Position Summary
We are seeking an experienced professional (5+ years) to lead and build the Middle Office function for our Custody and Financial Institutions (FI) businesses.
This is a strategic, handson leadership role responsible for new business setup, departmental restructuring, and process transformation. The role serves as a key bridge between Front Office, Custodians, Back Office, Treasury, and Head Office, ensuring efficient execution of transactions, pricing, onboarding and full compliance with MAS regulations and
internal risk frameworks
Key Responsibilities
1. Business Setup & Process Transformation
- Design and implement end-to-end middle office workflows for new products
- Establish SOPs, SLAs, and control frameworks
- Lead automation, system migration, and UAT initiatives in partnership with IT and Head Office
2. FI Middle Office Management
- Oversee deposit pricing and FTP coordination with Treasury
- Ensure robust instruction controls (maker-checker, SWIFT MT103/202/202)
- Manage institutional client onboarding, KYC/AML, FATCA/CRS compliance
- Monitor FI credit limits and counterparty risk
3. Custody Operations & Compliance
- Monitor trade lifecycle and settlement risks
- Ensure alignment between Singapore regulatory requirements and Group standards
4. Stakeholder, Audit & Regulatory Management
- Act as primary liaison with Head Office
- Coordinate audits, regulatory inspections, and MAS reporting
Qualifications
- Bachelor's degree or higher in Finance, Economics, Law, or Business
- 5+ years experience in Banking Middle Office, Operations, or Product Control
- Proven experience in business setup, transformation, or restructuring
- Strong knowledge of MAS regulations, AML/CFT, and SWIFT standards
- Strong leadership and cross-functional coordination skills
R1105492
23C1935
