Job Description
  • Perform day-to-day account administration including vetting of documents, safekeeping and client data maintenance in system.
  • Ensure smooth daily processing of Private Banking transactions-new, settlements and corporate actions
  • Perform first line of checks of clearing and custody for securities and derivative transactions as well as reconciliations.
  • Work closely with business and other operational departments to support daily processing and settlement
  • Conduct periodic review and identify documental/transactional risks so as to explore mitigating measures, where possible.
  • Perform UAT for new products
  • Review and enhance workflow and procedures to achieve operational efficiency
  • Handle reporting to Head office and MAS related to Private Banking business
Qualifications & Requirements:
  • At least 10 years of operations experience in private bank, wealth management business or investment bank.
  • Excellent knowledge of investment products, such as FX, bonds, equities, mutual funds and structured products.
  • Prior experience in clearing and settlement of Singapore and international securities with knowledge of market rules and practices.
  • Knowledge of insurance premium financing and mortgage financing will be advantageous
  • Strong awareness of operational risk controls, local and overseas market practices and regulatory requirements.
  • Business proficiency in both written and spoken Mandarin besides English is a preferred job requirement.
  • Excellent team leader with strong interpersonal and communication skills to work well with all counterparts.
  • Temenos TAP operating system experience preferred.
  • Degree in business related discipline preferred.