Operations Officer (structured products) | Private Banking

• Salary: $5,000 - $6,500 per month
• Working Location: Bugis
• Working Hours: Monday - Friday, 9am - 6pm

Responsibilities:

Derivatives (Asia Structured Products):

• Manage AC/DC Product Lifecycle Processes (Equity and FX underlyings / Pivots / TARFs)

  • Create and set-up asset in system and provide long form confirmation for client
  • Perform trade and cashflow confirmation to counterparties
  • Manage daily fixings until end of product lifecycle

• Handle daily OTC FX Options and DCI Fixings

• Manage and upload daily valuation (MTM)

• Notify front office timely of any (early) redemptions for structured notes (FCN/ELN)

• Be the subject matter expert for front office and head office Operations

Payments / Transfers:

• Process incoming and outgoing payments and troubleshoot when issues arise
• Manage the delivery of securities free of payment and vs payment (incoming and outgoing)
• Handle cheque and cash related transactions
• Dealing with Head Office for Reconciliation breaks

Special Condition Set-up / Handling

Amend and verify stock exchange orders

Manage retrocession and trailer

Other tasks:

• Perform client offboarding related task
• Write off securities
• Legal Entity Identifier (LEI) application and renewal
• Handle return mail management
• Mail physical output
• Manage physical archive
• Be a point of contact across various teams in local and head office
• Perform any other ad hoc operations activities or projects as required to support the team

Requirements:

• Degree in Business/Finance or other relevant streams
• At least 3 to 5 years of experience in Financial sector will be an advantage
• Experience in Avaloq application will be an advantage
• Basic understanding of financial products
• Meticulous and strong in data management

We regret to inform that only shortlisted candidates will be notified.

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PERSOL Singapore Pte Ltd • RCB No. 200007268E • EA License No. 01C4394 • EA Registration No. R22105467 (Mary Joyce Ong)