Private Bank Treasury Operations (Assistant Manager / Senior Associate)

Responsibilities

1. Transaction Process

• Check FX transaction (Spot, Forward, NDF) details and confirm in system

• Check FX option transaction details and confirm in system

• Check Structured Product transaction (DCI and SI) details and confirm in system

• Check Bond and Note transaction details and confirm in system

• Check Derivative transaction details and confirm in system

• Create new instruments for transactions

• Assist on asset transfer form/to other financial institutions and resolve issues if any. Validate asset transfer transactions in system

• Check pre-funding report

• Check daily update of securities MTM price to system

2. Settlement Process

• Validate securities instructions and monitor settlement status

• Double check settlement funding in custodian bank

• Check fixing and settlements for structured products, eg DCI, SI, and structured notes, etc

3. Corporate Action

• Double check corporate action events in custodian system and inform RM by emails

• Monitor corporate action follow-up and reply to custodian bank

• Validate corporate action incomes/securities received

4. Reconciliation and Daily Reports

• Daily check securities positions reconciliation

• Daily check reconciliation reports: PB systems & Solar

• Daily check reports generated by system

5. Confirmation & Statement

• Check and validate confirmations for equity, funds, income transactions, cash movement, etc

• Check and mail confirmations to clients

• Check weekly confirmation tracer list forward to RM

• Verify and maintain client transaction documents, eg. Confirmations in excel file or system

• Verify documents signed by client and scan in systems

• Check monthly statement list mail to clients

6. SG Trade Reporting (SGTR)

• Upload daily transactions and valuation

• Download daily batch reports

• Follow up with LCD and DTCC for MAS requirements of SGTR

7. System Testing & UAT

• Assist in system enhancement and identify system bugs

• System testing for new products

• Annual SG BCP drill and HQ DR

• MEPS annual DR

8. Monthly Jobs and Reporting

• Prepare KPI and Transaction volume reports

• Client fee checking and process: hold mail fee, account maintenance fee

• Custodian fee checking and input GL in system

• System user right checking: every half year

• Check/prepare regulatory reports or any adhoc reports requested by regulators

• Voice log quality checking for Treasury and Treasury Operation staffs

9. Others

• Assist on inquiries from Marketing, Product team, Investment team, accounting

• Product program reviewing

• Annual review on procedures and working manuals

• Investigation on Nostro breaks

• Perform periodic self-inspection

• Attend to internal and external auditor’s requests and queries

• Prepare and update MBO

• Check audit confirmation request from clients and prepare balance certificate requested by clients

• Carry out any other duties as assigned by supervisor/HOD as and when required

Requirements:

• Min 3 years of relevant experience in Treasury Operations settlement

• Experience with Continuous Linked Settlements (CLS)

• Relevant settlement experience in a banking environment

• Good processing knowledge of financial products: FX, FX Option, Swap, Equity, Funds, Bonds, Notes, Structured products

• Relevant experience in Banking systems (eg Murex, FCC, PB system, Swift, MEPS+, SGTR system)

• Good communication, interpersonal, and organizational skills

• Good ability to provide guidance to team members and monitor team members’ performance

• Good knowledge of Microsoft Office

• Knowledge of related regulations, Anti Money Laundering & Terrorist Financing, Customer Data Protection and Operational Risk Issues

• Singaporeans only