The Senior Manager, Wealth Operations is responsible for executing strategic plans & budget plans, managing US securities and tax processes, and overseeing daily operations to ensure compliance and high service standards.
Responsibilities
- Execute and implement country-specific plans that align with the Group’s overall strategy.
- Develop a thorough understanding of the firm’s business strategy and model as it pertains to the role.
- Engage in high-level discussions with internal and external stakeholders to understand their needs and effectively implement strategic plans.
- Maintain awareness and understanding of the broader business, economic, and market environment in which the firm operates.
- Effectively collaborate with stakeholders to assist in driving business growth, review and manage conduct & compliance matters.
- Manage processes related to US persons and US securities, including W8BEN Forms, 1042S, WHT, and US Tax Declarations.
- Oversee daily operations, including the confirmation and settlement of various securities types.
- Prepare periodic reports (daily, weekly, monthly, quarterly, and annual) for various stakeholders.
- Support day‑to‑day operations, handle exceptions, elevate and follow up on system issues, perform reconciliations, conduct UAT testing, plan for business continuity, manage capacity, and drive process improvements.
- Participate in stakeholder meetings, review and benchmark service standards, and maintain cross‑border relationships.
- Maintain service level agreement metrics on turnaround times and accuracy.
- Engage effectively with stakeholders to understand and fulfil the needs of internal and external clients.
- Continuously improve service levels and customer expectations using metrics to inform service delivery improvements.
- Oversee licensing processes, monitor escalations and potential issues.
- Perform gap analysis on regulations and guidelines pertaining to licensing.
- Lead through example, build appropriate culture and values, set appropriate tone and expectations from the team, and work in collaboration with stakeholders and business partners.
- Employ, engage and retain high‑quality people.
- Build people and unit road map that ensures an effective team – utilising all the people tools to continuously raise employee engagement.
- Allocate resources effectively to maximise efficiency and effectiveness of unit.
- Identify & nurture talent by growing bench strength and ensuring adequate succession planning.
- Identify, assess, monitor, control and mitigate risks to the firm. Understand the main risks facing the firm and the role in managing them.
- Interpret the firm’s financial information, identify key issues, and implement appropriate controls and measures.
- Act as the first line of defence as defined in the Ops Risk Framework.
- Embed the Group’s brand and values in Malaysia.
- Perform other responsibilities as assigned under Group, Country, Business, or Functional policies and procedures.
- Manage multiple functions (double hats) as required.
Key Stakeholders
- GBS IN, GBS MY, MY SS, HK SS, SG & HK Payment teams
- External parties such as Fund Houses / Counterparties / Custodian / Financial Institutions / Licensing Bodies
- WS Process & Product Team
- RMs, Branches and segments
- WRB various functional teams
- BRM, GIA, Compliance & OR team
Qualifications
- Diploma or bachelor’s degree from recognised universities.
- Proven competency and experience in Wealth or Securities Services Operations with at least 8 years of relevant experience.
- Understanding of Wealth Operations & Products, Wealth Policy & Process, Licensing, and Risk Management.
- Demonstrated competency in capacity and budget planning, operations, and project management.
- Outstanding organisational and leadership abilities.
- Strong communication and interpersonal skills to collaborate with stakeholders and also external parties at all levels.
- Exceptional verbal and written communication skills.
- Good decision‑making, analytical, and problem‑solving skills.
Benefits
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits.
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values‑driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Our Values
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do.
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well.
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.