Securities Transfer Specialist

Bank Julius Bär & Co. Ltd.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Bank Julius Baer & Co. Ltd. in Singapore seeks a Transfer Operations specialist to process security transfer instructions across equities, fixed income, funds, and related products for Singapore and Hong Kong booking centers.

You will open and maintain custody accounts, ensure pre-trade validations, coordinate with custodians and SWIFT MT5xx operations, and adhere to regulatory standards. 2+ years in banking with knowledge of securities products and MS Office expected.

Qualifications

• 2+ years of relevant banking experience required.
• Knowledge of various securities products (equities, fixed income, funds, derivatives) preferred.
• Proficiency in MS Office software and core banking systems.
• Familiarity with SWIFT messaging MT5xx is advantageous.
• Maintains professional standards and regulatory compliance.

Responsibilities

• Process and validate security transfer instructions across multiple products.
• Open and maintain custody accounts in core banking system.
• Coordinate with internal teams, sub-custodians, custodians, and counterparties.
• Ensure pre-trade validation checks and SWIFT exception resolution.
• Ensure timely payment of Stamp Duty/Tax and related fees.
• Participate in User Acceptance Testing and uphold risk and regulatory standards.
• Monitor queries and provide timely responses.

Skills

Communication

Integrity

Team player

Ability to work under tight deadlines

Customer service orientation

Education

Professional Diploma/Degree in Banking or related discipline

Tools

MS Office

SWIFT MT5xx knowledge

Job description

GENERAL DESCRIPTION

Responsible for processing security transfer instructions of various products such as equities, fixed income, funds, structured products, derivatives and physical precious metals from clients covering Singapore and Hong Kong booking centers.

Opening of custody accounts with various custodian banks and maintenance of static data in the core banking system.

Ensure daily activities are conducted professionally and accurately while ensuring that internal guidelines and policies are followed.

Key Features and Accountabilities

• Client Management (internal & external) Coordinates with internal departments and external sub custodians, custodians, agents & counterparties to ensure that daily work meets organizational standards.
• Monitors the queries received and provides responses or holding replies within a reasonable timeframe.
• Business Management Input of transfer instructions received from clients into the core banking system. Ensure it meets all the pre-trade validation checks.
• Submits request for security master creation if the instrument is not available in the system.
• Maintenance of counterparty SSI in the core banking system.
• Ensures that the instructions sent to the custodians are in good order, Swift exceptions queues are cleared daily.
• Ensures timely payment of Stamp Duty / Tax and Fees, if applicable for any transfers.
• Participates in User-Acceptance-Testing when required.
• Regulatory Responsibilities & /OR Risk Management Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations. Work with the relevant teams in fulfilment of regulatory requirements.

YOUR PROFILE SKILLS REQUIREMENTS

• Personal and Social Good communication skills and able to interact with people at various levels.
• High level of integrity, commitment and drive to excel in the role.
• Demonstrates initiative, passion, independence and is an effective team-player.
• Able to work in a fast-paced environment and handle tight deadlines.
• Excellent interpersonal skills with service-oriented mindset.
• Professional and Technical Diploma/Degree and minimum of 2+ years of relevant experience in banking or related discipline.
• Good knowledge and understanding of the various securities products (i.e. equities, fixed income instruments, funds, structured products, derivatives etc.).
• Candidate with relevant experience in Security Transfer and SWIFT (MT5xx) knowledge will be an advantage.
• Proficiency in MS Office software.

Why join Julius Baer?

We are growing quickly, but we remain dedicated to maintaining our accessible structure with flat hierarchies, and approachable and supportive leaders. With offices around the world, we offer an international and stimulating work environment and the opportunity to work with a diverse team of highly motivated colleagues, bringing the best of the bank to our clients. Our core values of Care, Passion, and Excellence define the tone of how we interact with each other and our partners. Committed to your success Whether nurturing young talent with our renowned apprentice scheme, enabling ambitious university graduates to put theory into practice with our Graduate Programme, or providing first-class opportunities for experienced professionals, we look after our employees. We believe in continuous learning as a company and as individuals, which is why we put a focus on the health and well-being of our employees and offer flexible working options, a wide array of benefits, and extensive career development programmes.

• flexible working options
• wide array of benefits
• extensive career development programmes

Headquartered in Zurich, we are present in around 60 locations worldwide, including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, Shanghai, Singapore, Tel Aviv, and Tokyo.

For more information visit www.juliusbaer.com or contact us via the Contact Form.