Toa Payoh - Associate/Analyst, Investment Operations - Collateral Specialist, Global Financi
The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance.
The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.
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.
Global Financial Markets Operations (GFMO) 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.
Key Accountabilities- Supporting ETE collateral management process for OTC derivative products
- Issuance of Margin calls 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
- 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 tri-party 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
- Bachelor’s Degree in Finance, Banking, Business
- Minimum 3-5 years operations experience, especially in collateral and valuation management
- Familiar with OTC derivative product, collateral management and derivative clearing process
- Team player with excellent communication skill
- Ability to work in a fast-paced environment and drive required outcome
- Possess a curious mind to constantly look for improvements
- Proficient in MS Office Applications
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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.