Private Banking Operations Analyst

Cathaybk; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

Cathaybk is seeking a seasoned PWM Operations professional in Singapore to manage settlements for PB investment products and related operational duties. The role requires coordinating settlements, corporate actions, reconciliations, and client statements, with a focus on risk reduction and workflow optimization.

Ideal candidates will have 5+ years in PWM Operations within banking and be proficient in English and Chinese for liaison with HQ.

Qualifications

• Bachelor’s degree in Business Administration or a relevant discipline.
• Minimum 5 years’ related working experience within the Banking industry, particularly in PWM Operations space.
• Proficient in spoken and written English/Chinese to liaise with Chinese speaking headquarter counterparties.

Responsibilities

• Handling the settlement of all wealth management products, including equities, bonds, mutual funds, structured products, structured deposits etc.
• Handling of Corporate Actions, position reconciliation and client statements
• Trained to be trainer to the new system, while participating in systems UAT
• Making constructive and practical suggestions to enhance operational workflow and reduce operational risks
• Management of SWIFT Alliance System, including releasing of SWIFT payment
• Management of issues related to remittances and deposits
• Co-ordination with other stakeholders to resolve issues
• Carries out other duties as and when assigned

Skills

English

Chinese

Education

Bachelor’s degree in Business Administration or related discipline

Tools

SWIFT Alliance System

Job description

The role is responsible in handling all operational matters related to Private Banking, including settlements of all PB investment products, such as but not limited to bonds, equities, mutual funds structured products, DCIs etc. Good avaloq knowledge will be an advantage.

Key Responsibilities

• Handling the settlement of all wealth management products, including equities, bonds, mutual funds, structured products, structured deposits etc.
• Handling of Corporate Actions, position reconciliation and client statements
• Trained to be trainer to the new system, while participating in systems UAT
• Making constructive and practical suggestions to enhance operational workflow and reduce operational risks
• Management of SWIFT Alliance System, including releasing of SWIFT payment
• Management of issues related to remittances and deposits
• Co-ordination with other stakeholders to resolve issues
• Carries out other duties as and when assigned

Job Requirements

• Minimum a bachelor’s degree in Business Administration or a relevant discipline
• Minimum 5 years’ related working experience within the Banking industry, particularly in PWM Operations space.
• Proficient in spoken and written English/Chinese to liaise with Chinese speaking headquarter counterparties.