At a Glance
- Tasks: Support Global Financial Markets with trade validation, settlements, and reconciliation processes.
- Company: Join a leading financial institution with a focus on innovation and teamwork.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a strong emphasis on collaboration and career advancement.
- Why this job: Be at the forefront of global markets and make a significant impact in operations.
- Qualifications: 5+ years in banking with expertise in Treasury Products and operational functions.
The predicted salary is between 60000 - 80000 € per year.
We are looking for an experienced Global Markets Operations professional (with strong Fixed Income settlement knowledge) to provide Operations support for transactions booked by the Global Financial Markets Front Office. Operations support will encompass trades validation, settlements, reconciliation process and static data processing.
Job Responsibilities
- Perform trades validation for Foreign Exchange and Money Markets, Interest Rate Derivatives, Credit Derivatives, FX Derivatives and Fixed Income in Murex against source documents.
- Perform pre-settlement confirmation with counterparties – counterparty can be Multinational Companies, Corporate counterparties or Banks.
- A customer centric point for queries, issues and resolution.
- Perform settlement processing - payment authorisation via SWIFT or managing receipts, including securities settlement via custodian banks and funding processing management.
- Perform rates fixing for interest rates derivatives products.
- Failed trade management.
- Reconciliation processes which include nostro accounts, custodian accounts, position reconciliation.
- Static data management.
Qualifications & Experience
- Minimum of 5 years banking experience, specifically in Treasury Products – Foreign Exchange, Money Markets, FX Derivatives (NDF and Option), Interest Rate Derivatives, Credit Derivatives and Fixed Income (bonds, treasury bills, etc).
- Experience in various operation functions which includes processing, reconciliations, settlements, etc.
- Good understanding of the end-to-end treasury transaction management processes.
- Available to work UK Bank Holidays.
- Proficient in SWIFT message types, ie MT54X, Pacs008/009, etc.
- Team player, committed, self-confidence and an eye for details.
- Experience with Murex/Swift/Euroclear an advantage.
Global Markets/Fixed Income Operations in City of London employer: DBS Bank
As a leading player in the Global Financial Markets, we pride ourselves on fostering a dynamic and inclusive work environment that encourages professional growth and collaboration. Our commitment to employee development is reflected in our comprehensive training programmes and opportunities for advancement, all while being situated in a vibrant financial hub that offers a wealth of networking possibilities. Join us to be part of a customer-centric team where your expertise in Fixed Income Operations will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Global Markets/Fixed Income Operations in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in Global Markets or Fixed Income. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of treasury products and operations. We recommend practising common interview questions related to trades validation and settlement processes so you can impress them with your expertise.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, whether at networking events or interviews, make sure to highlight your experience with Murex and SWIFT. These are hot topics in the industry, and we want you to stand out!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Global Markets/Fixed Income Operations in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in Global Markets and Fixed Income operations. We want to see how your skills match the job description, so don’t be shy about showcasing your relevant banking experience!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to trades validation, settlements, and reconciliation processes – we love a good story!
Show Off Your Technical Skills:Since we’re looking for someone with proficiency in SWIFT and Murex, make sure to mention any relevant technical skills in your application. If you’ve got experience with specific message types or platforms, let us know!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at DBS Bank
✨Know Your Stuff
Make sure you brush up on your knowledge of Fixed Income and the various treasury products mentioned in the job description. Be ready to discuss your experience with trades validation, settlements, and reconciliations in detail. The more specific examples you can provide, the better!
✨Familiarise Yourself with Murex and SWIFT
Since the role involves using Murex and SWIFT, it’s crucial to demonstrate your proficiency with these systems. If you have any hands-on experience, be prepared to share how you've used them in past roles, especially regarding payment authorisation and trade management.
✨Customer-Centric Mindset
This position requires a strong focus on customer service. Think of examples where you've successfully resolved queries or issues for clients or counterparties. Highlighting your ability to maintain a positive relationship while managing complex operations will set you apart.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving skills, especially around failed trade management and reconciliation processes. Prepare by thinking through potential challenges you’ve faced in previous roles and how you overcame them. This will show your analytical skills and attention to detail.
