Assistant Vice President, Global Markets Operation Group - Derivatives

Job Responsibilities:

• Manage and support the overall operations such as but not limited to derivatives processing, confirmation and fund settlement, and effective control of the group related transactions.
• Lead the derivatives team.
• Investigate and report discrepancies and irregularities arising from transactions and resolve issues including handling stakeholder’s complaints and escalating all issues promptly.
• Introduce effective risk management control features and policies to minimize errors and clerical mistakes taking in consideration our Bank’s policies and procedures.
• Assist Group Head and Deputy Head in manpower planning and staff development for the group including staff appraisals.
• Ensure group operates in accordance with local laws and regulations, Head Office policies and branch procedures.
• Govern and control activities offshored.
• Ensure prompt submission of statistical reports to local management, Head Office, and MAS.
• Take note of recommendations and/or comments made by MAS/External/Internal/Head Office auditors and make appropriate checks on implementations.
• Ensure staff are well versed with BCP procedures and processes to participate in regular BCP drills.

Requirements:

• Degree in Banking & Finance or equivalent
• More than 5 years relevant experience in derivatives processing, confirmation, and fund settlement, and 1-2 years of experience as a team lead.
• Possess critical thinking skills, and able to link diverse information to build a full picture and spot inconsistencies.
• Meticulous, attention to detail with a risk and control mindset.
• Good oral & written communication skills, and strong inter-personal skills
• Reliable team lead and team player, who is able to work with a diverse group of people.
• Keen and proactive learner.
• Effective time management skills, ability to work under pressure and meet cut-off times.