Job Purpose:
To assist the Head of Capital Markets & SPV department to oversee the overall operational of trust accounts and to ensure delivery of prudent, prompt, efficient, effective and customer-friendly business support services to the clients.
Coach and guide a team of young experienced professionals, ensure a high quality administrative service to a portfolio of client structures with timeliness and efficiency.
Key Responsibilities:
Responsible for all finance related functions for TMF Trustees which includes but not limited to:
Close monitoring on Trustees and Treasury Operations overall performance especially on accuracy, timeliness, and complaints. Approving daily transactions and trust account reconciliations Ensure transactions are balanced and documented according to policies and procedures. Managing and reviewing cash flows Ensuring sufficient funds in the clients trust accounts to meet payments and account operation charges Liaising with client, external and internal parties for matters in relation to the clients trust accounts Ensure all client’s accounts are properly maintained, operated as stipulated in the respective agreements; Perform thorough review on the root cause of all performance issue and provide effective mitigation action to prevent recurrence. Coordinate with onboarding team to onboard new client / business, including drawing out process flow and ensure operational readiness to serve the new client / business. Lead, motivate and manage the staff with comprehensive review on their work performance to ensure compliance, efficiency, accuracy and customer-centric business support services. Review and improve on work processes to strengthen the monitoring and controls, smoothen the operational flows or improve the business support services and alignment to the relevant Group policies and guidelines. Keep abreast with the industry trends, guidelines, policies, rules, and regulations Attend meetings with clients Closely engage with the superiors and business stakeholders and promptly report and update on any irregularities, complaints, compliments, improvement actions/ projects initiated and completed etc, and submit timely periodical and/or ad-hoc reports and/or assignments required. Timely submission of any regulatory reporting to Legal and Compliance unit Conduct annual Disaster Recovery Plan as and when required. Ensure that the staff are equipped with AMLA knowledge. Participating in any discussion on any matter related to operations issues and process with the Business team for any potential new business
Requirement:
Exposure in handling Trustee Finance is an added advantage Knowledge in banking, SC & BNM’s guidelines will be an added value.
