Assistant VP / Manager, Trade Support, Private Bank in Carlisle

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Assistant VP / Manager, Trade Support, Private Bank Posting Date: 18 Mar 2025 Location: Raffles (City Area), 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. Our history spans more than 80 years, guided by our values – Honorable, Enterprising, United and Committed. About the Department UOB Private Bank is dedicated to managing the wealth of high-net-worth individuals with investment assets of $5 million and above. We provide tailored products and solutions that draw on the Group’s comprehensive suite of personal, business and investment services. Job Responsibilities The successful candidate will be part of the Private Bank Middle Office Security Settlement team providing middle office trade settlement support for security transactions and all other settlement related activities. These activities include: Liaison with Back Office and counter parties to ensure accurate and timely settlement of security transactions. Validate security transactions in PB system prior to instructing processing units. Communicate settlement discrepancies/exceptions to Front Office, Back Office and relevant parties including providing instructions and guidance on proper resolution of issue. Reconcile cash and security positions with internal and external counter parties on a daily basis and ensure timely resolution of any discrepancy. Coordinating with internal and external parties to process client’s portfolio transfer instructions involving different asset classes. Dissemination of corporate action notifications from custodians and ensuring timely receipt of response from Front Office. Maintenance of static data of securities in PB system. Providing assistance and advice on security settlement subject matters. Assisting Team Lead in providing day to day management oversight over a sub team. Job Requirements Degree in Business, Banking/Finance, Accounting, or equivalent work experience. Minimum 5 years of securities settlement experience preferably in private bank, covering exchange traded instruments, fixed income, structured notes, unit trust, derivatives, corporate action and asset transfer. Able to perform under limited supervision in a fast-paced environment and meet tight deadlines. Effective communication and analytical skills; with demonstrated ability to work effectively with all levels within the organization. Able to make sound and independent decisions in resolving issues. Familiar with MS Office Suite, especially Excel. 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. #J-18808-Ljbffr