Senior VP, Middle Office Security Settlement, Private Bank
Singapore (City Area), Singapore, SG, 048624
About 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. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department
UOB Private Bank
is dedicated to managing the wealth of high-net-worth individuals with investment assets of $5million and above. Keeping in mind our clients’ financial objectives, we provide tailored products and solutions that draw on the Group’s comprehensive suite of personal, business and investment services.
Job Responsibilities
Reporting to the Private Bank Head of Client Fulfilment, the successful candidate will be leading the Middle Office Security Settlement team, responsible for overseeing the day-to-day settlement operations for treasury and wealth management products and all other settlement related activities. These activities include:
• Lead the day-to-day processing functions for treasury and wealth management products
• Provide subject matter expertise in securities operations processes and ensure operational readiness
• Provide operation representation in all new product implementations
• Engage and work closely with related department heads to achieve business goals and objectives
• Conduct regular review of existing processes and procedures to ensure maximum operational efficiency and compliance with regulatory requirements
• To drive the initiation and implementation of new processes and workflows
• Provide guidance and training to lift capabilities of existing and new team members
• Monitor and manage service levels of all internal and external service providers
• Undertake and lead ad hoc assignments, projects and UAT
• Drive, seek process improvements and system automation to allow the team to scale up.
• Investigate and resolve client servicing or operation related issues between Front Office and Group Operations.
Job Requirements
• Degree in Business, Banking/Finance, Accounting, or equivalent work experience
• Strong knowledge of treasury and wealth management products
• 12 years of securities settlement experience preferably in private banking with minimum 7 years in a team lead capacity
• Possess settlement experience covering exchange traded instruments, fixed income, structured notes, unit trust, derivatives, FX, precious metal, corporate action and asset transfer
• A strong team player with a can-do attitude and ability to speak for the team and influence them
• Strong communication and interpersonal skills and able to engage stakeholders at all levels
• Strong knowledge in private banking system infrastructures
• Committed and conscientious personality, to take ownership and responsibility to ensure complete follow-through to problem solving.
• Entrepreneurial Spirit with view to improve systems, processes and customer service levels.
• Strong leadership, problem solving and people management skills.
Be a part of UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
Apply now and make a difference.