Description
Our client, Royal Bank of Canada (RBC), is seeking a Wealth Management Operations Specialist to join their team in Putrajaya, Malaysia.
Job Summary: As a Wealth Management Operations Specialist, you will be responsible for trade processing, credit administration, and regulatory reporting. You will also be required to maintain accurate records, process client-side fees, and adhere to control points and escalation protocols.
Responsibilities:
- Trade processing of Loan, Deposits & establish new credit facilities in systems
- Input and maintain credit information in book of record and related databases
- Assist with preparation of Regulatory report and reports for Management information
- Maintain and archive credit administration files
- Approve loan draw downs and collateral releases as appropriate
- Processing of Remittances, FX & FX Derivatives
- Receive/Deliver settlement instructions
- Responsible and accurate processing client-side fees, such as Nostro & Custodian fees, Client Custody, Management and Performance fees
Risk Awareness and Escalation:
- Adherence to all control points in place
- Ensure all queries are addressed promptly and accurately
- Demonstrate clear understanding and adherence to WM escalation protocol
Change Management & Transformation:
- Review process flows and initiate process improvements via change requests, defects
- Participate in projects, strategic initiatives and testing
Professionalism and Growth:
- Demonstrate clear understanding and apply the RBC Values, cultures and leadership model in all daily dealings
- Active enrollment in courses offered by Learning & Development team and to apply knowledge gained in day to day processing
- Provide relief support and other duties assigned for co-worker/line manager and cross train on all functions performed with the team and across department
Requirements:
- Self-motivated and able to work under pressure in a dynamic and fast-paced environment
- Preferably 1-2 years of working experiences within a Private Bank or Wealth Management environment, however fresh graduates are welcome to apply
- Understanding of treasury fundamentals (interest rate, FOREX)
- Good computer skills
- Good inter-personal and communication skills (written and verbal) in the English Language
- Committed and responsible with an attitude to ensure accuracy and completeness
Nice-to-have:
- Familiarity with Avaloq system, experience with managing client data