Receivable jobs in Germany

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Bank of Singapore opens doors to new opportunities.!

The successful candidate will join the Business Change Management team, focusing on delivering change together with the Finance Business Controlling Unit.

Finance Business Controlling is the dedicated partner for all financial management matters related to external intermediaries and OCBC One Group collaboration.

This role will potentially lead a team of financial analysts in running the day-to-day operations for the external intermediary business, insurance referral business as well as the various OCBC One Group collaboration partnerships. The incumbent will also support the pillar head to setup and operationalize new external intermediary and One Group collaboration initiatives.

What you do

Business Controlling - Financial Intermediary and Insurance Referral:

• Continually optimize the operational processes for the Financial Intermediaries (FIM) business to reduce payment risk and eliminate operational risk incidents.

• Oversee the accurate calculation of retrocession fees based on signed agreements with external partners and sign-off on periodic Referral Commission processes relating to external intermediaries (RIs/IAMs/EFAs).

• Ensure that all retrocession-related activities comply with relevant regulatory requirements and internal policies

• Collaborate with FIM Excellence Centre (FIMEC) to uphold overall FIM governance and partner with Front Office business managers to create referral commission transparency.

• Implement new FIM agreement setup in the retrocession calculation application.

• Lead the retrocession calculation application enhancement and upgrades to continuously improve calculation, accrual and process enhancements

• Responsible for the operational accounts receivable functions of the Insurance Referral business from accruals, invoicing and working with all the bank's insurance partners.

Business Controlling - Group Collaboration and Business Finance:

• Provide value-added financial insights and analytics to Front Office in order to drive and support key business decisions with regards to One Group Collaboration.

• Facilitate implementation, tracking and monitoring of new group collaboration initiatives.

• Oversee the accurate calculations, payment and recognition of internal referral revenue sharing processes under existing and new One Group Collaboration agreements.

• Primary liaison for finance department to support BOS interests in all intra-group collaboration

Who you are

• Minimum of 7-8 years of experience in finance, with a strong focus on asset management and retrocession calculations.
• Proven experience in a leadership or supervisory role within a finance department.
• In-depth knowledge of Financial Intermediary business, retrocession agreements, financial reporting, and asset management processes.
• Ability to work effectively in a fast-paced and dynamic environment, managing multiple priorities.
• Proficient in Data Visualisation tools (e.g. Power BI or Tableau) and SQL preferred

Degree in Accounting, Banking or Finance.

We would like to remind you that eFinancialCareers is a job board and does not conduct hiring or ask for payment or any financial details as part of the job application process.

If you receive any suspicious messages claiming to be from us or a hiring company, we urge you not to click on any links and not to reply to the message itself.

Instead, please report the message to our support team at support@efinancialcareers.com .

It is advisable to always verify job offers directly with the hiring company.

Asia's global private bankBank of Singapore is a wholly owned subsidiary of OCBC Bank, Southeast Asia’s second largest bank. Headquartered in Singapo...

Find thousands of job opportunities by signing up to eFinancialCareers today.