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AVP/Senior Associate, Fixed Income Operations Specialist (FICC - Bond Team), Global Financial Markets Operations (GFMO), Group COO

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This job is all about managing the smooth settlement of Bonds and Repos in the financial markets. You might like this job because you'll use data analysis to improve workflows while ensuring compliance and mitigating risks in a fast-paced environment.

Undisclosed

Singapore-DBS Asia Hub, Central

Job Description

 

Business Function

GFM Operations - GFM Ops operates as a Regional Processing Centre (Hub & Spoke) supporting GFM businesses in the region. The hub and spoke model allow GFM business to scale up while remaining agile in product and service offerings in the fast, evolving market environment. As GFM business expands product offerings in the region coupled with the dynamic regulatory environment, GFM Ops leverages on this unique advantage to continue to standardize processes to manage processing risk and to facilitate automation as well as governance of service level and quality.

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.

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

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

 

 

 


Job Requirements


Company Benefits

Comprehensive Medical Benefits

We provide a variety of medical coverage for our employees.

Low Interest Rate Loans

We give low interest rates for our employees!

FlexiBenefits

We provide FlexiBenefits for our employees to ensure their work-life balance!


Additional Info

Experience Level

0 - 10 Years of Experience

Job Specialisation


Company Profile

DBS Bank-logo-image

DBS Bank

OUR ROOTS AS A DIFFERENT KIND OF BANK Born with a mission unlike any other, we were founded with a unique purpose to help develop a young nation. Since then, we've grown alongside Singapore to become Best Bank in the World. Be it our successes or war stories, the untold moments or widely-celebrated ones, or the bonds we've built within and beyond our bank — here, we aim to preserve these memories that capture who we...
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