Senior Executive / Executive, Cash Operations

Job Overview

This role is responsible for ensuring the timely and precise handling of cash-related transactions, including remittance, fund transfers, money market activities, foreign exchange, FX derivatives, and structured products. Adherence to all relevant policies, procedures, and controls is mandatory. The incumbent will also oversee updates to Standard Operating Procedures (SOP) and Service Performance Indicators (SPIs) to reflect new products and processes.

Key Duties

• Processing, verification, and authorization of cash transactions, ensuring completion by end-of-day.
• Managing cash transactions, derivatives, and structured product fixing.
• Compliance with regulatory reporting requirements.
• Performing reconciliations and enforcing control mechanisms.
• Participating in projects by conducting User Acceptance Testing (UAT) for system enhancements related to cash operations.
• Exploring and utilizing technology such as automation, coding, data analytics, or artificial intelligence to enhance operational efficiency and improve customer experience.
• Timely escalation and reporting of issues, complaints, and backlogs.

Qualifications and Experience

• At least two years of experience in remittance, foreign exchange, and FX derivatives operations.
• Minimum one year of experience working with cash-related structured products.
• Possession of a basic degree in Banking, Finance, Business, Accountancy, or equivalent, or two years of relevant operations experience within the financial industry.
• Strong knowledge and understanding of MAS 626 and other Anti-Money Laundering (AML) regulations alongside operational risk management and control practices.
• Familiarity with Private Banking product suites and supporting business processes.
• Highly detail-oriented, reliable, and precise in task execution.

Additional Information

Only candidates selected for further processing will be contacted.