Our client is a well established MNC bank with strong presence in the APAC region. They are actively hiring for a dynamic professional to drive new business initiatives and restructuring administrative operations. The role bridges Front Office, Custodian, and Back Office teams to ensure smooth deposit pricing, trade execution, and client onboarding, while maintaining full compliance with MAS regulations and internal risk frameworks.
Key Responsibilities
- Business Architecture & Operational Transformation (Primary Focus)
- Business Setup: Design and implement end-to-end middle office processes for new products, including SOPs and SLAs.
- Process Optimization: Identify operational inefficiencies and lead restructuring initiatives to automate workflows, mitigate risk, and improve turnaround times.
- Change & Systems Management: Drive departmental change by coordinating system enhancements, migrations, and UAT with IT and Head Office.
- Financial Institutions Middle Office Oversight
- Deposit Pricing: Partner closely with Treasury to manage FTP, approve client deposit pricing, and ensure alignment with spreads, liquidity, and client segmentation.
- Transaction Instructions: Govern instruction processing for interbank placements and settlements, enforcing robust maker-checker controls for SWIFT messaging.
- Client Onboarding & KYC: Oversee the full KYC/AML lifecycle for institutional clients, including complex structures, Wolfsberg questionnaires, and compliance with FATCA/CRS and MAS regulations.
- Credit & Counterparty Risk: Monitor FI credit limits and manage collateral requirements as applicable.
- Custody Operations & Compliance
- Trade & Settlement Monitoring: Track trade lifecycles, identify exceptions, and implement early risk indicators for settlement or operational issues.
- Regulatory Alignment: Ensure custody operations and agreements remain compliant across Singapore and Head Office regulatory frameworks.
- Stakeholder & Regulatory Management
- Head Office Coordination: Act as the primary liaison between the Singapore branch and Head Office, communicating local regulatory and operational requirements.
- Audit & Reporting: Support internal and external audits, regulatory reviews, and prepare submissions to MAS.
Requirements
- Bachelor's degree or above in Finance, Economics, Law, or Business Administration.
- Minimum 5 years experience in Banking Middle Office, Operations, or Product Control within a global financial institution.
- Strong advantage for candidates with proven experience in business setup or operational restructuring, with demonstrable process or team build-out achievements.
- High learning agility with the ability to quickly grasp new systems, regulations, and products.
- Solid technical knowledge of SWIFT standards (ISO 15022/20022), MAS Banking Act, and local AML/CFT requirements.
- Strong leadership and coordination skills in a cross-functional, matrix environment.
How To Apply
Interested candidate, please submit your updated resume in MS WORD Format to:
Email [Confidential Information] or call your Consultant, Raymond Gan (Reg. No: R1988743), at
6590 9968 or
WhatsApp 9297 1560 for a confidential discussion.
Please Indicate The Below Information In Your Resume
- Current & Expected salary
- Reason(s) for leaving
- Availability to commence work
