AVP, Capital Management, Corporate Treasury, Group Finance
Location: Singapore, Singapore
Type: Full Time
Internal Number: 13239074
OCBC Bank 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 Bank 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.
Division Description Group Finance looks beyond providing numbers. We add value in the decision-making process and facilitate the formulation of effective business strategies. We uphold the integrity of our financial records and ensure that the highest standards are applied in our reports. We provide financial analyses and insights to management and businesses to make informed decisions. We engage our stakeholders regularly to keep them abreast of the Bank's financial performance and development.
Job Summary We are looking for a dynamic individual to join the Capital Management within Corporate Treasury. Corporate Treasury a dedicated strategic management unit, within the CFO office, that supports senior management committees in ensuring optimal financial resource allocation, adequate capital and liquidity supply to meet business demands, and financial resilience. You will be actively involved in capital planning and management, as well as recovery planning. You will analyse and research to prepare presentation materials to stakeholders including senior management. There will be opportunities to develop new initiatives and interact with various internal stakeholders. You will be reporting to the Head of Capital Managament, Corporate Treasury.
Recommend strategies to optimize capital structure to achieve efficiency, and assess impact from Bank-specific initiatives or regulatory changes.
Perform ICAAP and industry stress testing, monitor capital levels, review capital related policies.
Review recovery plans and perform recovery testing.
Coordinate with key subsidiaries on capital and recovery plans.
Keep abreast of industry and regulatory developments, and assess implications to the Bank's capital and recovery planning.
Qualifications The ideal Candidate will meet the following requirements:
Degree in Business, Accounting and Finance or equivalent
Relevant work experience is preferred e.g. familiar with banking and financial markets, capital management and recovery planning, MAS/Basel rules
Proactive, meticulous, flair for numbers and an eye for details
Strong analytical mind, verbal and written communication skills
Possess project and time management skills to deal with multiple deliverables and tight timelines
At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.
*We regret that only shortlisted Candidates will be notified.