Private Banking Operations Specialist – Settlements & Controls

Cathaybk; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

Cathay Bank Singapore is seeking a Private Banking Operations Specialist to handle settlements of PB investment products and related tasks. The role covers equities, bonds, mutual funds, structured products, and DCIs, with Avaloq knowledge an advantage.

Responsibilities include settlements, corporate actions, reconciliations, client statements, SWIFT payments, remittance issues, and cross-functional coordination to mitigate operational risks.

Qualifications

• Bachelor's degree in Business Administration or relevant discipline.
• Minimum 5 years’ related banking experience, PWM Operations preferred.
• Proficient in English and Chinese for liaising with HQ.

Responsibilities

• Handle settlements of all wealth management products (equities, bonds, mutual funds, structured products, DCIs).
• Manage corporate actions, position reconciliation and client statements.
• Be trained to be a trainer for the new system and participate in UAT.
• Suggest improvements to operational workflows to reduce risk.
• Oversee SWIFT Alliance System and SWIFT payments release.
• Coordinate remittance and deposit issues and liaise with stakeholders.
• Perform other duties as assigned.

Skills

Bilingual English/Chinese

Education

Bachelor's degree in Business Administration

Tools

Avaloq

Job description

Cathay Bank Singapore is seeking a Private Banking Operations Specialist to handle settlements of PB investment products and related tasks. The role covers equities, bonds, mutual funds, structured products, and DCIs, with Avaloq knowledge an advantage.

Responsibilities include settlements, corporate actions, reconciliations, client statements, SWIFT payments, remittance issues, and cross-functional coordination to mitigate operational risks.