Treasury Operations Specialist

Recruit Avenue; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to manage transaction processing and settlement operations in banking. This role involves confirming and processing various financial transactions, handling settlements, and ensuring compliance with regulatory standards. The ideal candidate will possess strong experience in banking settlements, a solid understanding of financial products, and proficiency in relevant banking systems. Join a dynamic team where your expertise will contribute to the smooth operation of private banking services and drive success in a fast-paced environment.

Qualifications

• Strong experience in banking settlements and private banking operations required.
• Solid knowledge of financial products like FX, Options, and Bonds needed.

Responsibilities

• Process and confirm transactions for various financial products.
• Handle settlements for Treasury and Private Banking transactions.
• Prepare monthly KPI and transaction volume reports.

Skills

Banking Settlements

Private Banking Operations

Financial Products Knowledge

Communication Skills

Organizational Skills

Interpersonal Skills

Tools

Microsoft Office

Avaloq

Treasury System

Swift

PB System

MEPS+

Job description

RESPONSIBILITIES

Transaction Processing

• Check and confirm transactions for FX, FX Options, Bonds, Equities, Funds, Derivatives, and Structured Products (DCI, SI) in the system.
• Create new instrument records.
• Process asset transfers with custodians and counterparties.
• Update daily MTM (mark-to-market) prices and valuation reports.
• Review pre-funding reports and handle data corrections with management approval.

Settlement Operations

• Handle settlements for Treasury and Private Banking transactions.
• Monitor settlement status and liaise with Treasury for trade funding.
• Ensure smooth fixing and settlement of structured products.

Corporate Actions

• Monitor corporate action events and coordinate with RMs and custodians.
• Process income and securities from corporate actions.

Reconciliation & Reporting

• Perform daily securities position reconciliation.
• Check internal system reports (PB system, Solar, etc.).

Confirmations & Statements

• Prepare and verify transaction confirmations and client statements.
• Maintain documentation and track client confirmations.

System Testing & UAT

• Support system enhancements, UAT for new products, and annual BCP/DR drills.
• Participate in regulatory and infrastructure testing (e.g., MEPS DR).

Monthly Reports & Regulatory Tasks

• Prepare KPI and transaction volume reports.
• Process client and custodian fees.
• Support regulatory and internal reporting needs.
• Conduct voice log checks.

General Support & Compliance

• Handle inquiries from internal teams.
• Assist in product and procedure reviews, audits, and self-inspections.
• Investigate reconciliation breaks and prepare audit confirmations.

REQUIREMENTS:

• Strong experience in banking settlements and private banking operations.
• Solid knowledge of financial products (FX, Options, Bonds, Structured Products, etc.).
• Familiarity with banking systems (Treasury, Swift, PB System, MEPS+, etc.).
• Proficient in Microsoft Office; Avaloq experience is a plus.
• Knowledge of regulatory compliance, AML, data protection, and risk controls.
• Good communication, organizational, and interpersonal skills.

EA License Number: 23C1935 | EA Personnel Number: R1551292