Associate / Senior Associate

UOB KAY HIAN PRIVATE LIMITED; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A prominent financial services firm in Singapore is seeking an operations professional to oversee day-to-day activities including processing investor transactions and liaising with counterparties. The ideal candidate has a degree and at least 2 years of experience in unit trust operations and possesses strong problem-solving and communication skills. This role ensures compliance with all relevant regulatory requirements while maintaining optimal productivity through efficient workflows.

Qualifications

• Minimum 2 years relevant experience in Unit trust operations, Funds operation.
• Strong background in planning and managing operational processes.
• Good knowledge of financial services practices and regulatory requirements.

Responsibilities

• Process day-to-day operations including investor transactions.
• Liaise with counterparties on settlement and reporting.
• Ensure compliance with regulatory requirements and standards.

Skills

Operational mindset

Communication skills

Problem-solving skills

Education

Degree or equivalent professional experience

Job description

Main Responsibilities but not limited to:

• Processing the day-to-day operations, including processing investor transactions, subscriptions, redemptions, transfers & dividend.
• Liaise with Counterparties / CPF Board / Agent Banks on settlement, reporting and reconciliation of trades
• Compute and process trailer fees.
• Work with Marketing team and fund houses on account opening, fund onboarding and other AML/DDQ/Annual review documentation
• Ensuring that the process complies with all relevant regulatory requirements and reporting obligations.
• Document the operation to ensure that consistent, efficient workflows are in place, yielding optimal productivity and performance.
• Addressing investor/TR inquiries and concerns related to operations.
• Perform and coordinate end to end (from trade execution to trade settlement) system testing for any changes
• Handle administrative tasks, ad-hoc assignments and projects as assigned.
• Uphold organization policies and standards, ensuring legislative regulations are followed
• Record Keeping: Maintaining accurate records of transactions and activities.

Requirements:

• Degree or equivalent professional experience
• Min 2 years relevant in Unit trust operations, Funds operation
• Strong operational mindset and background.
• Proven ability to plan and manage operational processes for maximum efficiency and productivity
• Good knowledge of financial services practices and associated regulatory requirements
• Good knowledge of and adherence to the company's policies and procedures
• Strong communication skills and ability to articulate effectively to the team and stakeholders in regular meetings and various projects/discussion, becoming a "valued partner" outside direct reporting line
• Good problem-solving skills and ability to handle complex situations with constructive solution identified for trouble shooting.