Private Banking Operations (Assistant Manager)

BEARING SEARCH PTE. LTD.; Town of Islip (NY); On-site; USD 60,000 - 90,000; Full time

Job summary

A leading company in the banking sector is looking for candidates to provide essential back-office support for private banking and treasury operations. Responsibilities include transaction processing, Corporate Actions, and reconciliation tasks. Ideal candidates should have relevant experience in banking systems and strong interpersonal skills.

Qualifications

• Experience in PB operations and Corporate Action/Settlement.
• Knowledge of financial products and banking systems required.
• Proficient in processing and reconciliation tasks.

Responsibilities

• Provide back-office support for private banking operations.
• Handle Corporate Actions and transaction processing.
• Prepare monthly transaction and KPI reports.

Skills

Communication

Interpersonal Skills

Organizational Skills

Tools

Microsoft Office

Avaloq

Job description

Responsibilities

• Provide back-office support to private banking and treasury operations.
• Corporate Actions processing
• Transaction processing (FX, Equities, Structured Product, Bond, Note)
• Process settlements in systems
• Daily reconciliation of securities positions / holdings.
• Prepare trade confirmations and statements to clients.
• Assist new product or system enhancement testing and UAT.
• Prepare monthly reports related to transactions, KPI and regulations

Requirements

• Relevant PB operation and Corporate Action/Settlement experience in banking environment.
• Good processing knowledge of financial products
• Relevant experience in banking systems i.e. Avaloq etc.
• Good communication, interpersonal and organizational skills
• Good knowledge of Microsoft Office

** We regret to inform that only shortlisted candidates will be notified.