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AVP/VP - Remittances/Cash Management

Kuala Lumpur Malaysia

7 months ago


Years of Experience

5 - 10 years

Workplace Type

On-site

Seniority Type

Senior

Industry

Banking


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Skills

Strategic & Operational LeadershipRemittances ManagementRisk, Compliance & ControlsCash Management OperationsSystems & Technical ExpertiseLeadership & People Management

Contact our TA to know more about the job

Rashi Modi

Talent Advocate at WhiteCrow


Description

About our client

Our Client operates in the Financial Services Industry, with its headquarters rooted strongly in Singapore. It has its branches spread to more than 15 countries, providing employment to more than 25,000 people all over the world. They fall in the Forbes Global 2000 (2022). Their core business is to offer financial services to its clients, ranging from Investment Banking to Corporate as well as Personal Banking Services.. They are also well known for their Residential Home Loan Business.

Job description

Responsibilities:


  • Lead the Remittance Team in Malaysia Hub to ensure the highest processing standards are consistently attained. 
  • Plan, review, organize and supervise the functioning of Remittance processing – daily activities, management of volumes and transaction processing, hiring, and training of resources etc.
  • Process and/or approve Remittance requests with accuracy and within established SLA in compliance with regulatory laws, internal policy and procedures.
  • Ensure all SLA’s / KPI’s as agreed with the Singapore team are duly met and active steps taken to ensure consistency in delivery.
  • Ensure all controls – Start of day, intraday and End of day are meticulously followed, and evidence kept of the same.
  • Implement and maintain a high standard of operations control and compliance to always protect the Group’s and Clients’ interests. 
  • Ensure all operations managed by the team are always ‘audit worthy’ and will pass scrutiny of the various 1st, 2nd and 3rd lines of defence teams.
  • Ensure escalations are raised to the Singapore team on a timely basis, as required.
  • Manage the key operational risk indicators of the team and maintain within acceptable levels.
  • Ensure any complaints and queries from the Singapore team (including from Business Units) are handled on a timely basis without recurrence.
  • Review all People aspects of the team – optimally trained, motivated team who can deliver as per SLA requirements. Provide guidance to staff as required on all technical and non-technical requirements, as needed
  • Participate in projects and discussions with the Singapore team, as required.
  • Strong commitment and drive to Eliminate, Simplify and Automate process. 
  • Other tasks as directed by Department Head.


Requirements:


  • Bachelor’s degree/ Diploma holder
  • At least 5 years relevant experience.
  • Good knowledge of Inward/Outward Remittance .
  • Able to multi-task and work under tight deadlines.
  • Sound judgement and initiative. 
  • Good analytical and problem solving skills. 
  • Able to work with minimal supervision and a team player. 
  • Good communication and interpersonal skills.
  • Able to work independently and in a team. 
  • Excellent interpersonal and communication skills.
  • Proficient computer skills. Those with working experience with Excel VBA, Macros will have an added advantage.
  • Must be able to work on public holidays, when required.

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Contact our TA to know more about the job

Rashi Modi

Talent Advocate at WhiteCrow


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