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Urgent! AVP / VP – Sales Control & Support, Private Banking Job Opening In tsim sha tsui hong kong – Now Hiring Bauer Kaiser & Co Limited

AVP / VP – Sales Control & Support, Private Banking



Job description

Our client, a leading financial services firm is currently looking for an experienced Private Banking, Middle Office Manager/Snr Mgr.

Reporting to the Head of PB Control & Support, the incumbent will manage the middle office controls of post trade sales suitability & monitoring.

Details

Key Focus:

  • Manage the controls in Middle Office post trade sales suitability monitoring, call monitoring and posting of retail transaction for Private Bank business.
  • Support Private Banking Client Advisors (CAs) in preparation electronic credit applications, credit documentation and mortgage loan application.
  • Coordinate and collect the Initial Public Offers (IPO) for Private Banking clients.

Responsibilities – Manage & Guide a team of operational managers in to ensure:

  • Post Trade Sales Suitability Monitoring to ensure commentary is received and actions are taken for unsuited trades as per internal policy and regulatory requirements.
  • Call monitoring and perform Cross Border Guideline controls, follow up rectification and make recommendations as appropriate
  • Coordinate and collect the IPO applications, perform allocation and obtain approval for allocation for institutional tranche
  • Support the preparation of Credit Applications for submission to Private Banking Credit Risk for approval:
    – Obtain relevant information from CAs in preparation of electronic credit applications
    – Liaise with CAs to gather necessary information to Private Banking Credit Risk for credit assessment
    – Follow through the credit approval process until electronic credit application is approved
  • Prepare the credit documentation for client’s signatory
  • Assist CAs to submit the Mortgage Loan application
  • Check daily foreign exchange report and follow up any invalidated trades with responsible parties until rectification is complete
  • Clear Desk Policy Review
  • Liaise with relevant parties, e.g. Compliance, Operational Risk, Compliance, etc.

    in migrating new and streamlining existing processes to maximize productivity and efficiency in Private Banking
  • Conduct and coordinate periodic business monitoring and activities.  Escalate issues to Department Head.  Follow up on exceptional / unreconciled items / SARs, etc until resolution
  • Assist Department Head in ad hoc projects from time to time

Qualifications & Skills

  • University graduate
  • Solid experience in banking operations and risk control and credit analyst, preferably in private banking business or wealth management
  • Good communication, team player, interpersonal and leadership skills
  • Ability to analyse situations, prioritise, implement processes, solve problem effectively and work independently
  • Good command of writing and verbal English and Chinese
  • Proficiency in MS Excel, PowerPoint and Word is a must

Excellent remuneration package offered to the successful candidate


Required Skill Profession

Sales Representatives, Wholesale And Manufacturing



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