About this role
Job Description:
• Process trade order placement and settlement of Mutual Funds, Hedge Fund, Private asset fund and Corporate Action events
• Process on-boarding requests for Funds and support on any new fund launch or on-boarding requests received from Product Team.
• Servicing of Reverse enquiry request from client on fund subscription / transfer in not in bank’s approved list
• Ensure full compliance to all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers
• Ensure daily exception reports/nostro/custodian and inter system reconciliation breaks are being promptly follow up and resolved
• Regular update of Standard Operating Procedures to align with process / system changes.
• Reviews and assesses processes and introduce system improvements for efficiency and controls. Participates in system’s UAT as and when assigned.
• To engage Business to improve operation processing flow supported by Operation’s team initiatives to ensure Operations process is being assessed before implementation
• On-time escalation of issues and risks to the Team leader or to the Department Head.
• Performs other duties that may be assigned from time to time.
Requirements:
• Minimum 3 years of experience in a Private banking / Wealth management environment in operation function.
• Strong knowledge in Investment products namely Mutual funds, Hedge funds and Private Equity funds
• Functional knowledge/experience in back office support is required
• Adequate knowledge in market regulations and application of bank’s risk policy
Location: DBS Asia Hub Job: Operations Schedule: Regular Employee Status: Full time