Associate/AVP - Banking Operations (MEPS+ & SWIFT)

STRIVEX PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

STRIVEX Pte. Ltd. in Singapore partners with a regional bank to oversee Banking Operations, focusing on SGD clearing via MEPS+ and international payments through SWIFT.

The role covers remittance processing, treasury settlements, and system testing/implementation to ensure stable, compliant operations and continuous process improvements.

Qualifications

• Degree in Finance, Business Administration or a related discipline.
• Hands-on experience with MEPS+ and SWIFT payment systems, including domestic SGD clearing and international remittance transactions.
• Prior involvement in MEPS+ annual testing, go-live testing or UAT will be advantageous.
• Strong organisational and problem-solving abilities, with the ability to work independently and collaboratively while maintaining high standards of accuracy and service delivery.

Responsibilities

• Payment & Clearing Operations: Manage daily SGD clearing and payment transactions through MEPS+, ensuring accuracy, timeliness and adherence to clearing requirements, including Cheque, IBG and FAST services.
• Remittance Processing: Oversee incoming and outgoing domestic and international remittances via SWIFT, ensuring compliance with internal policies, AML requirements and name-screening procedures.
• Treasury Settlement: Support treasury settlement activities involving money market (MM) and foreign exchange (FX) transactions.
• System Testing & Implementation: Participate in MEPS+ annual testing, go-live testing, UAT and system enhancement projects to ensure operational readiness and system stability.
• Operational Controls & Improvements: Resolve transaction discrepancies, strengthen operational controls and identify opportunities to improve payment processes and operational efficiency.

Education

Degree in Finance, Business Administration or related discipline

Tools

MEPS+

SWIFT

Job description

StriveX is partnering with a Regional Bank who is seeking an experienced Banking Operations professional to join its Singapore team.

The successful candidate will oversee remittance and payment operations, with a particular focus on SGD clearing through MEPS+ and international payments via SWIFT.

This role offers exposure to treasury settlements, payment system testing and operational process improvements.

Key Responsibilities

• Payment & Clearing Operations: Manage daily SGD clearing and payment transactions through MEPS+, ensuring accuracy, timeliness and adherence to clearing requirements, including Cheque, IBG and FAST services.
• Remittance Processing: Oversee incoming and outgoing domestic and international remittances via SWIFT, ensuring compliance with internal policies, AML requirements and name-screening procedures.
• Treasury Settlement: Support treasury settlement activities involving money market (MM) and foreign exchange (FX) transactions.
• System Testing & Implementation: Participate in MEPS+ annual testing, go-live testing, UAT and system enhancement projects to ensure operational readiness and system stability.
• Operational Controls & Improvements: Resolve transaction discrepancies, strengthen operational controls and identify opportunities to improve payment processes and operational efficiency.

Key Requirements

• Degree in Finance, Business Administration or a related discipline, with approximately 3-5 years of relevant banking operations experience, particularly in remittance and payment processing.
• Hands-on experience with MEPS+ and SWIFT payment systems, including domestic SGD clearing and international remittance transactions.
• Prior involvement in MEPS+ annual testing, go-live testing or UAT will be advantageous.
• Strong organisational and problem-solving abilities, with the ability to work independently and collaboratively while maintaining high standards of accuracy and service delivery.

StriveX Pte Ltd, EA License No: 23C2077 Lee Boon Hou (Hagen), Registration No: R1870932 [e-mail]