Bank Operations Analyst (Wealth Management)

TANGSPAC CONSULTING PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading consulting firm in Singapore is looking for a back-office support professional to manage trade processing and settlement. You will interact with custodians and counterparties, ensuring compliance with internal policies. The ideal candidate should have a diploma or degree in Banking or Business Studies, possess strong interpersonal skills, and be meticulous in their work.

Qualifications

• Functional knowledge/experience in back-office support is required.
• Proficient in products & settlement processes for Foreign Exchange and FX Derivatives.
• Good team player, self-motivated with good interpersonal skills.

Responsibilities

• Handle daily processing of trades and ensure on-time settlement.
• Liaise with counterparties and custodians for trades mismatch resolution.
• Conduct end-of-day checks of Avaloq orderbooks and SWIFT Alliance queue.

Skills

Back-office support

Foreign Exchange and FX Derivatives

Interpersonal skills

Meticulousness

Education

Diploma or Degree in Banking or Business Studies

Job description

Responsibilities

• Handle daily Processing of trades and ensures on-time settlement of all trades (Equity, Bonds, Structured Products, OTC Derivatives, Corporate action event / processing of product lifecycle for Derivatives)
• Liaise with counterparties, custodians for any trades mismatch, failure / issues to ensure fast and effective resolution.
• Ensures timely and no unaccountable reconciliation breaks for cash, securities and other GL accounts / unclaimed fund items.
• Conduct end-of-day checks of Avaloq orderbooks and SWIFT Alliance queue to make sure that there are no trades left unattended and unprocessed.
• Ensures full compliance to all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers.
• Performs other duties that may be assigned from time to time.
• On-time escalation of issues and risks to the Team leader or to the Department Head.

Requirements

• Functional knowledge/experience in back-office support is required.
• Proficient in products & settlement processes for Foreign Exchange and FX Derivatives.
• Good team player, self-motivated with good interpersonal skills
• Ability to work in stretched environment and meticulous.
• Diploma / Degree in Banking, Business Studies or other related course of studies

Interested candidates kindly submit your updated CV in a Word Format to: [e-mail]. Only shortlisted candidates wil be notify. Thank you.