# Business Manager - Financial Institutions and Capital Markets Department

> Fuku · Singapore, Singapore · Full-time · Posted 2025-12-22

**Workplace:** on_site

## Description

About the company:  
One of the largest and most prestigious financial institutions in the world, with a strong presence in global markets. Known for its innovation, stability, and commitment to excellence, they provide a wide range of financial services, including corporate banking, investment banking, and custody services. The Singapore branch plays a pivotal role in the bank's international operations, focusing on delivering tailored financial solutions to meet the needs of its diverse clientele.  
  
Job responsibilities:  
\- Lead the end-to-end design and implementation of middle office workflows for new products, including defining SOPs and SLAs.  
\- Diagnose operational bottlenecks and lead restructuring initiatives to automate manual processes, reduce risks, and improve turnaround times.  
\- Act as the primary change agent for system migrations and UAT for new platforms, coordinating with IT and Head Office.  
\- Collaborate with Treasury to determine internal funds transfer pricing (FTP) and approve customer deposit quotations.  
\- Oversee the integrity of instruction entry processes for interbank placements and settlements, implementing robust 'Maker-Checker' controls.  
\- Manage the end-to-end KYC/AML lifecycle for Institutional Clients, ensuring compliance with FATCA/CRS and MAS Notice 626.  
\- Monitor credit limits for FI counterparties and manage collateral requirements where applicable.  
\- Monitor trade lifecycles for settlement fails or anomalies and establish early warning systems for operational risks.  
\- Analyze regulatory differences between Singapore and Head Office to ensure compliance in custody agreements and operational flows.  
\- Serve as the key communication node between the Singapore Branch and Head Office, articulating local regulatory constraints and requirements.  
\- Coordinate internal/external audits and regulatory inspections, and prepare regulatory returns for MAS.  
  
Job requirements:  
\- Bachelor’s degree or higher in Finance, Economics, Law, or Business Administration, preferably from top-tier universities.  
\- Minimum 5 years of progressive experience in Banking Middle Office, Operations, or Product Control within a global financial institution.  
\- Proven track record in business setup (0-to-1) or departmental restructuring, with demonstrated process optimization or team-building experience.  
\- Deep understanding of SWIFT standards (ISO 15022/20022), MAS Banking Act, and local AML/CFT regulations.  
\- Demonstrated ability to quickly master new systems, regulations, and product complexities.  
\- Strong organizational skills with the ability to coordinate across cross-functional teams in a matrix environment.

## Apply

[Apply at Fuku](https://apply.workable.com/fuku/j/2AC07D0CC2/apply)

---
Powered by [Workable](https://www.workable.com)
