Established for over 70 years, the Client is a leading corporate bank offering a full suite of banking services to customers worldwide. They believe in grooming their employees to become the best at what they do, and offer internal mobility opportunities.
about the role
You will be part of the Operations & Transaction Management department.
- Facilitate and process customer onboarding and/or off-boarding which includes reviewing and verifying customer data and documentation
- Process and initiate account-related change request and/or instructions received from functional and/or business units
- Perform account maintenance
- Liaise with the appropriate departments to ensure Know-you-customer (KYC) and Customer Due Diligence (CDD) and on-boarding processes are completed
- Update borrowers' financial, non-financial and facility information in order to affirm validity of existing credit risk ratings
- Track, monitor and escalate all accounts and/or transactions with documentation deficiencies and exceptions
- Review and ensure timely issuance of the bank guarantees
- Ensure timely resolution of issues and inquiries pertaining to bank guarantee requests and seek relevant approvals in the process
- Ensure bank account, custodian account and broker documentation management processes are in place
- Conduct periodic reviews of the brokers, nostros agent and custodians etc.
- Provide support during audits or MAS inspections
- Prepare regulatory reports and ad-hoc surveys for submission to MAS and any other authorities
- Prepare regular reports for submission to Head Office and local management
skills and experience required
- At least 2 years of Operations related experience within the Banking industry
- Organised and analytical
- Possess attention to detail
- Good communications and interpersonal skills
- Proficient in Microsoft Office applications
If you would like to find out more about this role, please click apply below. Alternatively please contact Lynda Tan at 6510 7413.
EA: 94C3609 / R1223887
Applicants must be fully vaccinated or have a valid exemption in accordance with MOM’s regulations to allow them to enter the workplace. Applicants may be required to share verifiable COVID-19 vaccination documents or proof of a valid exemption at the point of offer. Randstad Pte. Limited and/or the Client reserves the right to withdraw an offer if the applicant fails to provide verifiable COVID-19 vaccination and/or proof of exemption documents.