Assistant Vice President, Global Markets Operation Group - Derivatives Approver

SMBC first opened its doors for business in Singapore in 1963. The Singapore branch was established as our hub in Asia Pacific outside of Japan in 2008 to support the growth and expansion of our customers in and across the region.

SMBC Singapore provides a comprehensive range of wholesale banking solutions as a full commercial bank in Singapore.

In 2023, we are honored to celebrate 60 years of business excellence in Singapore, the heart of our business in Asia Pacific. We continue to embark on our journey with our stakeholders towards a sustainable future.

      Job Responsibilities

• Manage and support the overall operations and effective control of the group related transactions. 
• Investigate and report discrepancies and irregularities arising from transactions and resolve issues including customers’ complaints.
• 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.
• People Management
• Take note of recommendations and/or comments made by MAS/External/Internal/Head Office auditors and make appropriate checks on implementations.
• Ensure staffs are well versed with BCP procedures and processes to participate in regular BCP drills.
• Investigate and report discrepancies and irregularities arising from transactions, system failure, etc and resolve issues including handling stakeholder’s complaints and escalating all issues promptly

Requirements:

• Degree in Banking & Finance or equivalent
• At least 5 years of relevant experience in Global Markets Operations
• 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 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.