Assistant Relationship Manager, Private Banking

VP BANK LTD Singapore Branch; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A prominent banking institution in Singapore is seeking an Assistant Relationship Manager to support client relationship management within a portfolio. This role involves handling client requests, providing administrative support, and maintaining compliance with regulatory requirements. The ideal candidate should have a degree, at least three years of experience in private banking, and possess relevant regulatory certifications. Strong organizational skills, attention to detail, and fluency in English and Mandarin are essential for success in this role.

Qualifications

• 3 years of experience as an Assistant Relationship Manager in Private Banking.
• Possess relevant regulatory papers - CMFAS 1B, 6, 6A, CACS 1 & 2.
• Strong understanding of investment products and compliance.

Responsibilities

• Support Relationship Manager in managing client relationships and administrative tasks.
• Handle client requests, instructions and operational issues.
• Prepare documentation for account opening, KYC, and risk profiling.

Skills

Wealth Management

Relationship Management

Attention to Detail

Private Banking

Microsoft Excel

Compliance

Loans

KYC

Team Player

Securities

Education

Degree or equivalent

Job description

Roles & Responsibilities

Role Overview:

As the Assistant Relationship Manager, you will be responsible for assisting the Relationship Manager (\"RM\") to manage our relationships with customers within the assigned portfolio.

Key Responsibilities

• Support RM in providing admin service to clients especially of high visibility or complex requirements
• Assist in providing updated market information to clients
• Handle client's request and instructions directly, including trade processing and inquiries on operational issues
• Collect and prepare documentation for account opening, KYC and risk profiling
• Work closely with internal partners on monitoring the entire trade processing, including order placement into the system, settlement and confirmation
• Processing remittance (including callbacks with client)
• Preparation of RM's business trip and client meetings
• Assist in other ad-hoc projects and client related matters
• Deputizing other ARMs on ad-hoc basis
• Participate in projects assigned
• Adhere to VP Bank's policies and procedures thereby protecting the business from financial and reputational risk
• Comply with relevant Group policies, consider and escalation the adequacy and effectiveness of the business controls on a regular basis
• Follow operating procedures which include relevant controls to meet group and local policy requirements
• Escalate client and risk issues to Team head or Members of Front Office Management where necessary
• Continuous upgrade of relevant skills and completion of CACS requirement on CPD hours
• Administrative support and other duties as assigned by higher management

Required Profile

• Degree or equivalent is required
• Possess relevant regulatory papers – CMFAS 1B, 6, 6A, CACS 1 & 2
• 3 years of Assistant Relationship Manager experience in Private Bank
• Customer focused and good interpersonal as well as communication skills
• Team oriented personality with attention to detail
• High self-motivation, positive and possess a can do and pro‑active attitude
• Excellent administrative and execution track records
• Ability to provide organization and client focus solutions
• Strong understanding and experience of investment products
• Professional written and verbal communication skills with good command of English and Mandarin. Proficient in Bahasa is an advantage, though not required.
• Ability to work effectively, prioritize tasks efficiently, excellent attention to detail and work under pressure
• Good and fast learning ability

Tell employers what skills you have

Wealth Management

Front Office

Microsoft Excel

Relationship Management

Loans

Private Banking

Securities

Compliance

Attention to Detail

Banking

Team Player

KYC