Private Banking Settlement (Equity/Bond/Corporate Action) (ID: 689008)

PERSOL; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A recruitment firm in Singapore is looking for a skilled individual to manage settlement processes for various wealth management products, including equities and bonds. The role requires at least 5 years of experience in Private Wealth Management operations and a Bachelor's degree in a related field. You will oversee corporate actions, handle position reconciliation, and improve operational workflows. Strong communication skills and self-motivation are essential. Knowledge of Avaloq systems is a plus.

Qualifications

• Minimum 5 years of relevant experience in the banking industry and Private Wealth Management operations.

Responsibilities

• Manage settlement processes for various wealth management products.
• Handle corporate actions, position reconciliation, and client statements.
• Participate in systems user acceptance testing (UAT).
• Propose improvements to enhance operational workflow.
• Oversee the SWIFT Alliance System management.
• Address issues related to remittances and deposits.

Skills

Communication skills

Self-motivation

Knowledge of Avaloq systems

Education

Bachelor’s degree in Business Administration

Job description

Responsibilities

• Manage settlement processes for various wealth management products, including equities, bonds, mutual funds, and structured products.
• Handle corporate actions, position reconciliation, and client statements.
• Participate in systems user acceptance testing (UAT) and assist in training new system users.
• Propose constructive and practical improvements to enhance operational workflow and minimize risks.
• Oversee the management of the SWIFT Alliance System, including processing SWIFT payments.
• Address issues related to remittances and deposits, coordinating with relevant stakeholders for resolution.
• Perform additional duties as assigned.

Requirements

• Bachelor’s degree in Business Administration or a relevant field.
• A minimum of 5 years of relevant experience in the banking industry, specifically in Private Wealth Management operations.
• Self-motivated and able to work independently with strong communication abilities.
• Knowledge of Avaloq systems will be an advantage.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

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