Product Specialist (Equity Execution/ Night Desk)
OCBC · Singapore · Full-time
Quick Summary
- Execute orders in approved cash equity markets and listed derivatives.
- Manage direct dealing client requests, positions, limits, and margin requirements.
- Ensure compliance with regulatory and internal policies and provide 24H/5D shift coverage.
Full Description
Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
General Description
Execution dealer involved in trading primarily Cash Equities and Exchange Traded Options (ETOs) in global markets
Main Duties
Primary function:
- Execution in approved cash equity markets, related listed options and listed derivatives.
- Accurate and prompt execution of orders in fast-moving markets from BOS relationship managers, as well as direct dealing clients (DDC).
- Work with responsible stakeholders to manage DDC requests and orders , accounting for their positions, limits and margin requirement.
- Address and resolve dealing / product related queries and issues of both internal/external clients, including order status monitoring, prompt reporting of trades.
- Actively involved in functionalities and operation of the relevant trading systems.
- Work closely with internal and external stakeholders including relationship managers, Middle Office and Back Office, counterparties and brokers.
- Ensure high standards of operational and service excellence; Minimize risks in execution.
- Provide market updates and execution-related input to meet the needs of high net-worth clients.
- Ensure compliance with regulatory and internal compliance policies as applicable.
- Adherence to BOS dealing procedures
- Shift coverage (7am to 4pm or 8am to 5pm) to provide 24H/5D service for our clients and relationship managers.
Back-up function for Capital Market’s multi-assets:
- In event of cross-teams coverage required, to carry out timely execution and advisory for multi-assets outside primary function (where Capital Market covers FX, Equity Cash, Bonds and Derivatives). Training on cross asset coverage will be provided.
Work Experience Requirements
- Candidate should possess at least 8 years of relevant Equity and Derivatives dealing / sales experience in sell-side or buy-side institution.
- Expertise in trading equities including ability to understand fundamental and technical factors affecting the asset class.
- Knowledgeable and competent in Algorithms used to implement trading strategies to meet client objectives
- Prior experience working with relationship managers and high net worth trading clients is an advantage
- Excellent communication skills.
Education Requirements
- Degree
- CFA qualification or equivalent preferred.
- RES12B and CM-CMP Certificate is required.