Fixed Income Operations Specialist, Senior Associate Role
7 days ago
Company Overview
DBS Bank Limited is a leading financial institution that enables and empowers its clients with efficient, nimble, and resilient infrastructure. The bank's Group Technology and Operations (T&O) division plays a crucial role in managing operational processes and inspiring delight among business partners through various delivery channels.
Job Description
In this role as Fixed Income Operations Specialist, Senior Associate, you will lead the team on Fixed Income Products settlement process and reconciliation control. You will provide robust support for E2E processing of Fixed Income Products, including New Issuance, and be responsible for E2E processing, smooth completion, and settlement of daily operations for Bonds/Repos.
You will authorise payment and delivery instructions for MT2XX and MT5XX swift messages, perform validation for all Bond/Repo trades against source documents in Murex &/or Front Arena system, execute pre-settlement confirmation with counterparties, and liaise with local T&M branches, CBG, WMO or Common Depository on fixing or settlement, where necessary.
You will also perform month-end bond holdings reconciliation between Murex and Custodians/Common Depository, ensure compliance to general banking/statutory requirements and internal & regulators compliance, provide robust support and consistently high service levels for stakeholders/clients, engage with managers to contribute ideas and solutions on risk management area, and participate in UAT on ad hoc basis for system enhancement and Business project.
Required Skills and Qualifications
- Minimum 5 years of relevant experience in Treasury Operations.
- Strong domain knowledge and work experience on Treasury products and associated process life cycle.
- Strong risk and control mindset on settlement process flow.
- Ability to debug problem caused by hardware, operating system software, application programs, or network failure.
- Team player with a positive attitude to motivate team members towards meeting and achieving goals.
- Knowledge on market and industry requirements for securities settlement and issuance of Debt Securities Instruments (New Issue) including Repo transactions.
- Familiarity with other derivative product(s) that may be embedded in the Notes structure(s).
- Knowledge on Swift Messages format and creation.
Estimated Salary:$120,000 - $150,000 per annum
Benefits
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
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