company-logo-image

VP/AVP, Collateral Management, Global Financial Markets Operations (GFMO), Group COO

ashley-avatar-image

AI-generated summary

beta

This job is about leading the collateral management team in a global bank. You might like this job because you'll make key decisions that impact financial operations and drive improvements while working with a dynamic team and innovative technologies.

Undisclosed

Singapore-DBS Asia Hub, Central

Job Description

 

Business Function

Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Key Accountabilities

  • Oversee ETE collateral management/process for OTC derivative products
  • Review Risk and Control, completeness of daily processes
  • Monitor and raise any issues per escalation matrix in accordance with risk management policies
  • Support new products initiatives on existing/new system capabilities

 

Responsibilities

  • Oversee daily margining call process are in accordance with CSA/GMRA/GMSLA/PAD agreement
  • Oversee bilateral margin call process, including calculations, issuance, receipt, agreement and settlement of margin calls in an accurate and timely manner
  • Oversee Regulatory Initial Margin call process via triparty custodian
  • Oversee OTC cleared margin call process with clearing brokers and clearing houses
  • Oversee dispute resolution in accordance with established protocol and escalation procedures
  • Oversee overseas entities on collateral management process
  • Review process exceptions, such as non-receipt of payments and no response to margin call
  • Work on collateral process improvement to increase automation index
  • Support business on collateral management data analysis
  • Liaise with Front Office and Middle Office to implement new collateral product

Requirements

  • Bachelor’s Degree in Finance, Banking, Business with minimum 8 years operations experience, especially in collateral management
  • Familiar with OTC derivative product and Margining Agreement CSA/GMRA/GMSLA etc
  • Relevant experience in People Management, ability to work in a fast-paced environment and drive required outcome
  • Team player with excellent communication skill
  • Possess a curious mind to constantly look for improvements
  • Proficient in MS Office Applications

 

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...
Upload Resume