Asset Transfer Validation (6-12 months) #ESY

Recruit Express Pte Ltd; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

Recruit Express Pte Ltd is seeking a governance and controls professional to oversee payments pre-processing, asset transfer callbacks, and end-of-day controls, ensuring adherence to established procedures.

You will handle BAU queries, escalate deviations, and participate in change management projects, focusing on risk identification and timely issue resolution.

Responsibilities

• Pre-processing checks for payments and ensure approvals per mandate
• Callback and verification of asset transfer updates before processing by operations
• End of day control checks and risk identification while coordinating with Front Office
• Query management: resolve business queries within expected timeframes or escalate
• Change management: identify control gaps and participate in process improvements

Job description

Pre-processing check for payments

• Ensure all relevant approval is obtained and instruction provided by Business adheres to client’s signing mandate and procedure
• Escalate any deviation to procedure
• Coverage includes: Payments, Internal Transfer, Cheque Issuance, Cash Withdrawal, Standby Letter of Credit/Banker’s Guarantee, Deposit placement, rollover and withdrawals

Callback on Asset Transfer and Static updates

• Ensure callback is conducted in accordance with procedures and policies
• Retrieve and verify callback that has been performed by Business prior to processing by the respective operations team
• Handle BAU type of queries/issues ensuring that the case is resolved or properly escalated in a timely manner.

Control

• Perform End of Day control checks and ensure BAU task are completed
• Act as a control unit and be able to identify risk issues while interacting with Front office
• Ensure that exception processing is completed exactly according to the conditions set in the approval
• Perform an end of day review to ensure tasks are completed by signing off on the end of day checklist

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

We regret that only shortlisted candidates will be contacted