At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Groups global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Bank of Singapore opens doors to new opportunities.
Start your career with Bank of Singapore as an Asset Transfer Operational Specialist (Manager) in our Portfolio Operations, Post Trade Services Team! !
Job Overview:
We are seeking a team member to join our Front Office Support Services (FOSS) function. The incumbent will handle co-ordinate Portfolio Transfers and securities transfer in the Global markets, across all securitized product (equity/bond/structured products/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 request 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, efficient and value added services to front office
Control
Effective management of stock and cash breaks
Perform end of day control checks
Perform Risk & Control Self Assessment (RCSA) checks
Ensure any exception handling is as per exception handling framework
Query Management
Ensure all queries from Business is 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
Qualifications
Requirements
2 to 4 years of experience in Private Bank Operations especially in Securities Transfers or Securities Settlements
Tertiary education with a good academic track record
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 initiatives 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
