Deputy Manager, Wealth Operations – Private Bank
A regional private bank is seeking an experienced Private Banking Operations professional to support end-to-end operational activities across a range of wealth management products.
Key Responsibilities
- Handle end-to-end trade processing, including trade booking, confirmation, settlement, reconciliation and exception management across investment products
- Process transactions involving bonds, equities, mutual funds, structured products, structured deposits and private equity funds
- Manage corporate actions, including mandatory, voluntary and elective events
- Perform cash, position and transaction reconciliations, investigate discrepancies and resolve operational breaks
- Process remittances, deposits and asset transfers
- Support SWIFT payment processing and release of payment instructions
- Generate trade advices, account statements and periodic operational reports
- Work closely with internal stakeholders and external counterparties to resolve operational issues
- Participate in UAT, system enhancements and process improvement initiatives
- Support ad hoc operational projects and reporting as required
Requirements
- Bachelor's Degree in Business Administration or a related discipline
- At least 8 years of experience in Private Banking or Wealth Management Operations within the banking industry
- Good understanding of investment products and their operational lifecycle
- Experience in settlements, corporate actions, reconciliations and payment processing
- Experience with Avaloq will be an advantage
Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion.
Claire Ang
R22109899
EA License: 22S1193