Global Markets ALM Collateral Funding & Repo Closed
OCBC · Singapore · Full-time
Quick Summary
- Manage collateral and funding risks within established frameworks.
- Assist the Senior Dealer in daily pricing and risk management.
- Negotiate and motivate internal and external stakeholders.
Job Insights
Full Description
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
.
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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