Job Description

Job DetailsSenior Associate/Assistant Manager Treasury OperationsLocation:SingaporeContract type:PermanentSector:Banking & Financial ServicesSalary:$ 5000 - $ 7000Job Ref:436624Date published:29-Apr-2024Senior Associate/Assistant Manager of Treasury OperationsFUNCTIONS: * Provide back-office support and service on private banking and treasury operations.

• Process transactions, settlements, confirmation, statements, Corporate Actions and other routine jobs with adherence to risk control.
• Assist with UAT on new product or system enhancement.
• Prepare periodical reports and ad-hoc reports if required.
• Adhere to internal rules and procedures and comply with the regulatory rules.
• Report any issue encountered to Supervisors and HOD.
• Attend training to enhance knowledge and banking skill.

PRINCIPAL RESPONSIBILITIES:1. TRANSACTION PROCESS

• Check x transaction (Spot, Forward, NOF) details and confirm in system.
• Check FX Option transaction details and confirm in system.
• Check Structured Product transaction (OCI and Si) details and confirm in system.
• Check Bond and Note transaction details and confirm in system.
• Check Equity and fund transaction details and confirm in system.
• Check Derivative transaction details and confirm in system.
• Create new instruments for transactions
• Process asset transfer from/to other financial institutions: contact counterparties, custodians and input transactions in system
• Check Pre-funding report.
• Daily update of securities MTM price to system which includes follow up valuation reports from counterparties.
• Seek management approval for data correction if necessary.

2. SETTLEMENT PROCESS

• Process Treasury and PB settlements and check settlements interface status in system
• Process securities instructions and monitor settlement status
• Inform Treasury for trade settlement funding.
• Follow up fixing and settlements for structured products, e.g. Oct, si and structured notesetc.

3. CORPORATE ACTION

• Daily check corporate action events in custodian system and inform RM.
• Follow up corporate action and reply to custodian bank.
• Process corporate action incomes/securities received.

4. RECONCILIATION AND DAILY REPORTS

• Daily check securities positions reconciliation
• Daily check reconciliation reports: P5 system & Solar, PB system & FCC.
• Daily check reports generated by system.

5. CONFIRMATION AND STATEMENT

• Prepare and check confirmations for equity, funds, income transactions, cash movement...etc.
• Process client confirmations.
• Prepare weekly confirmation tracer list and send tracer emails to RM.
• Verify and maintain client transaction documents, e.g. Confirmations. in excel file or system
• Verify documents signed by client and scan in systems.
• Prepare monthly statement list and print out monthly client statements

6. SYSTEM TESTING AND UAT

• Assist in system enhancement and identify system bugs
• System testing for new products.
• Annual 5G BCP drill and HQ DR.
• MEPS annual DR

7. MONTHLY JOBS AND REPORTING

• Prepare KPI and Transaction volume reports...etc.
• client fee checking and process: hold mail fee, account maintenance fee
• Custodian fee checking and input GL in system
• Prepare Regulatory reports or any ad hoc reports requested by regulators.
• Voice log quality checking for Treasury and Treasury Operation staffs

8. OTHERS

• Assist on inquiries from Marketing, Product team, investment team, accounting..etc.
• Product program reviewing
• Annual review on procedures and working manuals.
• Investigation on Nostro breaks
• Perform periodic self-inspection.
• Attend to internal and external auditors\' requests and queries.
• Prepare and update MBO.
• Process audit confirmations requests from clients and prepare balance certificate requested by clients.
• Carry out any other duties as assigned by supervisor/team leader/HOD as and when required.

KEY COMPETENCIES:

• Relevant settlement experience in a banking environment.
• Good processing knowledge of financial products: FX, FX Option, swap, Equity, Funds, Bonds, Notes, Structured products...etc.
• Relevant experience in banking system (e.g. Treasury System, FCC, PB System, swift, MEPS+, SGTR System).
• Good communication, interpersonal and organizational skills
• Good knowledge of Microsoft office
• Knowledge of related regulations, Anti Money Laundering & Terrorist Financing, Customer Data Protection and Operational Risk issues.

Company Reg No.: 201131609D | License No.: 11C4684 | Reg. No: R22106097, Goh Jin Pin

LMA Recruitment