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.

Responsibilities:

  • Manage front office risk activities (credit and collateral) supporting Securities Finance Trading products (SBL, Delta 1, Repo)

  • Support new business acquisition efforts – perform portfolio analysis and counterparty credit review

  • Lead new client/counterparty/product approval proposals to Enterprise Risk; negotiate terms/notional limits

  • Input on legal negotiation – own decision rights on collateral and counterparty credit risk-related terms

  • Work with Enterprise Risk to establish risk framework, risk appetite and limits for Securities Finance business

  • Design and maintain collateral eligibility criteria in line with Enterprise Risk framework and policy; implement and monitor compliance with tri-party collateral agents; conduct regular reviews and update of eligibility criteria in-line with changing market conditions

  • Support business expansion initiatives (new collateral types, new counterparty types, new jurisdictions)

  • Coordination with Operations and Client Services to ensure daily collateral adequacy and margins requirements are met

  • Conduct close and continuous monitoring on counterparty credit standing and event impact analysis, lead outreach and regular risk update calls with clients and counterparties

  • Establish and maintain collateral liquidation and counterparty unwind playbook; participate in regular stress-testing and counterparty default exercise to maintain operational readiness

  • Lead person for counterparty wind-down and collateral liquidation process; centrally coordinate with Client Service, Operations, Enterprise Risk, Legal, execution desks, custodians and tri-party collateral agents to unwind collateral portfolio

Requirements :

  • 10-15 years hands-on experience as front-office aligned financing or securities lending collateral and counterparty risk management; practical experience with actual counterparty unwind highly desired

  • Numerical and detail oriented; must have working in-depth knowledge of various risk measures (eg VAR, PFE)

  • Practical and solutions-focused; able to advocate for business opportunities while balancing the need for effective risk management

  • Effective communication and negotiation skills essential; must demonstrate track record of operating effectively between business/revenue units and broader enterprise risk stakeholders

  • Ability to calculate and present potential capital impacts (RWA, leverage, liquidity) of new business opportunities highly desired

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 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.