Job Description

Bank of Singapore opens doors to new opportunities.

Start your career with Bank of Singapore as an Asset Transfer Operational Specialist (6 months contract) in our Portfolio Operations, Post Trade Services Team!

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. 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!

Job Overview:

We are seeking a team member to join our Front Office Support Services (FOSS) function. The incumbent will handle co-ordinate Portfolio Transfers and securities transfer in the Global markets, across all securitized product (equity/bond/structured products/funds) and work closely with the Business on their clients\' transfers.

Responsibilities

Pre-processing check for all transfers and co-ordinate Portfolio Transfers

\xc2\xb7 Ensure all relevant approval is obtained and instruction provided by Business adheres to client\'s signing mandate and procedure

\xc2\xb7 For transfers of portfolio, co-ordinate with various teams to ensure smooth transition of client assets as well as Portfolio transfers via Letter of Undertaking

\xc2\xb7 Escalate any deviation to procedure

Securities Transfers

\xc2\xb7 Close liaison and coordination with various parties including Front Office, internal departments, custodians and counterparties

\xc2\xb7 Proficient in managing daily request for security transfer from initiation of request to completion

\xc2\xb7 Timely and accurate processing of security transfer request

\xc2\xb7 Effective management and resolution of failed transfers

\xc2\xb7 Adherence to procedures, control guidelines, market regulation and compliance framework

\xc2\xb7 Provide seamless, efficient and value added services to front office

Control

\xc2\xb7 Effective management of stock and cash breaks

\xc2\xb7 Perform end of day control checks

\xc2\xb7 Perform Risk & Control Self Assessment (RCSA) checks

\xc2\xb7 Ensure any exception handling is as per exception handling framework

\xc2\xb7 Ensure all queries from Business is resolved within expected timeframe or escalated to the correct parties

\xc2\xb7 Identify control gaps and work with team to review process efficiency and deliver improvements

Requirements

\xc2\xb7 2 to 4 years of experience in Private Bank Operations especially in Securities Transfers or Securities Settlements

\xc2\xb7 Tertiary education with a good academic track record

\xc2\xb7 Good knowledge of Microsoft Office

\xc2\xb7 Clear written & verbal communication skills with all levels of staff

\xc2\xb7 Client-oriented mindset

\xc2\xb7 Meticulous and good team player

\xc2\xb7 Ability to work independently & drive initiatives forward until delivery

\xc2\xb7 Ability to work effectively with both Front Office and Support staff, at all levels

\xc2\xb7 Ability to work & deliver under time pressure

\xc2\xb7 Proactive in identifying any process gaps, providing or suggesting solutions to improve productivity

\xc2\xb7 Ability to perform ad-hoc system testing

\xc2\xb7 Knowledge in MS Access / Python / Power BI is a plus

: Singapore

: Operations

: BOS - Operations

: Permanent

: Full-time

: 20-Sep-2023, 6:24:19 AM -

Additional Information

Career Level

Not Specified

Qualification

Not Specified

Job Type

Full-Time

Job Specializations

,

Additional Company Information

Registration No.

197700866R

Industry

Banking / Financial Services

Singapore Post