Portfolio Administrator, Dpm Portfolio

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 today

Bank of Singapore opens doors to new opportunities.

Start your career with Bank of Singapore as a **Portfolio Administrator (Assistant Manager/ Manager) **in **DPM Portfolio Implementation** team.

**General Description**

Discretionary Portfolio Management (DPM) in Bank of Singapore ("BOS") provides investment management service to:

- high-net-worth clients who have delegated their investment decisions; and
- fund managers when appointed as the portfolio or sub-fund manager

Teams within DPM includes:

- DPM Investment Management
- DPM Portfolio Implementation
- DPM Product and Portfolio Management

Portfolio Implementation team provides support to the DPM Investment Management teams in the area of account administration, portfolio reports and trade-related duties, including assisting with the order generation, managing currency balances and FX transactions and adding operational control to the derivatives process.

**Main Duties**

**Portfolio Implementation conducts the following activities**:
**1. Trade-related Support for Fund Management Activities**
- Pre-trade: Providing administrative support to portfolio managers including order preparation and pre-trade checks ( across approved asset classes and securities)
- Approved asset classes and securities include: stocks, bonds, mutual funds, hedge funds and liquid alternatives, private equity funds, private credit funds and real estate funds, FX, Commodities, derivatives and structured deposits
- Provide cash management and perform Portfolio FX hedging by managing currency balances and FX transactions for funding of trades, which include placing FX orders for execution through Dealing Desk
- Resolve trade-related issues with stakeholders such as Operations, Finance and Compliance
- Liaison for overseas locations in terms of portfolio management support (e.g. BOS WME, BOS WMY, BOS HK)
- End User Computing maintenance of Excel Spreadsheets used by the team

**2. Account Maintenance**
- Administrative duties for new accounts such as mandate profile forms, updating & preparing customised mandates.
- Maintenance of accounts including corporate actions, fees, reconciliation of positions for external customised accounts.
- Administrative duties for LOI management
- Partial Liquidation
- Account Closure (Full Liquidation or Transferring of securities)

**3. Internal Enquiry Management & Support**
- Manage account-related enquiries from Front Office, liaising with Portfolio Managers to ensure timely response.
- Liaise, resolve issues, and represent DPM with other departments, including information systems and operations.

**4. DPM Service Support**
- Prepare and update all proposals & client review decks.

**5. Other General Responsibilities **such as audit/compliance queries, process documentation, BCP activities, adherence to RCSA & RRSA, etc. Subject matter experts for DPM process in bank-wide projects.

**Qualifications**

**Work Experience Requirements**
- At least 3-5 years of relevant work experience at private bank, asset management or fund house.
- Strong computer literacy and experience using Microsoft Excel (include macros, pivot tables etc), Word and Power Point
- Familiarity with portfolio management tools (e.g. TAP) an advantage.
- Team player with initiative. Accuracy and attention to details.

**Education Requirements**
- At least GCE A level or diploma awarded by an accredited institution