Assistant VP / Manager, Cash Management, Private Bank
Full time
at United Overseas Bank
in
Singapore
Posted on April 25, 2024
Job details
Assistant VP / Manager, Cash Management, Private Bank Posting Date: 26 Mar 2024 Location: Singapore (City Area), Singapore, SG, 048624 Company: United Overseas Bank Ltd About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers. About the Department UOB Private Bank is dedicated to managing the wealth of high-net-worth individuals with investment assets of$5million and above. Keeping in mind our clients' financial objectives, we provide tailored products and solutions that draw on the Group's comprehensive suite of personal, business and investment services. Job Responsibilities • Validate client's instructions that are related to Cash transactions e.g, Telegraphic Transfer,Internal Transfer, Fixed Deposit • Ensure that control processes such as signature verification, necessary approval are obtainedaccording to the authority grid and first level call back are properly performed before sending thetransactions to Operations by cutoff times. • Perform independent call back to validate the authenticity of client's instruction • Manage exception handlings by closely engaging Front Office, Risk Management and ProductManagement to ensure that they are processed within policy parameters and acceptable riskappetite. • Act as a single contact point for any enquires or clarification between Front Office/Back Office • Follow up with Operations for any discrepancies • Undertake ad-hoc tasks assigned periodically Job Requirements • Degree/Diploma in Business, Banking & Finance • Minimum 4 years working experience in financial institution • Co-ordinating role requiring high degree of communication • Requires great flexibility and versatility - should be able to simultaneously manage severaldifferent issues / queries in addition to daily processing related co-ordination • Independent Self Starter able to take charge of the role, initiate reviews, escalate in a timelymanner based on independent assessment & analysis • Committed and conscientious personality, to take ownership and responsibility to ensure complete follow-through to problem solving Be a part of UOB Family UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application. Apply now and make a difference.
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In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers. <br> <br> <br> <br> <b> About the Department </b> <br> <br> <br> <br> <b> UOB Private Bank </b> <br> is dedicated to managing the wealth of high-net-worth individuals with investment assets of$5million and above. Keeping in mind our clients' financial objectives, we provide tailored products and solutions that draw on the Group's comprehensive suite of personal, business and investment services. <br> <br> <br> <br> <b> Job Responsibilities </b> <br>• Validate client's instructions that are related to Cash transactions e.g, Telegraphic Transfer,Internal Transfer, Fixed Deposit <br> • Ensure that control processes such as signature verification, necessary approval are obtainedaccording to the authority grid and first level call back are properly performed before sending thetransactions to Operations by cutoff times. <br> • Perform independent call back to validate the authenticity of client's instruction <br> • Manage exception handlings by closely engaging Front Office, Risk Management and ProductManagement to ensure that they are processed within policy parameters and acceptable riskappetite. <br> • Act as a single contact point for any enquires or clarification between Front Office/Back Office <br> • Follow up with Operations for any discrepancies <br> • Undertake ad-hoc tasks assigned periodically <br> <br> <br> <br> <b> Job Requirements </b> <br>• Degree/Diploma in Business, Banking & Finance <br> • Minimum 4 years working experience in financial institution <br> • Co-ordinating role requiring high degree of communication <br> • Requires great flexibility and versatility - should be able to simultaneously manage severaldifferent issues / queries in addition to daily processing related co-ordination <br> • Independent Self Starter able to take charge of the role, initiate reviews, escalate in a timelymanner based on independent assessment & analysis <br> • Committed and conscientious personality, to take ownership and responsibility to ensure complete follow-through to problem solving <br> <br> <br> <br> <b> Be a part of UOB Family </b> <br> <br> <br> UOB is an equal opportunity employer. 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Hiring company
United Overseas Bank
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