OCBC

Wealth Management Operations - AVP

OCBC  •  Singapore, SG (Onsite)  •  3 hours ago
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Job Description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

We are seeking a team member to join our Custody Services Team under Group Wealth Operations (GWO).

We are the voice of Group Wealth Operations for new business and services. We liaise and work with custodians and nostro agents to enable the infrastructure for post-trade settlement and lifecycle management support.

The role holder works hand in hand with the Group O&T stakeholders such as the Head of Operations, Head of Departments, as well as stakeholders from across Businesses and other Supporting Functions (such as Legal, Compliance, Credit, Finance etc.) to respond to business and management’s requests.

Why Join

Imagine being part of a team that helps people grow their wealth and achieve their financial goals. As a Wealth Management Operations AVP at OCBC, you'll play a critical role in ensuring the smooth delivery of our wealth management services. You'll be part of a dynamic team that's passionate about making a difference in people's lives.

How you succeed

To succeed in this role, you'll need to be meticulous, organized, and able to work well under pressure. You'll need to build strong relationships with our wealth management teams and external partners to ensure seamless execution of our services. Your attention to detail and analytical skills will be essential in identifying and resolving operational issues.

What you do

  • Work with Business, Products and other supporting Functions (such as Finance, Technology, Legal & Compliance, Risk etc) to support new products and services
  • Represent Operations in Functional Specialist Meeting to document process flows for new products and services and coordinate product papers review
  • Manage tracking and closure of project and change deliverables in relation to new product and services
  • Project management of key strategic projects and business initiatives across GWO
  • Drive operational transformation initiatives.
  • Work with internal stakeholders and external custodians/ nostro agents on new regulatory or service changes from custodians/ nostro agents
  • Liaise with custodians/nostro agents on account opening, maintenance and closure of the accounts. This includes Request for Proposals/Information for custodian/nostro agent selection.
  • Perform periodic reviews with appointed custodians/nostro agents (e.g. service reviews, AML CFT related)
  • Support Operations on issues and escalations with custodians/nostro agents
  • Undertake other duties as assigned by manager

Who you are

  • Bachelor’s degree from a reputable university
  • Minimum 7 years relevant experience in Operations preferably within private banking with good understanding of the functions of O&T department, knowledge of products such as Custody, Nostro agents, Securities Services & Derivatives
  • Strong meeting organization and facilitation skills, experience and ease in interfacing with Senior Management and support teams
  • Delivery focused and embracing challenges in a quickly changing, complex and fast-paced environment
  • Good analytical skills, positive attitude and good learning ability with attention to details
  • Experienced negotiator and skilled in conflict resolution.
  • Self-motivated and able to work independently and under minimum supervision
  • Excellent leadership, communication and interpersonal skills

Who we are

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.

But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

What we offer

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Degree

What we offer:

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC

About OCBC

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1932
Website
ocbc.com
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