Job Description

Singapore Collateral Operations provide collateral management support for Global Markets business to mitigate counterparty credit risk from transactions with our clients and counterparties based in APAC. The team covers range of products including OTC Derivatives, Fixed Income, Exchange Traded Derivatives and Prime Finance.


The primary responsibility is to both issue and fulfill margin calls in a timely manner, up to and including settlement using the appropriate checks and controls to ensure the bank is correctly collateralized at all times. It is also the team's responsibility to assist clients with their inquiries while escalating any issues impacting accurate collateralization to key stakeholders including risk, business and technology.

Responsibilities

Monitor and ensure margin settlements Process and settle cash and non-cash collaterals in an accurate and timely manner Monitor clients' and affiliates exposure and Process margin calls in a timely manner before settlement cut-off Liaise with clients and internal business partners to resolve issues Identify anomalies and ensure complete and timely issue resolution Perform management reporting Participate in technology enhancement initiatives, projects and UATs Maintain strong relationships with clients and internal business partners Handle regulatory and audit requests

Requirements

Strong experience in one or more of the following areas: Exchange Traded Derivatives, Prime Finance, OTC Derivatives or Fixed Income. Prior experience in Collateral Management is an advantage Strong communication skills, risk and control mindset and leadership skills Independent and motivated to excel Experience in institutional client service Experience in handling regulatory and audit requests * Experience in handling complex margin dispute and issue resolution