Global Markets Securities Transfer Coordinator
6 days ago
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels.
Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices.
If you have passion, drive and the will to succeed, rise to the challenge todayBank of Singapore opens doors to new opportunities.
Start your career with Bank of Singapore as an Operations Analyst in our Asset Services function.
We are seeking a team member to join our Asset Services function.
The incumbent will handle and coordinate Portfolio transfer and securities transfer team in the Global markets, across all securitized products (equity/bond/structured products/funds) and work closely with the Business on their clients' transfers.
ResponsibilitiesPre-processing check for all transfers and coordinate Portfolio Transfers
Ensure all relevant approval is obtained and instruction provided by Business adheres to client's signing mandate and procedure
For transfers of portfolio, coordinate with various teams to ensure smooth transition of client assets as well as Portfolio transfers via Letter of Undertaking
Escalate any deviation to procedure
Securities Transfer
Close liaison and coordination with various parties including Front Office, internal departments, custodians and counterparties
Proficient in managing daily requests for security transfer from initiation of request to completion
Effective management and resolution of failed transfers
Adherence to procedures, control guidelines, market regulation and compliance framework
Provide seamless, efficient and value-added services to front office
Controls
Effective management of stock and cash breaks
Perform end of day control checks
Ensure any exception handling is as per exception handling framework
Query Management
Ensure all queries from Business are resolved within expected timeframe or escalated to the correct parties
Change Management
Identify control gaps and work with the team to review process efficiency and deliver improvements
Participate in projects as and when required
Qualifications
Entry level to 3 years of experience in Private Bank Operations especially in Securities Transfers or Securities Settlements
Tertiary education with a good academic track record
Good knowledge of Microsoft Office
Clear written & verbal communication skills with all levels of staff
Client-oriented mindset
Meticulous and good team player
Ability to work independently & drive initiatives forward until delivery
Ability to work effectively with both Front Office and Support staff, at all levels
Ability to work & deliver under time pressure
Proactive in identifying any process gaps, providing or suggesting solutions to improve productivity
Ability to perform ad-hoc system testing
Knowledge in MS Access / Python / Power BI is a plus
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