DBS Bank

Regional bank offering digital banking

Assistant Vice President/Senior Associate - Multiple Teams

Wealth Management & Financial AdvisoryUpdated on Nov 12

Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

A Bachelor’s degree and at least 1–2 years of experience are required.
Knowledge of modern banking solutions and system architecture is required.
Basic banking and operational knowledge is required.
Knowledge of risk management, credit, operations, finance, compliance, and controls is required.
A good understanding of financial and investment markets is required.
Strong analytical thinking and problem-solving ability across multiple dimensions is required.

Responsibilities

Assist Discretionary Portfolio Management Portfolio Managers in implementing strategies across the DPM portfolios, addressing internal queries, and handling other matters.
Plan and place trades across several asset classes for all DPM clients in a timely and accurate manner.
Perform trade allocation and foreign exchange transactions to ensure trades are properly settled.
Ensure that accounts are correctly set up.
Update account investment or operating parameters upon receipt of client instructions in a timely manner.
Perform account closures, including liquidation or transfer processes and outstanding fee payments.
Liaise with Assistant Relationship Managers and the Operations team on account opening and closure requirements and other requests for information.
Maintain spreadsheets monitoring clients’ portfolio activity, including asset allocation, tactical asset allocation checks, currency exposure, concentration risk, client restrictions, trades completed, and performance versus long-term objectives.
Maintain client records and follow up on outstanding documentation.
Prepare account performance reviews.
Coordinate investment meetings and take minutes.
Follow up on regulatory reporting daily.

Desired Qualifications

Computer skills such as Excel macros are a plus.

Key Accountabilities

Assist Discretionary Portfolio Management (DPM) Portfolio Managers in implementing strategies across the DPM portfolios, address internal queries and any other matters.

Responsibilities

1. 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

2. 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

3. Handle internal queries

Liaise with Assistant Relationship Managers and Operations team on all account opening and closure related requirements, and other requests for information

4. 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

Bachelor’s Degree with at least 1-2 years’ experience
Knowledge of modern banking solutions and system architecture.
Basic banking and operational knowledge.
Knowledge of risk management, credit, operations, finance, compliance and controls.
Good understanding of financial and investment markets
Computer skills like Excel macro is a plus
Team player with good communication and interpersonal skills
Good interpersonal & communication skills.
Ability to think analytically and problem solving across multiple dimensions.

Location:

DBS Asia Central

Job:

Product Support

Schedule:

Regular

Employee Status:

Full time

About the Company

DBS Bank

Regional bank offering digital banking

DBS Bank provides banking and financial services in Singapore and Southeast Asia, including personal and business banking, loans, deposits, wealth management, and payments. It serves customers through a network of branches and a digital platform that lets people open accounts, transfer funds, borrow, and invest via online and mobile apps. The bank differentiates itself with government-backed origins, rapid regional growth, a strong emphasis on digital banking, and a broad mix of consumer, corporate, and wealth services. Its goal is to be a leading, trusted financial services provider in Asia, supporting customers and economies with reliable banking and sustainable growth.

Company size: 10,001+
Company stage: IPO
Headquarters: Singapore, Singapore
Founded: 1968

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