The rotational graduate role within the COO function is designed to build a strong foundation in control, governance and operational disciplines that underpin a private bank. Over the programme, you will rotate across two critical pillars of business services – Client Data Management and Product Management & Control – gaining end-to-end exposure to how client information, investment products and regulatory obligations are managed across the client lifecycle.
Rotation 1 - Client Data Management
In this rotation, you will support the integrity of client data held within the core banking system.
Ensure client data in the core banking system (Avaloq) is accurate, up to date and compliant with regulations and group policies.
Perform documentation reviews of client accounts for onboarding, periodic reviews and changes in circumstances, ensuring adherence to bank policies and regulatory requirements.
Advise Front Office on documentation and client data queries, and follow up on outstanding documentation and updates.
Analyse and update existing client data to identify and address data quality issues, taking corrective actions in collaboration with key functions.
Provide regular progress reports to the Head of Client Data Management and support any ad hoc tasks as assigned by the Head of CDM or Head of Business Services.
Rotation 2 – Product Management & Control
In this rotation, you will become a key member of the team responsible for the end-to-end governance of investment products. This role ensures that all products offered to clients are properly assessed, approved and monitored throughout their lifecycle in compliance with regulatory requirements.
Product due diligence: Conduct thorough due diligence on new products, assessing their features, risks and suitability for the target market.
Suitability framework management: Maintain and enhance the bank's product suitability framework, ensuring that product risk ratings are accurate and consistently applied.
Portfolio Management (PM) controls: Assess client suitability for the onboarding of new client mandates and review the effectiveness of PM controls.
Investment marketing material: Review client-facing marketing materials prepared by Investment Services to ensure they meet regulatory requirements.
Selling process review: Conduct reviews of the selling process and the trades of dealers and advisors to ensure client suitability and compliance with internal policies.
Regulatory adherence: Act as the subject matter expert on regulations related to product sales and distribution, such as MiFID II, ensuring the bank's processes are compliant.
Stakeholder collaboration: Work closely with investment counsellors, dealers, relationship managers and the risk management team to provide guidance on product governance matters and resolve any escalations.
Bachelor’s degree (or higher) in a relevant field (e.g. Business, Finance, Economics, Data/IT or a related discipline), completed within the last 12 months
Strong interest in banking operations, data management, controls and/or regulatory topics
Good analytical and problem-solving skills, with a high attention to detail and accuracy
Comfortable working with data and MS Office (especially Excel); any experience with databases or core banking systems is an advantage
Strong communication skills, both written and verbal, with the ability to work effectively with different stakeholders
Proactive, well-organised and able to take initiative in a structured environment
Ability to work collaboratively in a team-oriented environment
Very good command of English; additional languages are an advantage
Eligibility to work in the country where the role is based
We are looking forward to receiving your online application.
For any further information please do not hesitate to contact us!
LGT Bank (Singapore) Ltd.Human Resources
En Hui Teo
What We Do
Forward-looking for generations LGT is an international private bank owned by the Princely Family of Liechtenstein with 23 locations in Europe, Asia, Australia, and the Middle East. Our solid capitalization, long-term thinking, and strategic focus underpin our strong values. These are rooted in 900 years tradition and entrepreneurial thinking. Digitization represents a key pillar of how we continually innovate to find better ways of doing things - today and for the future. Sustainable and social: Sustainability is a pillar of LGT's strategy. Thinking, managing, and investing sustainably are integral parts of our DNA. LGT has committed to reducing the net CO2 emissions from its operations and its investments to zero by 2030. The Princely Family’s view is that wealth itself isn't a purpose, but that it comes with a sense of responsibility. Being wealthy means embracing and acting on that responsibility, as well as passing these values on to the next generation. LGT as an employer: LGT is a vibrant, growing international company and employer. We are certified as a Great Place to Work by the international consulting and research institute of the same name. Whether you have a wealth of experience or are embarking on your first professional steps, LGT careers offer an empowering environment to realize your ambitions. Take your next career step at one of our 23 international locations: www.lgt.com/global-en/career/jobs Publishing information: www.lgt.com/global-en/publishing-information
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