Assistant Manager - Unit Trust Operations

Job Overview

PhilippCapital is seeking an Assistant Manager to lead its Unit Trust Operations team in Singapore. The role demands oversight of daily operations, regulatory compliance, and team leadership to maintain smooth processing of unit trust transactions.

Key Responsibilities

• Supervise daily activities within the Unit Trust Operations department, guaranteeing precise and timely handling of subscriptions, redemptions, and switching trades.
• Lead and mentor the Unit Trust Operations team by delivering guidance, coaching, and support for performance improvement.
• Ensure full compliance with regulations mandated by the Monetary Authority of Singapore (MAS) and other authorities.
• Liaise with fund houses, custodians, and internal departments to resolve settlement and reconciliation matters efficiently.
• Oversee operational workflows on the FAME platform and related systems, seeking enhancements where possible.
• Resolve escalated client inquiries and operational challenges in a timely manner.
• Compile and present management reports focusing on operational performance and risk indicators.
• Champion initiatives aimed at improving process efficiency within operations.
• Uphold adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) standards.

Candidate Requirements

• A minimum of 3 to 5 years experience in unit trust or fund operations, including at least three years in supervisory or managerial roles.
• In-depth understanding of unit trust operational procedures, such as net asset value (NAV) calculations, corporate actions, and fund settlement processes.
• Knowledge of CPF Investment Scheme (CPFIS) and Supplementary Retirement Scheme (SRS) guidelines.
• Proficient in fund administration tasks and processes.
• Comprehensive knowledge of MAS regulations.
• Strong leadership capabilities combined with excellent communication and stakeholder management skills.
• Detail-focused with exceptional analytical and problem-solving skills.
• Familiarity with basic coding, Artificial Intelligence adoption, and Robotic Process Automation (RPA) is considered an advantage.