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Manager, Derivatives, Global Market Operations, Group Technology & Ops

Posting Date:  26-Nov-2022

Singapore, SG

Company:  United Overseas Bank Limited

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

The Global Market function leverages our in-depth knowledge of markets to provide timely financial advice, products and solutions to our clients. Together with our segment managers, we manage our clients’ investment, liability and risk management needs through a comprehensive suite of treasury products and services across multiple asset classes.

Job Responsibilities

  • Support the processing and settlement of Over-The-Counter (OTC) Derivatives (both plain vanilla and structured) and structured deposits
  • Ensure that Global Market Dealers correctly book deals in Murex Global Markets Platform / Proxy
  • Ensure that manual deal tickets are accurately verified and captured on spreadsheets. 
  • Monitor and check fixings and payments
  • Check and authorize payments and accounting entries
  • Ensure that non-receipt/non-payment of funds are monitored, followed up and resolved
  • Review regulatory reports before submission
  • Liaise with PCG group with regards to MTM valuation specifically on non-system computed transactions.
  • Investigate on irregularities noted and escalate to Team Lead/Section Head
  • Investigate and resolve customer complaints, and operational issues brought to the team’s attention
  • Proactively support and partner with Global Markets to deliver quality service that exceeds customers’ expectations  

Job Requirements

  • Recognized Degree in any one or a combination of these specializations - Banking/ Finance/ Accountancy/ Computing
  • Minimum 3+ years of work experience in an Operations environment within a financial institution, preferably in derivatives products.
  • Candidates are required to be proficient in Microsoft office applications (Excel, Word). Preference will be given to candidates with advanced computing skills (VBA, SQL) and experience in automating processes, and handling and analyzing large and complex amount of data.
  • Possess strong communication and analytical skills
  • Highly driven and able to work under pressure

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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