Strategic Finance Professional for Private Banking and Wealth Management
2 days ago
As a key member of our finance team, you will play a critical role in supporting our Wealth Management business in Singapore. This position requires a seasoned finance professional with expertise in Private Banking accounting practices, balance sheet substantiation, transfer pricing, and MIS reporting.
Responsibilities- You will oversee product control for the Wealth Management business, ensuring alignment with Private Banking Finance standards.
- Your primary focus will be on ensuring timely and accurate calculation, verification, and reporting of daily P&L and MIS for internal stakeholders.
- You will collaborate with Business, Operations, Risk, Treasury, FC&R, CMA, Valuations, and other functions to resolve queries related to booking, valuation, accounting, financial resources, and management reporting.
- You will perform in-depth reviews and analyses of Wealth Management business activities to identify significant items for senior management.
- Additionally, you will handle month-end processes, including balance sheet substantiation, transfer pricing, MIS/KPI reporting, and validation of key management metrics.
- You will also support cross-asset onboarding initiatives across firm-wide booking platforms and evaluate legal entity suitability. You will review and assess new business transactions presented to relevant committees.
To be successful in this role, you will require:
- A Bachelor's degree or accounting qualification.
- At least 10 years of relevant experience, with expertise in Private Banking accounting practices, balance sheet substantiation, transfer pricing, and MIS reporting.
- Familiarity with Avaloq banking suite would be advantageous.
- A strong understanding of legal entity and management reporting controls.
The estimated salary for this position is $120,000 - $180,000 per annum, depending on your experience and qualifications.
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