Assistant Manager, Wealth Solutions Ops Sg
5 days ago
Job ID: 36102
Location: Singapore, SG
Area of interest: Private Banking & Wealth Management
Job type: Regular Employee
Work style: Hybrid Working
Opening date: 7 Aug 2025
**JOB SUMMARY**
- Working as part of the Wealth Solutions Operations (WSO) team in Singapore to provide end-to
- end governance and controls of Operational processes covering WM products supported by GBS and WSO hubs. The incumbent will work with key stakeholders across Wealth Lending Operations, Corporate actions, Settlements, Asset Transfers, Account Maintenance, Tax Operations, Balance Sheet Substantiation, Nostro, Sundry & Suspense Reconciliation and support Product Managers, Country / Group related Projects and Process enhancements.**RESPONSIBILITIES**
**Strategy**
To support the 5G321-Growth strategy of the Singapore franchise to become the leading wealth manager to affluent clients.**Business**
The job holder will work with WMO’s stakeholders including CMPS, Product, GBS hubs in KL & India, Contact Centre & Client experience teams, Compliance, Finance, Tax and Auditors to achieve Business and Operational efficiency targets. In addition, the job holder will assist in the collation, preparation and submission of weekly & Monthly Key MIS and Project updates to Management.**Processes**
The job holder will be responsible for reviewing DOIs from Country and GBS teams and perform Balance Sheet reconciliation and substantiation for Wealth Solutions account balances including validation & attestation of all relevant Sundry and Suspense accounts against WM TPSS (Transaction Processing Settlement systems) on a daily and monthly basis. He / She will also manage the preparation, printing and mailing of Advices & Contract notes and general query processing instructions covering account opening and tax operations related queries.**People & Talent**
Job holder should be a Team player, a quick learner, reliable, curious and able to escalate issues promptly where appropriate. He/She should be comfortable working in a fast-paced environment and prepared to go the extra mile.**Risk Management**
The job holder will support the Country Process Owner in the management of operational risk across processes to identify, assess, manage, mitigate, monitor, report and escalate operational and technology risks within the ambit of the Operational Risk Framework.**Governance**
The job holder will be responsible for assisting the Head of WSO SG in the governance of processing Hubs (GBS KL & India & WSO SG), Custodian and 3rd Party service providers including the conduct of Service and periodic risk reviews, and managing e all queries related to governance, tax, regulatory and statutory issues.**Regulatory & Business Conduct**
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
**Key Stakeholders**
- Outsourcing Service Providers including GBS India, KL, HK & SG hubs.
- Regulatory Compliance Teams.
- BRMs and TPRM teams
- WM COO Leads.
- CMPS & Product Leads.
- Country and Group Tax
- Country Finance & Group R2R teams.
- Auditors - External & Internal
- Custodian banks and Fund houses.
- 5+ years’ experience working with Wealth Lending, Premium Financing, Leverage Financing and Capital Market products
- Providing support for various Wealth Lending operations processes within Country and Global Business Services (GBS).
- Providing support to Wealth Lending, Premium Financing Business timely.
- Supporting account opening, maintenance, margin calls, lending booklet.
- Participating in project initiatives and taking up ad hoc tasks as require
**Role Specific Technical Competencies**
- Knowledge in Wealth Lending Operations
- Product Knowledge of Capital market products including Equities, OTC Derivatives, Securities, Unit Trusts and Structured Notes.
- Outsourcing Governance and Periodic risk reviews & SRM
- Regulatory Compliance & Tax operations
- Client Servicing
**About Standard Chartered**
- We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.- Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand
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