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Assistant Manager, Settlements - Private Bank

Assistant Manager, Settlements - Private Bank

revup consulting pte. ltd.
7-10 Years
SGD 7,000 - 10,000 per month
  • Posted a month ago
  • Be among the first 10 applicants

Job Description

A regional bank is looking for an experienced Private Banking Operations professional to join its team. This is a hands-on role covering investment product settlements, corporate actions, payments and operational improvement initiatives.

Roles & Responsibilities

  • Process and settle private banking investment products, including equities, bonds, mutual funds, structured products and structured deposits.

  • Handle corporate actions, position reconciliations and client statements.

  • Manage SWIFT Alliance activities, including the release of SWIFT payments.

  • Investigate and resolve issues relating to settlements, remittances and deposits.

  • Participate in system enhancements and UAT, including supporting user training for new systems and processes.

  • Identify practical improvements to enhance operational efficiency and reduce operational risks.

  • Work closely with Front Office, internal stakeholders, custodians and counterparties to resolve operational matters.

  • Support other operational initiatives and responsibilities as assigned.

Requirements

  • Bachelor's degree in Business Administration, Banking, Finance or a related discipline.

  • Minimum 5 years of relevant banking operations experience, preferably within Private Banking or Wealth Management Operations.

  • Hands-on experience in investment product settlements, corporate actions, reconciliations or payments.

  • Familiarity with SWIFT payment processing and release will be advantageous.

  • Avaloq knowledge will be an advantage.

  • Strong attention to detail and commitment to maintaining effective operational controls.

Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion.

Claire Ang
R22109899
EA License: 22S1193

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