The opportunity
Our mission is to democratize finance for all. An estimated $124 trillion of assets will be inherited by younger generations in the next two decades.
What you'll do
Manage risk for back-office activities by maintaining controls over customer: and firm cash, suspense accounts, and exception handling. Execute daily trust and custody computations by the strict deadline of 12:00 PM SGT in compliance with Securities and Futures (Licensing and Conduct of Business) Regulations (SF(LCB)R).
Manage automated MT940 (Swift) messages and API pulls, extract customer: ledger balances, and download statements from trust banks and sub-custodians. Reconcile security quantities against sub-custodian statements and verify no liens or encumbrances are placed on customer assets.
Monitor Financial Resources to ensure continuous compliance above Total Risk: Requirement (TRR) limits. Prepare and submit quarterly filings via the MAS-Tx portal, including Form 1 (Statement of Assets & Liabilities), Form 2 (Statement of Financial Resources & TRR), and Form 7 (Aggregate Margin Exposure).
Partner closely with Corporate Accounting, Treasury, RHS Clearing, and: Engineering teams to support system transitions (e.g., system migrations, report automation) and cross-train across broader global entity reporting.
