United Overseas Bank Ltd (UOB)

Assistant Vice President, Retail Investment Operations - Settlement & Reconciliation

United Overseas Bank Ltd (UOB) | Date Posted: 12-Jul-2018
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'N' Levels / 'O' Levels, ITE/ NITEC/ Higher NITEC, 'A' Levels, Diploma, Bachelor's / Honours, Masters / PhD

Job Description

Functional area: T&O Retail
Employment type: Full-time
Job Type: Permanent

  • Manage team that performs duties related to daily/monthly trade and cash reconciliation, settlement and corporate actions for funds, bonds and equities
  • Identify exceptional cases / contingency situations and escalate to management
  • Ensure timely and accurate daily reconciliation of various fees, commission & expenses
  • Ensure procedures are up to date and compliance to Regulatory and internal guidelines
  • Ensure processes are performed within agreed turnaround times
  • Prompt detection and escalation of exceptions & track for closure
  • Identify areas for improvement in service quality to participants
  • Participate and assist in cross-departmental projects or initiatives
  • University degree with at least 7 years of experience in banking/financial industry
  • Experience in managing teams
  • Knowledge in trades, settlement processing or corporate action for Funds (mutual, hedge and alternate investment), Equities and Fixed Income
  • Good verbal and written communication skills to effectively interact with colleagues and external parties
  • Ability to work independently and in teams
  • Dedicated, self-driven and highly motivated
  • Good attitude, open-minded and able to work in a fast-paced and changing environment
  • Experience in CPFIS/SRS schemes will be an advantage
  • MS office - Excel, PowerPoint, Word
Company Overview
United Overseas Bank Ltd (UOB)
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Today, UOB is rated among the world’s top banks: ‘Aa1’ by Moody’s and ‘AA-’ by Standard & Poor’s and Fitch Ratings. Generations of UOB employees for the past 80 years have carried through the entrepreneurial spirit, focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. At UOB, we believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and grow their businesses,