SO/Manager

United Overseas Bank; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

1011 United Overseas Bank Ltd. is seeking a Private Bank Middle Office Security Settlement specialist in Singapore. You will support settlement for security transactions, validate entries in the PB system and liaise with Back Office and counterparties to ensure accuracy and timeliness.

The role requires 3–6 years in securities settlement, strong analytical and communication skills, and proficiency with MS Office. A fast-paced, independent work style and ability to meet deadlines are essential.

Qualifications

• Degree/Diploma in Business, Banking/Finance, Accounting or equivalent work experience.
• 3–6 years of operations experience in securities settlement across asset classes.
• Able to work independently with tight deadlines and strong communication.
• Proficient in MS Office, especially Excel.

Responsibilities

• Liaise with Back Office and counterparties to ensure accurate and timely settlement of security transactions.
• Validate securities transactions in PB system prior to instructing processing units.
• Communicate settlement discrepancies and provide guidance on resolution.
• Reconcile cash and security positions daily and resolve discrepancies.
• Coordinate portfolio transfers across asset classes with internal/external parties.
• Disseminate corporate action notifications and obtain timely responses from Front Office.
• Maintain static data of securities in PB system.
• Provide assistance and advice on settlement matters.

Skills

Communication

Excel

Analytical skills

Independent work

Education

Business/Finance degree

Tools

PB system

Job description

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values - Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

The successful candidate will be part of the Private Bank Middle Office Security Settlement team providing middle office trade settlement support for security transactions and all other settlement related activities. These activities include:

• Liaison with Back Office and counter parties to ensure accurate and timely settlement of security transactions.
• Validate security transactions in PB system prior to instructing processing units.
• Communicate settlement discrepancies/exceptions to Front Office, Back Office and relevant parties including providing instructions and guidance on proper resolution of issue.
• Reconcile cash and security positions with internal and external counter parties on a daily basis and ensure timely resolution of any discrepancy.
• Coordinating with internal and external parties to process client's portfolio transfer instructions involving different asset classes.
• Dissemination of corporate action notifications from custodians and ensuring timely receipt of response from Front Office.
• Maintenance of static data of securities in PB system
• Providing assistance and advice on security settlement subject matters.

Requirements:

Degree/Diploma in Business, Banking/Finance, Accounting, or progress towards degree or equivalent work experience.

• Minimum 3-6 years of operations experience in securities settlement with product and settlement experience covering exchange traded instruments, fixed income, structured notes, unit trust, derivatives, FX, corporate action and asset transfer.
• Able to work independently with minimal supervision in a fast-paced environment and meet tight deadlines.
• Effective communication and analytical skills; with demonstrated ability to work effectively with all levels within the organization.
• Familiar with MS Office Suite, especially Excel.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.