MNC|Bank
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 [Confidential Information]
- Email Topic: Junior Bank Operations Analyst
Amos Tan Jun Han
EA Licence Number: 91C2918
Personnel Registration Number: R23113385
