Derivatives Support Officer

Role summary

Written by MyIslandJob from the job title and employer. See the employer's page for the full description.

The Derivatives Support Officer supports the end-to-end processing of derivatives transactions, including trade capture, confirmation, settlement, reconciliations, documentation, and investigation of breaks. The role typically requires a diploma or degree in finance, banking, business, or a related discipline, along with strong numerical, analytical, and organisational skills. Familiarity with derivatives products, trade lifecycles, risk controls, and banking operations is advantageous. Candidates are expected to be accurate, dependable, and comfortable working with deadlines and large transaction volumes. Good communication skills are important for coordinating with traders, clients, counterparties, technology teams, and control functions. Attention to detail, process discipline, problem-solving ability, and an interest in improving operational efficiency are key expectations.

About the employer

OCBC Bank is one of Southeast Asia’s largest financial institutions and Singapore’s longest-established bank. Founded in 1932, it provides retail and business banking, wealth management, insurance, treasury, investment banking, and transaction banking services across Singapore and key markets in Asia. OCBC serves individuals, small and medium-sized enterprises, large corporations, and institutional clients through branches, digital platforms, and specialised financial teams. The bank is recognised for its regional network, strong balance sheet, focus on risk management, and continued investment in technology and digital banking. Its Singapore operations include a broad range of support, control, markets, and client-facing roles. Employees generally work in a structured banking environment where regulatory compliance, service quality, teamwork, accuracy, and operational resilience are highly valued.

Working in Singapore

Singapore offers strong opportunities in banking, fintech, technology, logistics, healthcare, professional services, and multinational companies. Its financial district provides roles in operations, risk, compliance, technology, investment management, and corporate banking. The culture is multicultural, efficient, and generally professional, with English widely used at work. Lifestyle options range from modern shopping and dining to beaches, parks, museums, and vibrant neighbourhoods. Public transport is reliable, although housing and daily expenses can be high, especially in central areas. Foreign professionals normally need an employer-sponsored work pass, such as an Employment Pass or S Pass, subject to salary, qualifications, and government approval. New arrivals should arrange accommodation, healthcare coverage, banking, and tax registration. Singapore’s compact size, safety, excellent transport, and regional connectivity make it attractive for career development and relocation.