Product Specialist, Alternatives Investment & Managed Solutions (avp)

Singapore, Singapore

Job Description


Bank of Singapore opens doors to new opportunities.Start your career with Bank of Singapore as a Product Specialist (AVP) in Private Markets & Hedge Funds team.Bank of Singapore (\xe2\x80\x9cBOS\xe2\x80\x9d) is a wholly owned subsidiary of OCBC Bank, Southeast Asia\xe2\x80\x99s second largest bank. Headquartered in Singapore, Bank of Singapore is one of the fastest growing private banks in Asia.The Alternative Investments and Managed Solutions business of BOS is responsible for the sourcing, selection, advisory, marketing and post-sales lifecycle management of both public and private market funds and investment solutions as well as discretionary and advisory portfolio management. These funds are offered to clients in the form of fund structures or as structured notes with the fund as the underlying.The Private Markets & Alternatives (\xe2\x80\x9cPM&A\xe2\x80\x9d) team is responsible for the identification (origination), selection, onboarding & due diligence, investment advisory and distribution and post-sales monitoring of third party, professionally managed, private market fund investment opportunities (including private equity and private credit investments and hedge funds.The Hedge Fund (\xe2\x80\x9cHF\xe2\x80\x9d) team is responsible for the identification (origination), selection, onboarding & due diligence, investment advisory and distribution and post-sales monitoring of third party, professionally managed, hedge fund investment opportunities.The Real Estate Advisory & Investments (\xe2\x80\x9cREAI\xe2\x80\x9d) team is responsible for the identification (origination), selection, onboarding & due diligence, investment advisory and distribution and post-sales monitoring of third party, professionally managed, private market fund investment opportunities with real estate as the underlying asset class. In terms of investment advisory and marketing, the team markets to RMs, ICs and clients regarding such real estate fund investments.Key Roles and ResponsibilitiesThe new hire will assist the Alternative Investments team in the build out of Alternatives Investments product shelf including, but not limited to: * Originating & sourcing Private Market Funds and maintaining a pipeline of Private Market & Hedge Funds to bring to the AIMS management team for discussion and consideration for potential on-boarding to BOS;

  • Performing and leading Private Market Funds on-boarding workstreams, including but not limited to, financial, commercial, operational, tax and legal due diligence and the completion of relevant internal checklists and processes for on-boarding, all in compliance with internal BOS policies and procedures;
  • Reviewing and negotiating agreements, offering memoranda and documentation relating to the on-boarding and distribution of Private Market Funds by BOS;
  • Managing and liaising with legal, compliance, tax advisors and other service providers for the negotiation and drafting of legal documentation relating to Private Market Funds;
  • Preparing the internal BOS operations process and support for subscriptions, closings, capital calls, distributions, other related corporate actions and reporting processes for Private Market Funds, as necessary;
  • Preparing materials, completing relevant checklists and managing the internal approval process for the on-boarding and distribution of Private Market Funds by BOS (including for presentation to Investment Committees), in addition to obtaining external approvals from any relevant regulatory or other relevant bodies;
  • Preparing for and managing BOS bank-wide marketing, distribution and advisory of Private Market Funds to BOS front office staff and making presentations to clients (including, but not limited to, launch materials, education materials, hosting training events, coordinating presentations by Private Market & Hedge Funds managers to front office staff or clients);
  • Providing advisory services relating to Private Market Funds for BOS clients in the context of changing macroeconomic environment;
  • Leading the education and training of internal parties, relationship managers and clients across Private Market Funds and strategies, and allocation to Private Market Fund and build fluent knowledge of Private Market & Hedge Funds on the BOS platform;
  • Post on-boarding and distribution, the monitoring and reporting of Private Market Fund Investment performance, any market related activity impacting a Private Market Fund and continued eligibility to remain on the BOS platform and formulating and actioning any required follow up with BOS stakeholders including but not limited to Investment Advisors, Relationship Managers or other internal colleagues;
  • Assisting with the monitoring and reporting of sales and revenue of Private Market Funds;
  • Preparing investment memos and client presentation materials related to Private Market Fund manager recommendations, fund updates and other thematic discussion topics from time to time.
QualificationsWork Experience Requirements
  • Minimum of 5 years work experience in Asset Management/Private Bank as a product specialist, with experience in client engagement and customer experience
  • Strong investment background, with solid knowledge of Private Markets & Alternatives/Real Estate Advisory & Invsement/Hedge Funds/ Alternatives
  • Experience with and keen interest in digital projects and building out of digital solutions
  • Knowledge and hands on experience with data analytics tools such as Power BI, Tableau and/or Qlikview with the ability to interpret this data and draw conclusions
  • Excellent verbal and written communications skills with the ability to project a high level of professionalism, and effectively communicate with clients, portfolio managers and management in small and large settings
  • Experience in Python or similar coding language will be looked upon favourably
Education Requirements
  • Graduate education from a prestigious institution with specialization in a relevant fie
  • CFA qualifications preferred
MAS Licensing RequirementsSecurities and Futures Act (SFA)
  • Dealing in capital markets products that are securities
  • Dealing in capital markets products that are units in a collective investment scheme
  • Fund Management (to be removed upon liquidation of BOS China; to delete for Hedge Funds and Real Estate Advisory & Investment team)
Financial Advisers Act (FAA)
  • Advising on investment products (securities)
  • Advising on investment products (units in a collective investment scheme)

Bank of Singapore

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Job Detail

  • Job Id
    JD1444276
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned