Officer, Apac Etd Reconciliation Ops, Global Markets Operations

1 day ago


Singapore Bank of America Full time

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us

The department has a Market Operation which comprises of Clearing, Deliveries (manages Life Cycle events), Reconciliation, Regulatory / Exchange and Process Control, Data Control, Static Data, Clearing Infrastructure Solution and Strategy. This structure is replicated globally in AMRS and EMEA, processing trading activity over 60+ global exchanges either through direct clearing memberships or third party brokers.

**Role Description**
- Responsible for reconciliation activities across APAC exchanges supported from Singapore, which include:

- Oversight of reconciliation activities
- Manage sub-ledger corrections
- Act as escalation point for issues raised by the L1 reconciliation team
- Client money break reporting
- MIS reporting
- Break management and escalation
- Investigate breaks and issues raised
- Continuous Improvement of the Operating Environment with regards to Straight-Through-Processing, Risk and Control
- Partner with key internal stakeholders to support strategy and policies, including new business initiatives, development and implementation of new processes and controls
- Ensure compliance of reconciliation operations to internal policies and relevant rules and regulations
- Engage with Operation and Technology teams, including Global Business Services (GBS), to ensure smooth reconciliation operations
- Owning risk agenda for ETD, including governance, control and process reviews
- Ability to connect with other regions within Global Market Operations and Compliance to ensure consistent awareness of changing regulatory environment

**Required & Preferred Skills**
- Excellent communication, effective with peers and senior management
- Strength in identifying and implementing solutions for process improvement
- Attention to details and strong analytical abilities to interpret and resolve complex issues and queries
- Promote collaboration within Global Market Operations to achieve desired results as a group
- Proficient in exchange traded derivatives and related client money regulations
- Futures industry experience working for a FCM, Exchange, Clearing House or Regulator
- Experience using SunGard GMI system is preferred, as well as experience with reconciliation systems

**Other Qualifications**:

- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
- Excels in working among diverse viewpoints to determine the best path forward
- Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
- Commitment to challenging the status quo and promoting positive change.
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world



  • Singapore Bank of America Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to...


  • Singapore Bank of America Full time

    **What you can expect** A role exists for a highly motivated, industry established, professional within the Exchange Traded Derivatives Operations, who is looking to further expand an already successful career in the field of Exchange Trade Derivatives. The department has a Market Operation which comprises of, Clearing, Deliveries, Regulatory / Exchange and...


  • Singapore Bank of America Full time

    **Your background** - Global Markets Operations Experience: 5+ years, preferably some experience in collateral operations, exchange traded derivatives operations, or risk and control - A risk mindset and an understanding of thematic regulatory interest. - Individual contributor with a strong control mindset with the ability to support and challenge the...


  • Singapore Julius Baer Full time

    At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together. GENERAL DESCRIPTION The Securities (Equities/Exchange Traded Derivatives/Structured Products (EQ/ETD/SP)) Execution...


  • DBS Asia Gateway, Singapore at DBS Full time $104,000 - $130,878 per year

    Senior Associate/Associate, Reconciliation Team, Global Financial Markets Ops (GFMO), Group COO - (WD Business Function Group Operations enables and empowers the bank with efficient, nimble and resilient processes through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the...


  • Singapore Bank of America Full time

    **Your background** **Required Skills**: - Excellent communication, effective with peers and senior management - Strength in identifying and implementing solutions for process improvement - Proficient in the Law, Rule and Regulation (LRR) for APAC markets, especially on Non-Financial Regulatory Reporting (NFRR) Preferred Skills - Futures industry...


  • Singapore FNZ Full time

    Role Description FNZ is an asset custodian. This means we hold client assets in our names as nominee and are responsible for the administration of those assets. As part of the administration function FNZ have a duty to have robust control processes are in place and working effectively to ensure platform functionality/accuracy. Reconciliations is an integral...


  • Singapore UBS Full time

    Singapore - Operations - Group Functions **Job Reference #** - 264912BR **City** - Singapore **Job Type** - Full Time **Your role** - Role Name: Reconciliation Specialist- Perform operation activity related to Depot, Nostro and Inter-system reconciliation across various products and business areas - Investigate, allocate or resolve all the breaks...


  • Singapore UOB Full time

    Vice President, Global Markets Operations, Group Technology & Ops Join to apply for the Vice President, Global Markets Operations, Group Technology & Ops role at UOB About UOB United Overseas

  • Etd Change Analyst

    1 day ago


    Singapore Hays Full time

    **Your new company** This is a well-known global investment firm with a strong reputation in the Financial Services Sector. **Your new role** As a member of the team, you are required to work with BAU teams to identify and agree user requirements for strategic Cleared Derivatives architecture solutions. Also to track UAT status including schedules,...