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DBS Bank

AVP, Wealth Management Operations Specialist, CBWMO, Group COO

DBS Bank
BusinessSingapore - EastFull-time5 days ago
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About the role

AI summarised

The role is an Assistant Vice President in Wealth Management Operations within the Consumer Banking and Wealth Management Operations (CBWMO) division of a bank's Group COO function. The specialist will oversee operational processes, ensure compliance, and drive efficiency in wealth management operations.

BusinessFull-timeGeneral

Key Responsibilities

  • Oversee day-to-day operations of wealth management processes, including trade settlement, corporate actions, and asset servicing.
  • Ensure compliance with regulatory requirements and internal policies, including AML and KYC procedures.
  • Identify and implement process improvements to enhance operational efficiency and reduce risks.
  • Collaborate with front office, risk, and technology teams to resolve operational issues.
  • Prepare and present operational reports and metrics to management.
  • Participate in system enhancements and UAT for new wealth management platforms.
  • Manage and mentor junior operations staff.

Requirements

  • Bachelor's degree in Finance, Business, or related field.
  • Minimum 8 years of experience in wealth management operations or related area.
  • Strong knowledge of wealth management products, including equities, fixed income, and derivatives.
  • Familiarity with regulatory requirements such as MAS regulations, AML, and KYC.
  • Proficiency in using wealth management systems and Microsoft Office.
  • Excellent analytical and problem-solving skills.
  • Strong communication and stakeholder management skills.
  • Ability to work under pressure and meet tight deadlines.