Senior Operations Specialist, Wealth Management
Salary undisclosed
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- Process Client Transactions: Handle client instructions for outgoing payments, transfers, and standing instructions.
- Manage Incoming Funds: Collaborate with the Client Management Team to manage incoming funds and internal account transfers.
- Coordinate Security Transfers: Work with the Service Centre to ensure timely processing of client security transfers, remittances, and income statements.
- Custom and Regular Reporting: Support the creation of customised performance and profit and loss reports, portfolio consolidation, audit confirmations, and assist in regular performance report consolidation.
- Update Settlement Instructions: Ensure custodian and standing settlement instructions (SSI) are up to date.
- UAT Testing: Participate in user acceptance testing
- Reconciliation: Perform daily and monthly cash and position reconciliation between our core system and third-party custodians.
- Client Onboarding: Work closely with the Client Management Team to manage client onboarding with third-party custodians and ensure ongoing documentation updates.
- Due Diligence: Conduct regular due diligence on third-party custodians and insurance brokers.
- Operational Fund support: Provide operational support for the implementation of funds
- Database Management: Manage and maintain the MIS database, ensuring transaction activity records are current.
- Process Improvements: Drive process improvements for productivity and quality enhancements; risk mitigation; design and execute strategic initiatives to enhance business efficiency and growth.
- Stakeholder Partnership: Collaborate with internal stakeholders to drive operational excellence.
- Administrative Tasks: Handle all other administrative matters as required.
- Educational Background: Bachelor’s degree or equivalent in Economics, Finance, Accounting, Business
- Experience: Minimum of 6 years of operations experience in Wealth Management
- Risk Management Expertise: Strong expertise in operations risk management, proficient in identifying key risks and managing actions to mitigate and resolve them.
- Analytical Skills: Self-driven and highly analytical, with a keen attention to detail
- Reconciliation and Payment Processing: Prior experience in reconciliation and payment processing is preferred
- Custody Expertise: Experience with custody operations, including asset servicing, and corporate actions is preferred.
- Investigative Skills: Strong and proven investigation skills, with ability to liaise effectively with internal and external parties
- Communication Skills: Excellent communication and interpersonal skills
- Technical Knowledge: Prior experience with Temenos T24 is preferred
- Multitasking: Able to handle multiple tasks efficiently
- Excel Proficiency: Strong proficiency in Excel, including experience with VBA and/or Macros
- Team Player: A strong team player with the ability to develop and maintain strong working relationships with global internal departments and external counterparties
- Adaptability and Innovation: Adaptable to change and an advocate for fostering an innovative culture within the team
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