Senior Associate, Assistant Portfolio Manager, Private Banking

Business Function

DBS Private Banking offers a one-stop, full-service touch-point for total banking requirements and provides the highest level of personalised banking. We have a team of dedicated, experienced investment advisors who identify opportunities in the various asset classes and employ the best strategies and product vehicles to cater to each client's needs. Coupled with partnerships within the DBS network and with global institutions, we strive to build long-term relationships with our Private Banking clients in Asia by providing them with high quality, timely and extensive wealth management, investment and financial solutions.

Responsibilities

• Trade-related activities
  • Plan and place trades across several asset classes for all DPM clients in a timely and accurate manner
  • Perform trade allocation, FX transactions to ensure trades are properly settled
• Account opening / maintenance / closing activities
  • Ensure that accounts are correctly set up
  • Update any changes to the investment/ operating parameters of the account upon receipt of client instructions in a timely manner
  • Perform account closure, including liquidation / transfer process, outstanding fee payments, etc
• Handle internal queries
  • Liaise with Assistant Relationship Managers and Operations team on all account opening and closure related requirements, and other requests for information

• Provide secretarial and administrative assistance, including:
  • Maintenance of a series of spreadsheets to monitor clients portfolio activity, including asset allocation, tactical asset allocation check, currency exposure, concentration risk, client restrictions, trades done, performance vs. long term objective
  • Maintenance of client records and follow up on outstanding documentation
  • Preparation of account performance reviews
  • Coordination and taking of minutes at investment meetings
  • Follow-up with all regulatory reporting on a daily basis

Requirements

• Degree holder with min 5 years of financial services industry experience
• Sound knowledge of banking and investment products & services and procedures
• Knowledge of modern banking solutions and system architecture.
• Team player with good communication and interpersonal skills
• Ability to think analytically and problem solving across multiple dimensions.
• Possess CACS Certifications 1 & 2

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