Job Description

Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank\'s operational processes and inspire to delight our business partners through our multiple banking delivery channels.

We are looking for candidates who are highly motivated and a team player to support T&M on Collateral Management and Client Valuation. Candidate will be part of the DDOM journey towards Transformation and Digitisation

Key Accountabilities

• Supporting ETE collateral management process for OTC derivative products
• Issuance of client valuation per SLA
• Monitor and raise any issues per escalation matrix in accordance to risk management policies
• Support new products initiatives on existing/new system capabilities

Responsibilities

• Collateral Operations:

• Ensure margin call process are in accordance to CSA/GMRA/GMSLA/PAD agreement
• Manage bilateral margin call process, including calculations, issuance, receipt, agreement and settlement of margin calls in an accurate and timely manner
• Manage Regulatory Initial Margin call process via triparty custodian
• Manage OTC cleared margin call process with clearing brokers and clearing houses
• Manage dispute resolution in accordance to established protocol and escalation procedures
• Support overseas entities on collateral management process
• Handle process exceptions, such as non-receipt of payments and no response to margin call
• Work on collateral process improvement to increase automation index
• Support business on collateral management data analysis
• Liaise with Front Office and Middle Office to implement new collateral product
• Client Valuation:

• Provide MTM valuation on OTC derivatives and structured products to Treasury & Market (T&M) clients in an accurate and timely manner
• Provide MTM valuation report to overseas offices
• Provide prices on DBS traded / issued bonds and structure products
• Handle audit certification request from internal and external parties
• Perform daily trade portfolio reconciliation
• Support MAS Regulatory Statement (Reg40) distribution
• Handle client digital channel onboarding

Requirements

• Preferably Degree holder in Banking and Finance
• Minimum 1-3 years operations experience, especially in collateral and valuation management
• Familiar with OTC derivative product and valuation
• Proficient in MS Excel and MS Access or VBA and Python are added advantage
• Team player who can work independently
• Able to work in fast paced environment
• Willing to work on splits Ops locations
• Ability to work in a fast-paced environment and drive required outcome
• Possess a curious mind to constantly look for improvements

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

DBS Bank