The Junior Securities Dealer is responsible for the dealing/execution of capital markets products to fulfill Wealth Management orders providing Wealth Management unit with a wide array of products after performing product due diligence and risk assessment, where required for recommended products.
Responsibilities:
- Provide services on capital market products/securities
- Ensures timely execution of securities/funds purchase and sale transactions and accurate capture of all done transactions in the applicable trading platform
- Scouts the market and recommend ideas that may be offered to clients to provide clients with a wider array of products that will fit their investment/trading needs
- Facilitates the new product processes to be offered (coordinates the product due diligence and risk assessment)
- Discusses any issues with stakeholders at all stages of the product due diligence and risk assessment process
- Conducts post launch reviews on all approved products
- Conducts ad-hoc and annual reviews to ensure that the product risk levels of all approved products are properly adjusted, if necessary, based on current market conditions and the Branchs business condition
- Ensures the policies and procedures in relation to the product due diligence and risk assessment are updated in accordance with prevailing rules and regulations
- Ensures regulated activity business is operating in accordance with applicable SFA and MAS regulations. Handles queries of regulatory authorities related to the regulated activity business
- Perform other duties assigned from time to time
Qualifications:
- Fresh graduate with a Diploma/Degree in Finance, Banking or knowledges of Capital Market Products are welcome
- 1 or 2 years experience in Finance/Banking with knowledges of Capital Market Products is a plus
- To pass or certified with FMRP. CMFAS RES2B (previously M1B), CM-EIP (Previously M6), CM-SIP (Previously M6A), CACS 1 and CACS 2
- Advanced MS Excel, VBA, Phyton is a plus
- Familiar with trading system: Bloomberg, MarketAxess and Core Banking system such as Avaloq is a plus
- Detail oriented and demonstrates thoroughness and strong ownership of work
- Good team player with a strong willingness to participate and help others
- Able to prioritize in a fast moving, high pressure, constantly changing environment; Good sense of urgency
The candidate must be willing to work onsite and a Singaporean Permanent Resident or Citizen.
