Senior Associate-Treasury Operations (Private Banking)

RESPONSIBILITIES:

 1.     TRANSACTION PROCESS

• Check FX transaction (Spot, Forward, NDF) details and confirm in system.
• Check FX Option transaction details and confirm in system.
• Check Structured Product transaction (DCI 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: contact counterparties, custodians and input transactions in system.
• Check Pre-funding report.
• Daily update of securities MTM price, 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. DCI, SI and structured notes.

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: TA & Murex, TA & 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. PSP, Term sheet, Confirmations.
• Verify documents signed 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 SG 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 Operations staff.

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 and prepare balance certificate requested by clients.
• Carry out any other duties as assigned by supervisor/HOD as and when required.

KEY COMPETENCIES:

• Relevant settlement experience in Private 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. 
• Having Avaloq system experience will be added advantage.

EA License Number: 18C9289 | Registration Number: R1551292 

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