Senior Associate, Fund Operations

BOS Wealth Management Malaysia Berhad (a subsidiary Bank of Singapore)

BOS Wealth Management Malaysia Berhad opens doors to new opportunities.

Join us and build your career with BOS Wealth Management Malaysia Berhad. At BOS Wealth Management Malaysia Berhad, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential. We also believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like or what you believe in. We therefore welcome applications from all suitably-qualified candidates. If you have passion, drive and the will to succeed, rise to the challenge today!

We are looking for Senior Associate, Fund Operations.

Position Overview

We are seeking a dynamic and experienced Senior Associate, Fund Operations to join our organization. The successful candidate will be reporting to Vice President, Fund Operations and are responsible to assist in ensuring the smooth operation of daily trades processing, settlements, monitoring of corporate actions, stock holdings reconciliation and portfolio valuation of unit trust funds and private mandates. The successful candidate will also be responsible to ensure that day to day processes are carried out efficiently and daily NAV/fund prices are computed timely and accurately in accordance with SC’s guidelines and basis of valuation is consistent with disclosure in prospectuses/ Information Memorandum/ Investment Agreement/ Deeds/ Operations Manual.

Key Responsibilities

• Perform daily operations, which includes investment processing, data uploading and importation process of security transactions, holdings, prices, and foreign exchange rates, etc. for both unit trust funds and private mandates.
• To ensure submission of reports for private mandate clients, regulatory bodies, and Trustees are accurate and delivered on timely basis.
• Ensure readiness of cash/trading accounts prior to commencement of investment by the Fund Managers.
• Daily monitoring of cash flows and reconcile against online bank statements. Ensure all cash inflows and outflows are projected accurately in cash flows.
• Regulatory reports to the SC/EPF, funds information for both internal reporting and external publications are reviewed promptly and accurately. All tax returns and computations are reviewed, computed correctly, and submitted promptly to IRB.
• Identify and specify the need for system enhancement to improve the process workflow. Resolved outstanding system issues and enhancements with vendor on timely manner.
• Ensure portfolio valuation are performed accurately on daily basis taking into account the accuracy of corporate actions, capital injection and withdrawal are accounted for timely and trade settlement are done on time.
• Ensure unit trust funds’ income distributions i.e. sources of income are computed correctly as and when there are declaration of income distribution by the unit trust funds.
• Corporate actions – communicate timely and effectively with the Fund Managers on corporate action decision and ensure proper accounting of corporate action in the portfolio valuation of the unit trust funds and private mandates.
• Assist in unit trust funds annual audit and compliance audit by FiMM.

Qualifications

• Diploma/Bachelor's Degree in Business Administration, Finance / Accounting or partial Professional Accounting Qualification or in related field.

Work Requirements

• At least 3 - 5 years’ experience in similar capacity in asset management or unit trust industry.
• Personal Attributes: Upholds integrity, excellent team player, excellent written and verbal communication skill, able to work under highly stressful environment and eye for detail.
• Computer skills literacy: Microsoft Office – Word, Excel.

Primary Location

Petaling Jaya, Selangor, Malaysia

Job

Senior Associate, Fund Operations

Organization

BOS Wealth Management Malaysia Berhad

Schedule

Permanent

Full-time

Job Posting

19-Jul-2024,03:08:02 PM