Operations Analyst, New Business and Custody Services (6 months contract)

Employer
Bank of Singapore
Location
Singapore, Singapore
Salary
Competitive
Posted
22 Sep 2022
Closes
22 Oct 2022
Ref
16980500
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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 an Operational Analyst (6 months contract) in our New Business and Custody Services Team! !

Main Duties:
  • Facilitate and leads engagement between Operations and Custodians, eg. monthly service review sessions with Custodian. Additionally, support Operations on issues and escalations with Custodians
  • Perform periodic Custodian and Nostro Agents review, renewal of POA and provision of BOS ASL to Custodians and opening and closing of segregated accounts
Responsibilities:
  • Facilitate and leads engagement between Operations and Custodians, eg. monthly service review sessions with Custodian
  • Support Operations on issues and escalations with Custodians
  • Perform periodic Custodian and Nostro Agents review
  • Performs renewal of POA and provision of BOS ASL to Custodians
  • Supports opening and closing of segregated accounts
  • Supports ad-hoc requests from custodians and nostro agents related to AML/CFT
  • Maintain SSI including point of contacts and BCP arrangement with custodians and nostro agents
  • Perform PDPA/GDPR/Third Party Risk Management review (which includes raising Justification Memo annually)
  • Perform annual review - AML CFT and FATCA
  • Supports onboarding and offboarding of custodians and nostro agents
  • Face off to the internal and external counterparties (eg. compliance, front office, custodians/agents, etc)

Qualifications

Requirements
  • Degree in Business Management, Banking and Finance or equivalent 3 years experiences in Operations within a private bank / investment banking
  • Custody and Network knowledge preferred
  • Ability to work under pressure and willing to drive changes for improvement
  • Good team player and communication skill
  • Possess strong knowledge of security products and Private Banking operational processes
  • Good knowledge in Microsoft applications (Outlook, Excel, Word)
  • Good communication skills, both written and verbal

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