As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Job Summary:
We are looking for a dynamic individual to join the Balance Sheet Management team within Corporate Treasury. The candidate will be part of the team that analyses the Bank’s balance sheet trends, recommends balance sheet strategies and reviews plans to safeguard contingency liquidity.
You will be proactively involved in balance sheet discussions, and that includes keeping abreast of industry trends and regulatory developments and interaction with internal stakeholders. You will help to provide Secretariat support to the Group’s Asset and Liability Committee and Funding Strategy Committee. There will be opportunities to develop new initiatives and participate in cross functional projects.
What you will be doing:
Analyse balance sheet trends, assess resource markers, estimate the impact to profitability, and track balance sheet strategies
Commercial Book Interest Rate Risk management and strategy formulation
Coordinate with business units to monitor growth trends
Assist in the preparation of various reports, analysis and other working files including on Loans and Deposits, FTP, and Operating Plan
Support the team to prepare presentation material for the ALCO and Funding Committee meetings
Work with the team to produce ad hoc reports/projects as required
Keep abreast of industry and regulatory developments
What are we looking for:
Keen interest in strategic balance sheet management and passionate towards achieving success
Knowledge of interest rate management strategies and techniques
Strong written and verbal communicator
Good financial literacy and able to conceptualize mathematical solutions
Proficient in Microsoft Excel and Powerpoint
Good degree in Accountancy, Business or Finance
8+ years of experience in a related banking/finance role
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Skills Required
- Good degree in Accountancy, Business or Finance
- 8+ years of experience in a related banking/finance role
- Knowledge of interest rate management strategies and techniques
- Strong written and verbal communicator
- Good financial literacy and able to conceptualize mathematical solutions
- Proficient in Microsoft Excel and PowerPoint
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
