Assistant Manager, Unit Trust Operations

Phillip Securities Pte Ltd; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

Phillip Securities Pte Ltd is seeking a results-oriented Unit Trust Operations Manager to lead daily operations, oversee a team, and ensure MAS-compliant processing of fund transactions in a dynamic environment.

You will coordinate with fund houses, custodians, and internal stakeholders while driving process improvements and ensuring AML/KYC adherence. Strong leadership and regulatory knowledge are essential.

Qualifications

• Minimum 3-5 years of experience in unit trust or fund operations with 3+ years in supervision.
• Strong knowledge of NAV calculations, corporate actions, and fund settlements.
• Familiarity with CPFIS/SRS requirements.
• Proficiency in fund administration.
• Excellent understanding of MAS regulatory requirements.
• Strong leadership, communication and stakeholder management.
• Detail-oriented with strong analytical and problem-solving abilities.
• Basic coding, AI adoption and/or RPA knowledge is advantageous.

Responsibilities

• Oversee daily operations of the Unit Trust Operations department, ensuring accurate and timely processing of subscriptions, redemptions, and switching transactions
• Manage and supervise the Unit Trust Operations team, providing guidance, coaching, and performance development
• Ensure compliance with regulatory requirements from MAS and other governing bodies
• Coordinate with fund houses, custodians, and internal stakeholders on settlement and reconciliation matters
• Monitor and enhance operational workflows on the FAME platform and related systems
• Handle escalated client enquiries and resolve operational issues promptly
• Prepare management reports on operational performance and risk metrics
• Drive process improvement initiatives to enhance operational efficiency
• Ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies

Skills

Leadership

Communication

Stakeholder management

Regulatory knowledge

Analytical thinking

Coding awareness

RPA awareness

Team guidance

Tools

FAME platform

Job description

Job Responsibilities:

• Oversee daily operations of the Unit Trust Operations department, ensuring accurate and timely processing of subscriptions, redemptions, and switching transactions
• Manage and supervise the Unit Trust Operations team, providing guidance, coaching, and performance development
• Ensure compliance with regulatory requirements from MAS and other governing bodies
• Coordinate with fund houses, custodians, and internal stakeholders on settlement and reconciliation matters
• Monitor and enhance operational workflows on the FAME platform and related systems
• Handle escalated client enquiries and resolve operational issues promptly
• Prepare management reports on operational performance and risk metrics
• Drive process improvement initiatives to enhance operational efficiency
• Ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies

Requirements:

• Minimum 3-5 years of relevant experience in unit trust or fund operations, with at least 3 years in a supervisory or managerial capacity
• Strong knowledge of unit trust operational processes, including NAV calculations, corporate actions, and fund settlements
• Familiarity with CPF Investment Scheme (CPFIS) and Supplementary Retirement Scheme (SRS) requirements
• Proficiency in fund administration
• Excellent understanding of MAS regulatory requirements
• Strong leadership, communication, and stakeholder management skills
• Detail-oriented with strong analytical and problem-solving abilities
• Knowledge and proficiency in basic coding, AI adoption, and/or RPA are preferred and advantageous.

We regret that only shortlisted candidates will be notified.