Business Development Assistant Manager (SBL)

Phillip Securities Pte Ltd; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A prominent financial services firm in Singapore is seeking a Business Development Assistant Manager for Scrip Borrowing and Lending (SBL). The candidate will drive product offerings and collaborate with stakeholders to enhance revenue. Responsibilities include conducting market intelligence, selecting favorable loan terms, and managing related risks. Ideal candidates should possess strong interpersonal and analytical skills, prefer a relevant degree, and familiarity with financial markets. This is an opportunity to impact the SBL sector significantly.

Qualifications

• Strong interpersonal skills and excellent written and verbal communication skills.
• A good team player who interacts with team members, providing support when necessary.
• Sequential and analytical thinker.

Responsibilities

• Drive SBL product offerings and work closely with stakeholders to grow revenue.
• Conduct market intelligence to monitor competitive products and regulatory changes.
• Review and select loan terms to obtain optimal returns.

Skills

Interpersonal skills

Verbal communication

Analytical thinking

Presentation skills

Understanding of financial markets

Education

Recognized degree in any discipline

Tools

Basic coding

AI adoption

RPA knowledge

Job description

As a SBL (Scrip Borrowing and Lending) Business Development Assistant Manager, you will be responsible to drive SBL product offerings and work closely with both internal and external stakeholders in order to grow SBL revenue. You will need to conduct market intelligence to constantly keep abreast of external competitive products as well as latest changes and developments in the regulatory scene and company policies to ensure that practices are in line with them. You will review and select the most favourable loan terms to obtain optimal return, build cordial relationship with counterparties and constantly work on improving efficiency in the work processes. You will also have to manage risks related to the product.

Requirements

• A recognized degree in any discipline
• Strong interpersonal skills as well as excellent written and verbal communication skills
• A good team player who interacts with team members, providing support when necessary
• Sequential and analytical thinker
• Good presentation skills
• Good understanding of financial markets
• Certifications in CMFAS M1, M5, M6 and M6A will have an added advantage
• Knowledge and proficiency in basic coding, AI adoption, and/or RPA are preferred and advantageous