Vice President, Receipts & Payments (FI, up to $9.5k) (ID:674131)

PERSOLKELLY Singapore Pte Ltd (Formerly Kelly Services Singapore Pte Ltd); Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is looking for a detail-oriented leader to manage financial transactions and settlements. This role involves ensuring compliance with regulatory standards while optimizing cash flow and risk management. The ideal candidate will have extensive experience in payment operations within financial institutions in Singapore, showcasing strong analytical and leadership skills. You will work closely with various teams to streamline processes and enhance operational efficiency, making a significant impact on the organization. If you thrive in a dynamic environment and have a passion for finance, this opportunity is tailored for you.

Qualifications

• 8-10 years of experience in payment and receipt operations within financial institutions.
• Strong knowledge of MAS, SGX, and international financial regulations.

Responsibilities

• Oversee payment and receipt functions, ensuring compliance with MAS and SGX.
• Supervise a team for daily payment processing and fund transfers.

Skills

Payment Processing

Financial Reconciliation

Regulatory Compliance (MAS, SGX)

Analytical Skills

Leadership

Problem-Solving

Education

Bachelor’s/Master’s degree in Finance

Bachelor’s/Master’s degree in Accounting

Bachelor’s/Master’s degree in Business

Tools

SWIFT

FAST

MEPS+

SGX CDP

Job description

About the Role:

We are seeking for someone who is experienced and detail-oriented to lead and oversee financial transactions, settlements, and fund management.The ideal candidate will ensure timely, accurate, and compliant processing of payments and receipts while optimising cash flow and risk management in accordance with Monetary Authority of Singapore (MAS) regulations and Singapore Exchange (SGX) rules.

Key Responsibilities:

• Oversee and manage all payment and receipt functions, including client fund settlements, trade transactions, and reconciliations.

• Ensure timely and accurate processing of funds related to securities transactions, margin payments, and brokerage operations.

• Maintain strict compliance with MAS, SGX, and AML/CFT regulations, ensuring all payment processes meet legal and financial requirements.

• Liaise with local and international banks, SGX, and clearing houses to ensure smooth fund settlements and cash flow management.

• Develop and implement robust internal controls to minimise financial risks and ensure compliance with accounting and auditing standards.

• Supervise a team responsible for daily payment processing, bank reconciliations, and fund transfers.

• Work closely with the Credit, Compliance, Treasury, and Operations teams to streamline processes and mitigate operational risks.

• Handle escalations related to failed payments, transaction discrepancies, and client fund transfers.

• Leverage financial technology and automation tools to enhance efficiency in payment processing and security.

• Prepare and present reports to senior management, providing insights into fund movements, operational efficiencies, and potential areas for improvement.

• Handle ad hoc projects as required, demonstrating flexibility and problem-solving skills.

• Collaborate with cross-functional teams to support business objectives.

Qualifications & Skills:

• Bachelor’s/Master’s degree in Finance, Accounting, Business, or a related field.

• 8 – 10 years of experience in payment and receipt operations within a stock brokerage, financial institution, or securities firm in Singapore.

• Strong knowledge of MAS, SGX, and international financial regulatory frameworks.

• Expertise in banking operations, securities settlement, payment processing, and financial reconciliation.

• Experience working with SGX’s CDP (Central Depository), FAST, MEPS+, and SWIFT payment systems.

• Excellent analytical, leadership, and problem-solving skills.

• Ability to manage high-value transactions with accuracy and efficiency.

• Strong communication skills for effective coordination with internal and external stakeholders.

• Familiarity with financial technology and automation solutions for payment processing.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available athttps://www.persolkelly.com.sg/policies. You acknowledge that you have read, understood, and agree with the Privacy Policy