to current processes to meet the demands of the fast moving collateral optimisation landscape
  • Systems and Process Thinker who can break down complex operational constraints and processes and look for efficient methods solve them independently
  • Strong negotiator who can persuade and sell new ideas internally, and obtain the best prices externally
  • Independent thinker who questions existing practices and does not take information at face value
  • Collaborative and team player within a lean team
  • Perseverance and tenacity are key attributes that will allow the successful candidate to thrive in this role

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Who you are

Skills and Experience:

  • Good Degree from a recognised institution (quantitative finance degrees are an advantage)

  • Some experience from working in a front office dealing environment would be ideal, preferably in repo, money market and/or fixed income products

  • Strong knowledge of coding/programming languages and the understanding of systems logic and process flow is an advantage

  • Strong risk management mindset with no prior limit breaches

  • Familiarity with legalese will allow the successful candidate to contribute actively on more bespoke products and processes

Competencies

  • Forward thinker that embraces and leverages on technological advancements and solutions to bring about breakthrough and changes to current processes to meet the demands of the fast moving collateral optimisation landscape

  • Systems and Process Thinker who can break down complex operational constraints and processes and look for efficient methods solve them independently

  • Strong negotiator who can persuade and sell new ideas internally, and obtain the best prices externally

  • Independent thinker who questions existing practices and does not take information at face value

  • Collaborative and team player within a lean team

  • Perseverance and tenacity are key attributes that will allow the successful candidate to thrive in this role

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.