We are supporting a regional bank in the hire of an experienced Private Banking Operations professional to support end-to-end operational activities across a broad range of wealth management products.
Key Responsibilities
- Manage end-to-end operational processing of investment products, including trade booking, confirmation, settlement, reconciliation, and exception handling
- Support the full investment lifecycle across products such as equities, bonds, mutual funds, structured products, structured deposits, and private equity funds
- Handle corporate actions, including mandatory and voluntary events, client elections, and entitlement processing
- Perform cash, position, and transaction reconciliations, and investigate operational discrepancies
- Process deposits, remittances, and asset transfers
- Handle payment processing activities via SWIFT Alliance
- Generate trade advices, account statements, and operational reports
- Participate in system enhancements, user acceptance testing (UAT), and process improvement initiatives
- Work closely with Front Office, Compliance, Finance, custodians, brokers, fund houses, and other stakeholders to resolve operational issues
- Support ad hoc projects and operational initiatives as assigned
Requirements
- Degree in Business, Finance, Banking, or a related discipline
- At least 8 years of relevant experience in Private Banking Operations, Wealth Management Operations, or Investment Operations within the banking industry
- Good understanding of investment products and operational processes across the trade lifecycle
- Experience in trade settlement, corporate actions, reconciliations, and payment processing
- Familiarity with SWIFT payment processing
- Experience with Avaloq will be an advantage
- Strong attention to detail, communication, and problem-solving skills
Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion.
Claire Ang (R22109899)
EA License: 22S1193
