Assistant Manager, Settlements - Private Bank

A regional bank is looking for an experienced Private Banking Operations professional to join its team. This is a hands-on role covering investment product settlements, corporate actions, payments and operational improvement initiatives. Roles & Responsibilities • Process and settle private banking investment products, including equities, bonds, mutual funds, structured products and structured deposits. • Handle corporate actions, position reconciliations and client statements. • Manage SWIFT Alliance activities, including the release of SWIFT payments. • Investigate and resolve issues relating to settlements, remittances and deposits. • Participate in system enhancements and UAT, including supporting user training for new systems and processes. • Identify practical improvements to enhance operational efficiency and reduce operational risks. • Work closely with Front Office, internal stakeholders, custodians and counterparties to resolve operational matters. • Support other operational initiatives and responsibilities as assigned. Requirements • Bachelor’s degree in Business Administration, Banking, Finance or a related discipline. • Minimum 5 years of relevant banking operations experience, preferably within Private Banking or Wealth Management Operations. • Hands-on experience in investment product settlements, corporate actions, reconciliations or payments. • Familiarity with SWIFT payment processing and release will be advantageous. • Avaloq knowledge will be an advantage. • Strong attention to detail and commitment to maintaining effective operational controls. Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion. Claire Ang R22109899 EA License: 22S1193