Business Function

DBS Bank is seeking a highly motivated and experienced individual to join our Global Financial Markets Operations team in Singapore as a Senior Associate or Assistant Vice President. This role is crucial in ensuring the efficient and controlled end-to-end settlement of Bonds and Repos across global markets. The ideal candidate will possess a strong risk control and analytical mindset, coupled with a deep understanding of fixed income products and securities financing.

Job Responsibilities:

Core Settlement:

Primarily support the Global Financial Markets business by managing the end-to-end settlement process for Bonds and Repos across all global markets.
Perform thorough validation of all Bond/Repo trades against source documents to ensure accuracy and compliance.
Prepare and dispatch accurate and timely settlement instructions to custodians across multiple international markets.
Proactively monitor settlement flows, anticipate potential issues, and swiftly resolve exceptions such as failed trades and mismatches to ensure smooth operations

Control and Exception Management:

Investigate and resolve potential failed trades, discrepancies, and outstanding items with a strong control mindset, identifying root causes and implementing preventative measures.
Ensure strict adherence to regulatory requirements and internal Standard Operating Procedures (SOPs) to effectively mitigate operational risk.
Actively engage with managers to contribute ideas and develop innovative solutions for enhancing risk management frameworks and practices.
Process Improvement & Operational Excellence:
Provide robust support and consistently deliver high service levels to all stakeholders and internal/external clients.
Leverage data analytics and support a data-driven operating model, utilizing tools like Value Map, to drive pre-defined outcomes and strategic objectives.
Continuously identify and implement opportunities to simplify workflows, reduce manual touchpoints, and enhance overall operational efficiency and effectiveness.
Maintain and regularly update SOPs and all process documentation to reflect current practices and ensure operational transparency.

Job Requirements:

Proven experience in financial markets operations, specifically in Bonds and Repos settlement.
Strong product knowledge of Bonds and securities financing trades.
Demonstrated risk control and impact analytical mindset, with the ability to foresee potential issues and proactively implement solutions.
Ability to quickly learn and adapt to new infrastructure environments and evolving market practices.
A proactive and initiative-taking individual who can drive important priorities forward to achieve desired outcomes in risk control and project deliverables.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with team members and stakeholders.
A commitment to fostering a workable and friendly work environment.
Ability to balance daily operational tasks with a continuous focus on process improvement.

Location:

DBS Asia Gateway

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

Assoc, Investment Operations Specialist, Global Financial Markets Operations, Group COO