Junior Banking Operations Analyst (Wealth & Investment Operations)

The Opportunity

• Opportunity to work for one of the leading financial service providers and top banks
• Great exposure to learn about banking products and services domain
• Location at Raffles/Tampines
• Successful candidates will be deployed to one of the following teams based on business needs and experience: Corporate Actions, Settlements, Funds Services, or Portfolio Transfers & Asset Services.

We are seeking a team member to join our Asset Services function. The incumbent will handle co-ordinate Portfolio Transfers and securities transfer in the Global markets, across all securitized products (equity/bond/structured products/hedge & mutual funds) and work closely with the Business on their clients’ transfers

Responsibilities

Pre-processing check for all transfers and co-ordinate Portfolio Transfers

• Ensure all relevant approval is obtained and instruction provided by Business adheres to client’s signing mandate and procedure
• For transfers of portfolio, co-ordinate with various teams to ensure smooth transition of client assets as well as Portfolio transfers via Letter of Undertaking
• Escalate any deviation to procedure

Securities Transfers

• Close liaison and coordination with various parties including Front Office, internal departments, custodians and counterparties
• Proficient in managing daily requests for security transfer from initiation of request to completion
• Timely and accurate processing of security transfer request
• Effective management and resolution of failed transfers
• Adherence to procedures, control guidelines, market regulation and compliance framework
• Provide seamless and efficient services to front office

Control

• Effective management of stock and cash breaks
• Perform end-of-day control checks
• Ensure any exception handling is as per exception handling framework
  
  

Query Management

• Ensure all queries from Business are resolved within expected timeframe or escalated to the correct parties

Change Management

• Identify control gaps and work with team to review process efficiency and deliver improvements
• Participate in projects as and when required

Requirements

• 1-3 years of experience in Private Bank Operations in Securities Transfers will be preferred
• Good knowledge of Microsoft Office
• Clear written & verbal communication skills with all levels of staff
• Client-oriented mindset
• Meticulous and good team player
• Ability to work independently & drive initiative forward until delivery
• Ability to work effectively with both Front Office and Support staff, at all levels
• Ability to work & deliver under time pressure
• Proactive in identifying any process gaps, providing or suggesting solutions to improve productivity
• Ability to perform ad-hoc system testing
• Knowledge in MS Access / Python / Power BI is a plus

Next Steps

• Send your resume to [email protected]
• Email Topic: Junior Bank Operations Analyst

Amos Tan Jun Han

EA Licence Number: 91C2918

Personnel Registration Number: R23113385