Deputy Head, Account & Loan Operations | Private Banking

china citic bank international limited singapore branch; Singapore; On-site; SGD 60,000 - 110,000; Full time

Job summary

China CITIC Bank International Limited Singapore Branch is seeking a operations-focused professional to manage daily banking operations including account opening, new account setup, transactions, and end-of-day reconciliation. The role requires adherence to MAS regulations and internal policies, with collaboration across Hong Kong and Singapore teams.

You will review and authorize investment-related transactions, ensure regulatory compliance, and participate in UATs and system testing.

Responsibilities

• Manage the daily routine operations in an efficient manner, while delivering good quality services to internal and external customers (including but not limited to account opening process, new account set-up, deals executions, complete client’s banking instructions, account maintenance, day-end order reconciliation in system, etc.)
• To review and approve investment related transactions in relevant system in accordance to MAS regulations and internal guidance.
• Ensure that operational processes while collaborating with front office in HK and SG, and other business units are in full compliance with the Bank’s policy and regulatory requirements.
• Check and perform authorization relating to fixed deposits, loan, investment products transactions, etc.
• Check and perform authorization of account operation-related transactions in accordance to internal procedures and external regulatory guidelines.
• Work closely with HO’s counterparts to ensure daily transaction are being processed, settled and to resolve any issues when arise (i.e., using relevant system for Daily reconciliation.
• Lead &/or participate in User Acceptance Testing (UATs) and system testing.
• Familiar with the end-to-end flow of product life cycle such as time deposits, investment products, account operations, etc.
• Perform any other tasks as may be assigned from time to time.
• Ensure transactions related security documents are duly executed and in order for implementation
• Familiar for Private Banking products (including but not limited to Premium Financing, Lombard Loan, Time Deposits, Unit Trust, Structured notes, etc.)
• To supervise Loan Agency, Loan Administration and Account Ops functions
• To be the Deputy of Account and Loan Operations Head
• To improve processes to ensure efficiency, effectiveness of the team,
• To review procedure manual annually
• AML/CTF Responsibilities: Support frontline and adhere to anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies.

Job description

China CITIC Bank International Limited Singapore Branch is seeking a operations-focused professional to manage daily banking operations including account opening, new account setup, transactions, and end-of-day reconciliation. The role requires adherence to MAS regulations and internal policies, with collaboration across Hong Kong and Singapore teams.

You will review and authorize investment-related transactions, ensure regulatory compliance, and participate in UATs and system testing.