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Morgan McKinley - Singapore

Life Operations Funds Proposition Specialist 12 months contract

Morgan McKinley Singapore
Posted 10 days ago Contract Competitive
Life Operations Funds Proposition Specialist 12 months contract
Job Summary
  • Singapore
  • Contract
  • BBBH831400
  • Oct 18, 2022
  • Competitive
Job Description
Morgan McKinley is working in partnership with a leading bank currently looking for a 12 month contractor to join their team. This position reports into the Client review head.

Life Operations / Funds Proposition Specialist

Job Description

On-Boarding of new funds on the investment linked fund platform and Migration of assets from existing underlying funds of ILP funds to new AM funds.

The scope includes, but not limited to:
  • Provide system requirements and perform end-to-end User Acceptance Testing (UAT) for onboarding of new funds
  • Clearing of negative units of the ILP funds' underlying funds. Depending on the AUM of the funds, the process of clearing the negative units will start 2-3 months before the asset migration.
  • Premium re-direction of future regular premiums and recurring single premiums using a script. The premium re-direction will be approximately 2-3 weeks before asset migration.
  • Actual asset migration using the script. To update all parties on the number of policies successfully migrated and the number not migrated due to pending transactions on a daily basis.
  • After asset migration, IT to provide list of policies for price patching. Together with IT, to monitor the price patching on a daily basis.
  • Inform policyholders via letters and SMS for affected policies.
  • Daily monitoring and liaison with IT on those policies not migrated due to pending transactions, and ensure all policies are eventually migrated.
  • Rectification of fund units, if any, for fund closure audit.
Qualification and requirements
  • Degree in Business/Finance related areas (preferred)
  • 1-3 years of experience in Life Operations / Investment or Fund Operations
  • Knowledge of software: Word, Excel, Power Point, Bloomberg and VBA/Python programming skills is a plus
  • Excellent organizational capabilities, reliable and able to meet tight deadlines
  • Business acumen for managing various stakeholders with good communication skills, verbal and written
  • Strong team player with critical thinking
If you're interested in this role, please send your updated CV (word format) to fleow@morganmckinley.com for a confidential discussion

Referrals are greatly appreciated.

Morgan McKinley Pte Ltd

EA Licence No: 11C5502

Registration No: R21101982

Registration Name: Fabian Leow

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as a notification that you have not been shortlisted

Job ID  BBBH831400
ABOUT COMPANY
Singapore
61 Employees HR & Recruitment
As a global professional services recruitment consultancy, Morgan McKinley connects specialist talent with leading employers across multiple industrie...
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