MGR, Processing Officer, Money Market

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.

Job Description

To support Money Market processing:

• To manage the day to day operation of Money Market processing, specifically in ensuring Money Market trades done are executed in accordance with policies and regulatory requirements.

• Assist Team Lead in ensuring smooth administration of the team.

Key Functions / Responsibilities

Processing

• Trade Validation

– ensure trade details are validated against independent supporting documents

• Confirmation

– ensure accurate and complete trade confirmations are sent for all trades on timely basis

• Settlement

– ensure all manual settlements are processed on timely basis.

– all other settlement messages are sent out to the processing party timely and completion of settlement is monitored and checked for accuracy

• Event Monitoring and validation

– monitor all events for the product’s life cycle and validate trade events.

– ensure all event notices are sent on timely basis

• Reconciliation

– ensure all exceptions, outstanding issues are accounted for and reconciled or resolved timely. Review reconciliation items triggered by auto reconciliation process.

– Post accounting entries guided by accounting schema

• Reporting

- ensure all operations management and regulatory reports are well prepared and submitted on time for internal and regulatory requirement.

• Liaise with dealers on daily operations issues.

People

• Coach and guide junior staffs in carrying out their duties.

• Assist unit head and team lead in ensuring smooth administration of the team.

Risk and Controls

• Comply to all risks and control measures which are in place.

• Improve risk awareness in all processes and continuously improve operational controls.

Process Improvement

• Continuously reviewing the operational procedures and propose for process improvement.

• Liaise and work closely with Global Markets in order to improve services rendered to them.

• Liaise with departments and branches to streamline inter-departmental processes.

Document

• Prepare operations manual, workflow documents and update them periodically.

Product

• Participate in new product meeting and UAT.

• Review the operational requirements in terms of resources required to support new products.

Others

• Participate in system UAT and process development for system upgrades as well as enhancements.

• Handle any adhoc requirement or project from management.

• Relief duties for other officers when necessary.

Job Requirements

• Degree in Banking/Finance or related discipline
• 5 years of experience in treasury settlement operations and/or funding operations.
• Proficient in MS Office applications
• Good working knowledge of Excel and macro functionalities
• Analytical and meticulous attention to details.
• Able to withstand pressure and long hours
• Possess strong interpersonal skills and manage stakeholders
• Positive attitude, self-driven with good work ethic.
• Highly driven and able to work under pressure.
• Strong communication skills and team player

Additional Requirements

Be a Part of the 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.

Apply now and make a Difference