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AVP/VP, Asset Transfer Specialist (Wealth Management Ops), CBWMO, Group COO

AVP/VP, Asset Transfer Specialist (Wealth Management Ops), CBWMO, Group COO

Dbs Bank
5-7 Years
  • Posted 2 months ago
  • Be among the first 10 applicants

Job Description

Job Purpose:

Primarily responsible in managing the end-to-end execution of asset transfers for wealth clients. Supports initiatives and projects of the unit. The role combines operational oversight, client-centric service delivery and risk management

Key Accountabilities/ Responsibilities:

  • End to End Asset Transfer Management in ensuring customer transfer request are processed accurately and timely within agreed SLA
  • Provide seamless support to internal and external stakeholders on transfer feasibility, timelines, documentation requirements and timely support to meet the project deliverables
  • Risk, Compliance and controls in ensuring strict adherence to the Bank's operating guidelines and regulatory/market requirements. Maintain robust controls to mitigate operational and reputational risks
  • Investigate and resolve exceptions, failed trades and reconciliation breaks promptly
  • Process Improvement and Change Management – drive continuous improvement in turnaround times and error reduction
  • Process different types of transfer covering equities, fixed income, funds and digital assets
  • Liaise with different parties such as CDP, front office and external third parties for security transfer
  • Liaise with front office and custodian to ensure smooth settlement transfer
  • Ensure all cash and securities breaks are promptly investigated and follow up
  • Ensure all transfers instructions are processed in accordance the Bank's operating guidelines and compliance to market requirements
  • Handle security transfers queries from FO and other stakeholders
  • Monitor daily workflows to ensure adherence to service level and turnaround times
  • Assist in and lead ad-hoc projects on behalf of team. Work with project stakeholders in ensuring timely implementation
  • Identify process improvement opportunities and support transformation initiatives
  • Support team manager in resource planning and workload management

Requirements:

  • Diploma/Degree holder with minimum 5 years relevant working experience in Asset transfer , preferably in a private banking setup
  • Excellent stakeholder management and communication skills
  • Strong client-centric mindset with attention to details and with a strong control mindset
  • Strong communicator and collaborate effectively with stakeholders
  • Strong analytical and problem-solving skill
  • Manage multiple priorities and work under pressure to meet tight deadlines and managing volume surge

Location:

DBS Asia Hub

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

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