AVP, Wealth Management Operations Specialist, CBWMO, Group COO at DBS Bank

Singapore, Singapore, Singapore -

Full Time

Start Date

Immediate

Expiry Date

25 Jul, 26

Salary

0.0

Posted On

27 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Wealth Management, Trade Order Placement, Settlement, Mutual Funds, Hedge Funds, Private Equity Funds, Corporate Actions, Compliance, SFA Regulations, SLA Management, Reconciliation, Standard Operating Procedures, UAT Testing, Process Improvement, Leadership, Risk Policy

Industry

Banking

Description

Responsibilities Process trade order placement and settlement of Mutual Funds, Hedge Fund, Private asset fund and Corporate Action events Process on-boarding requests for Funds and support on any new fund launch or on-boarding requests received from Product Servicing of Reverse enquiry request from client on fund subscription / transfer in not in bank’s approved list Ensure full compliance to all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers Ensure daily exception reports/nostro/custodian and inter system reconciliation breaks are being promptly follow up and resolved Regular update of Standard Operating Procedures to align with process / system changes Review user requirement on system changes for UAT and participate in UAT testing To engage Business to improve operation processing flow supported by Operation’s team initiatives to ensure Operations process is being assessed before implementation Review Staff performance and growth development Requirement At least 6 years of experience in a Private banking / Wealth management environment in operation Adequate Knowledge in Investment products namely Mutual funds, Hedge funds and Private Equity funds Functional knowledge/experience in back office support is required Adequate knowledge in market regulations and application of bank’s risk policy Having Good thought Leadership and Motivational skill Location: DBS Asia Hub Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

The role involves processing trade orders, fund on-boarding, and ensuring full compliance with regulatory policies and internal SLAs. Additionally, the specialist will manage reconciliation, update standard operating procedures, and engage with business teams to optimize operational workflows.