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A leading bank in Asia is seeking an Assistant VP for Custody Investment Operations. The role involves operational support, process automation, and compliance with regulatory requirements. Ideal candidates will have extensive experience in banking operations and strong analytical skills.
Assistant VP, Custody Investment Operations Center, Group Technology & Ops
Assistant VP, Custody Investment Operations Center, Group Technology & Ops
Posting Date: 25 Apr 2025
Location:
Singapore (City Area), SG
Company: United Overseas Bank Ltd
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.
About the Department
Group Technology and Operations (GTO) provides software and system development, information technology support services and banking operations.
We have centralized and standardized the technology components into Singapore, creating a global footprint which can be utilized for supporting our regional subsidiaries and the branches around the world. We operate and support 19 countries with this architecture to provide a secure and flexible banking infrastructure.
Our Operations divisions provide transactional customer services for our businesses while also focusing on cost efficiency through process improvements, automation and straight through processing.
Job Responsibilities
Reporting to the Team Lead for Custody and Investment Operations Centre, this person will have the responsibility to provide daily operational support and be involved in new product implementations and process automation initiatives in the Corporate Action environment.
Key Responsibilities :-
- Understanding of business operations
- Ability to identify business requirement and challenges through data analysis.
- Improve corporate action process through GenAI.
- Streamline corporate action processes through system enhancements to achieve optimum productivity and process efficiency using Marco, VBA program.
- Analyze and interpret corporate action data, including event terms and conditions and payment process.
- Adhere to processing KPIs, Service Levels and compliant with internal controls and various legislation, regulations and bank policies
- In-depth understanding of product parameters, policies, guidelines and regulatory requirements on domestic and global market operations.
- Ensure compliance with regulatory requirements and industry standards
- Identify and mitigate operational risks associated with corporate actions processing.
- Carry out management reporting and any other assignments as given by Department Head and Division Management
Job Requirements
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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 territori...