AVP/MGR, Asset Servicing, UOB Asset Management

  • Competitive
  • Singapore
  • Permanent, Full time
  • United Overseas Bank
  • 01 Oct 16

AVP/MGR, Asset Servicing, UOB Asset Management

The successful candidate will work in partnership with the Front Office, Portfolio Managers and Service Providers to enable the organization to competitively seize new revenue opportunities in a disciplined and controlled manner that protects and enhances the organization operation capability and reputation.

Account Opening & Maintenance

  • Account opening for broker trading account, foreign exchange, fixed deposit, etc.
  • Centralize Account Opening process including Standing Instructions and maintenance of client's static data.
  • Account Maintenance with ISS, our Proxy Voting agent on new account opening and account closure.
  • Maintain golden copy of standing instructions with custodian for cash, foreign exchange conversion and trade; and be responsible for change management control.

Corporate Actions
  • Hands-on Corporate Actions operation processing experience at checker level. Able to interpret complex Corporate Actions events and advise Fund Manager.
  • Investigate reported Corporate Actions discrepancies and resolve issues.
  • Perform REITS declaration so that its tax status is correctly reflected.
  • Issue tax certificate to IRAS for REITS clients under Omnibus account.

Cash & Fail Trade Management
  • Manage and execute non-trade instructions e.g. cash withdrawals and injections on automated tool 'Instruct' in sending workflow instructions to service provider.
  • Be the subject matter expert in using automated tool 'Instruct' in facilitating Central Dealing in sending trades to Service Provider as contingency plan when Bloomberg AIMS service is unavailable.
  • Investigate and rectify failed trade and improve STP rate.

Job requirements:
  • A recognized university degree in Accounting, Business or Banking with a few years working experience in the asset management or securities services industry.
  • Excellent communication, interpersonal and organization skills.
  • Attention to detail and strong analytical skills.
  • Proficient in MS Office (Excel, Words, PowerPoint)
  • Willingness to multi task and get involved in project work.