| | 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 |