AVP, Middle Office (FI & Custody Business), Singapore

Role Overview We are hiring an experienced
Middle Office professional
to take on a
key, value-added role
supporting Financial Institutions (FI) and Custody businesses. This is
not a routine operations role . The successful candidate will play a critical part in
setting up new business workflows ,
restructuring existing operational processes , and acting as a central bridge between
Front Office, Treasury, Custodian, Back Office, IT, and Head Office . You will have the opportunity to
drive change , improve efficiency, and ensure strong governance in line with
MAS regulations and internal risk frameworks . Key Responsibilities
1. Middle Office Setup & Process Optimisation (Core Focus) Design and implement
end-to-end middle office workflows
for new products and business initiatives
Develop and enhance
SOPs, SLAs, and control frameworks
Identify operational gaps and lead
process re-engineering
to reduce manual work, mitigate risk, and improve turnaround time
Act as a key coordinator for
system enhancements, migrations, and UAT activities
in collaboration with IT and Head Office
2. Financial Institutions (FI) Middle Office Management Work closely with Treasury on
deposit pricing , including internal FTP and customer quotations
Oversee
instruction management
for interbank placements and settlements, ensuring proper maker-checker controls
Review and manage
institutional client onboarding , including KYC/AML, FATCA/CRS, and complex corporate structures
Monitor
counterparty credit limits
and support collateral management where applicable
3. Custody & Operational Risk Oversight Monitor trade lifecycles and settlements, identifying exceptions and operational risks
Support cross-border alignment between Singapore operations and Group / Head Office requirements
Assist in audit preparation and regulatory inspections
4. Stakeholder & Regulatory Coordination Act as a key liaison between local stakeholders and Head Office
Prepare and support
regulatory reporting
and responses to regulators
Coordinate with internal teams including Compliance, Legal, IT, Operations, and Sales
Requirements
Bachelor's degree in Finance, Economics, Business, Law, or related disciplines
Minimum 5 years' experience
in Banking Middle Office, Operations, Product Control, or similar functions
Strong exposure to
FI business, deposits, settlements, custody, or institutional onboarding
Solid understanding of
MAS regulations , AML/CFT requirements, and operational risk controls
Familiarity with
SWIFT messages
and banking systems
Fluent in
English
Mandarin proficiency
is required for communication with Head Office
Strong ownership mindset, detail-oriented, and comfortable working in a fast-paced, evolving environment
Why This Role
Opportunity to
build and shape
middle office processes instead of just maintaining them
High visibility role with close interaction with
Front Office, Treasury, and Head Office
Suitable for candidates looking to step up into a
more strategic operations / middle office position