AVP, Cash Management Operations / Remittance

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading financial institution in Asia is seeking an experienced professional to manage remittance authorizations and communicate with stakeholders. The ideal candidate will have at least 10 years of banking experience, exceptional analytical abilities, and strong interpersonal skills. Responsibilities include authorizing transactions, ensuring reconciliation accuracy, and reporting significant risks. This role offers a chance to contribute to a reputable bank's success in a dynamic environment.

Qualifications

• At least 10 years working experience within the Banking Industry.
• Meticulous and a team player with strong inter-personal skills.
• Experience in remittance processing is an advantage.

Responsibilities

• Authorize remittances including sanction screening.
• Liaise with stakeholders for payment confirmations.
• Ensure reconciliation processes are in order.
• Document case review findings for payment exceptions.
• Report significant risk issues to management.
• Oversee daily team performance and reporting.
• Submit controls deliverables on time.
• Participate in initiatives and projects.

Skills

Strong analytical skills

Interpersonal skills

Communication skills

Education

Degree from a recognized university or relevant professional qualification in financial services

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long‑term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Responsibilities

• Perform authorization of remittances including sanction screening.
• Liaise with internal stakeholders to obtain confirmation on payment transactions.
• Ensure intra‑day and day‑end reconciliation are in order
• Compile and document case review findings and recommendations for payment exceptions.
• Ensure timely reporting and escalation of significant risk issues to management.
• Be responsible for resource planning, daily reporting of team's performance and metrics reporting.
• Ensure controls deliverables such as SOP, Audit etc. are submitted within timelines.
• Participate in initiatives and projects.

Requirements

• Degree from a recognized university or relevant professional qualification in financial services.
• At least 10 years working experience within the Banking Industry.
• Meticulous with strong analytical skills.
• Team player with strong inter‑personal and communication skills.
• Candidate with remittance processing experience would have added advantage.

Additional Requirements

Role Type (GTO)

Be a Part Of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non‑merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference