MGR/AVP, Custody & Investment Operations, Technology & Operations

Posted 4 Days Ago
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The Ara Bangsar, Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Senior level
Financial Services
The Role
Manage daily securities settlement for local and foreign markets, including foreign currency conversion, trade exception resolution, custody billing, client support, and custody agreement reviews. Ensure compliance with operational risk, audit, policies, market requirements, and settlement deadlines. Prepare management reports, improve processes, resolve technology and operational issues, and support capacity planning while guiding junior team members.
Summary Generated by Built In
Company: 2201 United Overseas Bank (Malaysia) Bhd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.


Job Description

  • In charge of daily Securities Settlement processing for Local and Foreign markets and foreign currency conversion
  • Pro-actively work with operations team to ensure trade are settled correctly meeting SLA and cut off time and market holidays and investigate, resolve any exceptions that arise to ensure no fail trades
  • Attend to client’s problems and issues offering solutions and escalating to management which include custody billing and fees quotations and new market and asset to support
  • Review and handle existing and new custody agreement and any amendments like fee structure and new clauses to safeguard bank’s interest
  • Prepare statistics and management report on trade operations to cope with extra or unpredictable market patterns or metrics
  • Identify process improvement and streamline for better efficiency and so save cost at all times
  • Resolve any technical or operations issue promptly with business and technology team
  • Ensure compliance with corporate policy, operational risk and audit   
  • Perform team capacity planning and guide and train junior team members undefined

Requirements

  • Minimum degree qualifications in Banking and Finance, Economics industry
  • Preferred  experience of 5-6  years
  • Experienced and knowledge in Global Market/Global Custodian specifically in Custody Operations and Securities Settlement practices 
  • Familiar and exposed to Bursa Operational  process  and payment system like SWIFT and RENTAS
  • Possess broad and in-depth knowledge of Malaysian Capital Market structure and requirements and is familiar with generally acceptable best practices in compliance and risk management
  • Experience in managing a team preferred. Passionate and has pleasant personality with strong interpersonal skills
  • Fluent in spoken and written English, self-starter with strong analytical skills and problem solving skills
  • Good writing and presentation skills

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference

Skills Required

  • Degree in Banking and Finance, Economics, or a related field
  • 5–6 years of relevant experience
  • Experience and knowledge of global markets or global custodians, particularly custody operations and securities settlement
  • Familiarity with Bursa Malaysia operational processes
  • Experience with payment systems such as SWIFT and RENTAS
  • Broad and in-depth knowledge of the Malaysian capital market structure and requirements
  • Knowledge of generally accepted compliance and risk-management practices
  • Team management experience
  • Strong interpersonal, analytical, and problem-solving skills
  • Fluency in spoken and written English
  • Strong writing and presentation skills
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The Company
HQ: Singapore
25,000 Employees
Year Founded: 1935

What We Do

We’re here to do Right By You. At UOB, we aspire to build a better future for the people and businesses in the region. Through our extensive network and suite of capabilities, we offer financial solutions to the people and businesses within, and connecting with ASEAN. We create solutions tailored to your unique needs through data and relationship-led insights. Our comprehensive regional network and one-bank approach connects your business to new opportunities in ASEAN. We help businesses to advance responsibly and guide personal wealth to grow sustainably. We foster inclusiveness and environmental well-being for stronger societies. This is how we stay committed to forging a sustainable future for generations to come. Note: For the terms of use of our LinkedIn channel, please visit: https://go.uob.com/socialmedia

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