Vice President, Custody Operations - Settlement

  • Competitive
  • Singapore
  • Permanent, Full time
  • United Overseas Bank
  • 19 Apr 18

Vice President, Custody Operations - Settlement

Reporting to the management of Custody and Investment Operations Centre, this person will be responsible, as Head of the Settlement team, to run the daily operations, to service the custody clients and to provide leadership in the team in its support to the business partners and clients.

Responsibilities:
  • Plan and manage the team's settlement and client servicing activities and deliverables
  • Review and improve operational processes and lead and develop the team to drive efficiency in operations
  • Manage operations in strict compliance with internal controls and various legislation, regulations and bank policies
  • Maintain a positive working relationship with the business partners and clients, and drive client service standards for the division
  • Take the lead on business initiatives, market changes and operational and system projects affecting the team
  • Be the "subject-matter-expert" on securities/custody operations to the business and clients
  • Develop and train the team to raise their performance and service standards
  • Possess good knowledge on local securities market settlement to engage both internal and external stakeholders to implement industry-wide project
Requirements:
  • Minimum 5 to 8 years' experience in managing securities settlements and client services preferably in custody operations
  • In-depth knowledge of Singapore securities market, depository clearing and settlement framework and systems is a must
  • Well versed with relevant legislation and regulations
  • Excellent practical knowledge of domestic and global market operations
  • Effective communication with good writing and presentation skills
  • Strong risk control/compliance mindset
  • Good client servicing skills
  • Excellent interpersonal and leadership skills
  • Motivated, driven and prepared to accept challenges
  • Be a team player and change agent

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