Manager/AVP - Business Svs, Private Bank

UOB; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

United Overseas Bank Limited in Singapore is seeking a Private Bank Middle Office – Client Fulfillment specialist to support retention, account openings, securities transfers and fee processing. You will coordinate with front, middle and back office to ensure timely processing and accurate reporting.

The role requires a degree/diploma in Business/Banking, at least 4 years in a financial institution, and strong MS Office skills.

Qualifications

• Degree/Diploma in Business, Banking & Finance or progress towards degree.
• Minimum 4 years in financial institution, preferably middle office.
• Experience in back-office operations: processing, reconciliation, securities transfer.
• Detail-oriented, able to handle repetitive tasks.
• Able to work independently under pressure.
• Strong communication and analytical skills; able to work with all levels.
• Familiar with MS Word and Excel; Excel macros or Access a plus.

Responsibilities

• Handle CASA retention renewal, adhoc retention and fresh funds requests
• Perform internal account openings (e.g. Unit Trust, Custody Service account)/maintenance/closure
• Handle internal securities transfer
• Handle fees processing (i.e. account services fees and custody fees etc)
• Perform reconciliation of transactions and handling of daily reports
• Preparation of clients letters
• Handling Adhoc Client’s Report/Common Reporting Standard (CRS) and queries from front office
• Review and seek process improvements across front, middle office and back office teams
• Liaison with back office to ensure timely processing of transactions
• Handling queries from front to back office
• Undertake ad-hoc tasks assigned by supervisor

Skills

Attention to detail

Independent worker

Analytical skills

Effective communication

Education

Degree/Diploma in Business or Finance

Tools

MS Office

Excel Macros

Job description

Company: 1011 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.

Job Description

The successful candidate will be part of the Private Bank Middle Office - Client Fulfillment, supporting the following activities.

• Handling CASA retention renewal, adhoc retention and fresh funds requests
• Perform internal account opening (e.g. Unit Trust, Custody Service account)/maintenance/closure instructions
• Handling internal securities transfer
• Handling of fees processing (i.e. account services fees and custody fees etc)
• Perform reconciliation of transactions and handling of daily reports
• Preparation of clients letters
• Handling of Adhoc Client’s Report/Common Reporting Standard (CRS) and all other queries from front office
• Review and seek process improvements across front, middle office and back office teams
• Liaison with back office to ensure timely processing of transactions
• Handling queries from front to back office
• Undertake ad-hoc tasks assigned by supervisor

Requirements:

• Degree/Diploma in Business, Banking & Finance or progress towards degree
• Minimum 4 years working experiences in financial institution, preferably in middle office role
• Experience in various back-office operation functions which includes processing, reconciliation, securities transfer etc
• Must be able to handle repetitive work; with attention to details and conscientious
• Able to work independently with minimum supervision and work under pressure/ tight timeline
• Effective communication and analytical skills; with demonstrated ability to work effectively with all levels within the organisation
• Familiar in MS Office, especially Microsoft Words and Excel. Excel Macros or MS Access will be an added advantage.

Additional Requirements

Develop, Engage, Execute, Strategise

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate’s age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.