Operations Executive(Life Ops/Funds Proposition)|Bank|Up to $5k

Location Singapore
Discipline Banking & Finance
Job Reference BBBH122697_1672975511
Salary S$0.00 - S$5000 per month
Consultant Name Hibah Bakhtavar
Consultant Email hibah.bakhtavar@manpower.com.sg
Consultant Contact No.
EA License No. 02C3423
Consultant Registration No. R21103109

Job Description

  • On-Boarding of new funds on the investment linked fund platform and Migration of assets from existing underlying funds to new funds.
  • Provide system requirements and perform end-to-end User Acceptance Testing
    (UAT) for onboarding of new funds
  • Clearing of negative units of the underlying funds. Depending on the process of clearing the negative units will start 2-3 months before the asset migration.
  • Premium re-direction of future regular premiums and recurring premiums
    using a script. The premium re-direction will be approximately 2-3 weeks before
    asset migration.
  • Actual asset migration using the script. To update all parties on the number of
    policies successfully migrated, and the number not migrated due to pending
    transactions daily.
  • After asset migration, IT to provide list of policies for price patching. Together with IT,
    to monitor the price patching daily.
  • Inform policyholders via letters and SMS for affected policies.
  • Daily monitoring and liaison with IT on those policies not migrated due to pending
    transactions, and ensure all policies are eventually migrated.
  • Rectification of fund units, if any, for fund closure audit.

Qualification and requirements

  • Degree in Business/Finance related areas or any related discipline.
  • 1-3 years of experience in Life Operations / Investment or Fund Operations
  • Knowledge of software: Word, Excel, Power Point, Bloomberg, and VBA/Python
    programming skills is a plus
  • Excellent organizational capabilities, reliable and able to meet tight deadlines
    Business acumen for managing various stakeholders with good communication
    skills, verbal and written
  • Good team player with critical thinking

Interested Candidates may send their resume and cover letter directly to Hibah.bakhtavar@manpower.com.sg ,stating the position as the subject title in the email.
Hibah Bakhtavar | EA License No. 02C3423 | Personnel Registration No. R21103109

Hibah Bakhtavar EA License No.: 02C3423 Personnel Registration No.: R21103109

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