OCBC Bank (China) Limited ("OCBC China") established its operations on 1 August 2007 as a wholly-foreign-owned bank solely owned by OCBC Bank. Headquartered in Shanghai, OCBC China has incorporated all the China branches previously under OCBC Bank.
OCBC Bank has maintained a continuous presence in China since 1925 with the opening of our first branch in Xiamen. This was followed by a branch in Shanghai in 1927. In Chengdu, we were the first foreign bank to open a branch in this fast-growing part of southwestern China, offering a full suite of services to suit our customers' banking requirements.
OCBC China's network comprises its head office in Shanghai, branches and sub-branches in the cities of Xiamen, Tianjin, Chengdu, Beijing, Guangzhou, Chongqing and one representative office in Qingdao.
OCBC Bank, established in 1912, is the second largest financial services group in Southeast Asia by assets. It is among the world's highest rated banks, with a long term credit rating of Aa1 from Moody's. OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC Bank's key markets are Singapore, Malaysia, Indonesia and Greater China. It has a network of 530 branches and representative offices in 15 countries and territories, including 411 branches and offices in Indonesia operated by its subsidiary, Bank OCBC NISP.
OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the largest insurance group in Singapore and Malaysia by assets, and its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
Actively forging lifetime partnerships with our customers to help them achieve their aspirations, we remain unwavering in our commitment to create more value for our customers, shareholders and staff. Looking ahead, we will continue to seek growth in other regional markets, while we improve our performance in core financial services.
Please refer to website www.ocbc.com.cn to learn more about OCBC.
The Management Associate Program has been designed to develop young and talented MBA and Masters graduates to take on leadership roles in OCBC China. As a Management Associate, you will receive a flying head start with comprehensive orientation, job rotations, premium training programs and personalized coaching from our experienced managers in Singapore. Thereafter, you will undergo a division-specific program to give you an in-depth understanding of the division's function. Division-specific programs could include job rotations, project assignments and international assignments.
Under our Management Associates Programme, you may choose one of the following business areas that best suits your career interest:
i) Business Banking
ii) Financial Institution
iii) Operations
iv) Consumer Financial Services
v) Finance
vi) Information Technology
The job location is in Shanghai, China.
The target On-Board Date is July 1st, 2011. The duration of the programme is 18 months.
We are looking for exceptional candidates with:
-An MBA or Master's degree from a reputable university
-A good Bachelor's degree with outstanding academic results
-At least 2 years of full-time work experience (experience in Banking will be an advantage)
-Exceptional leadership qualities, communication and interpersonal skills
-Being eligible to work full time from July 1st, 2011
Applicants will undergo a rigorous selection process, including a one-day Assessment Centre, individual and panel interviews.
The deadline for application is Jan. 2, 2011.
You can ONLY apply 2 positions and please indicate your first and second choice.
Business Banking Job Description Apply Now
Understand and implement the Target Market / Risk Acceptance Criteria and Credit Policy of OCBC China
Develop corporate banking business in China by providing professional advice on financial products: corporate finance, deposit, trade finance, project finance and investment banking
Conduct rigorous due diligence on potential corporate customers as well as to structure appropriate facilities to meet their needs;
Deliver quality credit recommendations based on sound judgment, and adopt a systematic and consistent approach in line with bank's credit policies
Prepare high quality credit reviews, which evaluate the risk and performance of the relationships
Actively manage and monitor credit facilities extended to corporate customers and maintain close contacts with them, including the timely interview of the customers;
Actively cross sell the Bank's wide range of banking products and services.
In compliance with the data quality and other regulatory requirements in business banking.
Consumer Financial Services - ORMC Job Description Apply Now
Support the lead of Operational Risk Management and Compliance (ORMC) in CFS China:
Support and ensure all CFS China business units achieve 100% Audit pass, and assist business units with Audit issues
Facilitate CFS China's participation in all risk-related tests conducted on a bank-wide basis
Support all CFS China business units to complete Risk & Control Self Assessment (RCSA) and Regulatory Requirements Self Assessment (RRSA)
Support all CFS China business units to review existing processes & procedures. Develop CFS China processes & procedures inventory and report inventory
Convey the relevant regulatory changes to the respective branches and departments in CFS China to achieve 100% compliance.
Consumer Financial Services - Wealth Management Job Description Apply Now
Assist Business Support Manager on project management, process enhancement, and general business supports to the Wealth Management Product team. Key Responsibilities are:
Assist Wealth Management System project on timeline management, data conversion, system mock running, going to production, and Internet Banking related feature launching;
Assist DCR trading process enhancement to build Phone Indemnity work flow and procedures, and obtain approval through NPAP to launch the new process;
Assist in Account Opening procedure enhancements to continually improve customer experience in the customer "sign" process;
Assist in the Consolidated Statement Project from end to end to see through a complete phase from User Specs preparation, system development, SIT testing, UAT testing, data conversion if necessary, and to launch for production ;
Assist in Deposit product related system development tasks;
Financial Institution Job Description Apply Now
Develop marketing and sales of correspondent banking services/ products to particular financial and investment institutions in the area where we have our operation. To explore non-bank FI customer in the area and to achieve revenue, numbers of new customer as well as other KPI target.
Customer service and manage end to end sales process, ongoing account maintenance and deep selling. Provide market and customer feedback to Product Manager.
Minimize credit risk within the portfolio through regular credit review; to assess, recommend, maintain and control credit facilities offered to financial and investment institution clients; to analyzing the concentration of risk, keeping track of market development and taking timely, proactive or remedial actions whenever appropriate
Provide operation and MIS support. Input onto the efficient administration of routine functions and timely and accurate reporting of irregularities or excesses
Networking and teamwork
Finance Job Description Apply Now
Treasury Product Control
Review and enhance P&L and Position Reconciliation Framework between Front Office and General Ledger.
Perform daily and/or monthly P&L and Position reconciliation between Front Office and General Ledger
Ensure that trading activities are executed within authorized product approvals.
Provide an independent check and monitoring on the trading activities to mitigate the risk of unauthorized trading activities:
Review transactions, product type or trading activity/strategy not approved.
Review trading activities not in line with the purpose or intention of the business or portfolio
Provide valuable and accurate accounting advice to business and traders on the proper accounting treatment and impact analysis on new products and new deals
Build and manage relationships with front office, operations, and internal finance
Improvements & project work to eliminate manual processes.
Information Technology Job Description Apply Now
Key Responsibilities:
Establish and maintain management and financial cost reporting and control mechanism for Technology in accordance with Group Finance's guidelines
Establish and maintain business cost charge-out methodology and mechanism
Implement cost management initiatives
Track annual budgets and business projects
Provide value added administrative support in terms of cost, quality, productivity in areas of procurement, IT services billing & cost recovery
Custody of IT vendor contracts, review the commercial terms of the IT contracts and negotiation
Key focus:
Budgeting & Reporting - review and improve the budget process for Technology. Conduct monthly analysis P&L vs Budget.
Accounts Payable & Chargeout - Manage HQ charge-in, invoicing, payments
Project tracking & IT Financials - track the financials related to IT projects
Procurement & Vendor Contract Management - To streamline current process and establish operating model that manage vendor contracts, procurement and centralized safekeeping of IT contracts
Operations Job Description Apply Now
Assist on Ops business inspection planning, conducting and post tracking, training planning and organizing, Ops procedures setting and reviewing，Ops cross-functional issues handling and coordinating. Key Responsibilities are:
Assist on Ops business inspection planning, conducting and posting tracking
Assist on Ops training planning and coordinating
Assist on Ops operation procedures setting and reviewing
Assist on Ops cross functional issues handling and coordinating
Finish other work assigned by Head of Operations Department Office
