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
- Provide end-to-end operational support for Global Markets products, including but not limited to Foreign Exchange, Money Market, Derivatives, Fixed Income, Precious Metals, Structured Products, and other newly launched products.
- Ensure timely and accurate daily submission of OTC derivatives trade reporting to HKMA. Investigate and liaise with counterparties to resolve unlinked / unmatched transactions.
- Prepare and submit regular and ad-hoc reports to relevant parties (e.g. BASEL reporting, RMB Returns, BIS Survey, statistics report).
- Consolidate funding movement for Global Markets to support nostro account balance projection and ensure funding requirements are met.
- Perform reconciliation for nostro and suspense accounts, brokerage invoices, and investment holdings (e.g. unit trust, equities)
- Process corporate actions and settlement of order executions
- Monitor and escalate alert from Fircosoft Message Filtering (AML system).
- Ensure compliance with regulatory requirements and internal audit standards.
- Handle enquiries, investigate discrepancies, and co-ordinate with counterparties, Front Office and Head Office counterparts on Treasury-related issues.
- Support Team Lead in maintaining Standard Operations Procedures (SOP) for Global Markets Operations.
- Support ad-hoc projects or tasks as assigned.
Job Requirements:
- Degree in Business Administration, Finance, Commerce or related discipline.
- Minimum 1 years’ relevant experience in related field.
- Hands-on experience with Global Markets Operations processes.
- Knowledge about related regulations, market infrastructure, industry norms, central clearing & risk mitigation regime, clearing and settlement mechanism on both local and international depository platforms, default penalties, common tax rules, usage of ISDA/CSA/GMRA, collateral management etc.
- Willing to learn, able to work independently and effectively under pressure arisen from workload and time constraints.
- Knowledge of SWIFT, RTGS and eMBT /eCMT usage, and payment in both MT and MX formats is a must.
- Proficient in Microsoft applications, Excel formula and VBA macro is preferrable.
- Good communication skills, proficient in both English, Chinese & Mandarin
Additional Requirements
Develop, Engage, Execute, StrategiseBe 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
Skills Required
- Degree in Business Administration, Finance, Commerce, or a related discipline
- At least 1 year of relevant experience in a related field
- Hands-on experience with Global Markets Operations processes
- Knowledge of relevant regulations, market infrastructure, industry norms, central clearing, risk mitigation, clearing and settlement mechanisms, default penalties, tax rules, ISDA, CSA, GMRA, and collateral management
- Knowledge of SWIFT, RTGS, eMBT/eCMT, and payment processing in MT and MX formats
- Proficiency in Microsoft applications and Excel formulas
- Good communication skills and proficiency in English, Chinese, and Mandarin
- VBA macro experience
- Ability to work independently and effectively under workload and time constraints
What We Do
We’re here to do Right By You. At UOB, we aspire to build a better future for the people and businesses in the region. Through our extensive network and suite of capabilities, we offer financial solutions to the people and businesses within, and connecting with ASEAN. We create solutions tailored to your unique needs through data and relationship-led insights. Our comprehensive regional network and one-bank approach connects your business to new opportunities in ASEAN. We help businesses to advance responsibly and guide personal wealth to grow sustainably. We foster inclusiveness and environmental well-being for stronger societies. This is how we stay committed to forging a sustainable future for generations to come. Note: For the terms of use of our LinkedIn channel, please visit: https://go.uob.com/socialmedia
