Manager, Wealth Management Ops

Manager, Wealth Management Ops

Standard Chartered
5-6 years
Not Specified

Job Description

Role Responsibilities

  1. Receive and process all purchases/ sell /switch trades and settle daily with the appropriate outside custodians

  2. Prepare and wire transfers for all trade settlements, meeting very strict time deadlines.

  3. Ensure all corporate action events, including income events, are captured, and validated.

  4. On a daily basis ensure that all corporate action events across all markets and asset types (Equities, Fixed income and Mutual funds) are correctly processed, reviewed and reconciled as necessary in accordance with procedures and event deadlines.

  5. Identify all eligible holders and ensure to distribute notifications related to corporate market events.

  6. Monitor the Corporate Actions throughout the business day and, in conjunction with team members, effectively manage processing volumes over futures periods.

  7. Investigate reconciliation discrepancies on a daily basis ensuring all discrepancies are resolved and cleared at the earliest opportunity

  8. Escalate all material risk items and service issues to your Team Leader/Manager on a timely basis.

  9. To manage the claim process on managing Market/Counterparty claim processing.

  10. Ensure to reconcile SWIFT MT564 (notifications) as received from custodian versus customer positions held at back-office systems

  11. Ensure the appropriate restriction status of entitlements is maintained in the client&rsquos applications through interaction with custodians and update.

  12. Manage any queries received from various internal and external parties.

  13. Interact with other teams and the third parties/custodians as appropriate.

Key Responsibilities

  1. Candidates should possess a good understanding of Financial Markets with a minimum of 5 to 6 years experience in Custody environment//wealth management operations process.

  2. Understanding of the trade lifecycle of the securities trade process.

  3. Experience within a Corporate Actions environment would be an advantage but is not essential for this role as training will be provided.

  4. Good knowledge in excel is mandatory

  5. Strong analytical skills with an ability to identify problems and develop solutions.

  6. Acute attention to detail and understanding of downstream processes

  7. Possess a good understanding of the risks inherent in the corporate actions environment and demonstrate good discipline around control and escalation.

  8. Candidates should demonstrate appropriate levels of academic achievement or relevant work experience

  9. Candidates should possess a high level of self- motivation and adaptability.

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group&rsquos Values and Code of Conduct.

  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

  • Lead to achieve the outcomes set out in the Bank&rsquos Conduct Principles

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

Other Responsibilities

  • Efficient functioning of the Unit.

  • Effectively reducing the error rate & Adherence to the service standards.

  • Adhering to risk and regulations.

  • Changed requirements of the GBS

  • Effective Cost Control of the Team + Unit as a whole and aim for reduction on an ongoing basis.

  • Readiness for Audits External/Internal

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

  • In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations

  • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum

  • Flexible working options based around home and office locations, with flexible working patterns

  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills,global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning

  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

  • Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website

Job Details

Employment Types:


We are a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

Job Source :

Similar Jobs

Career Advice to Find Better