Head of Operations

2 weeks ago


Manila, National Capital Region, Philippines UnionBank Investment Management and Trust Corporation Full time

Job Description

  • Ensure the effective management of the following teams of the Operations unit: Documentation and Custodianship, Middle Office, and Settlement, Processing and Reporting
  • Ensure that settlement and booking procedures are properly implemented in accordance to existing policies and guidelines
  • Act as an alternate authorizer and verifier to trades, deals and cash-related transactions in the system
  • Ensure accurate and timely encoding of all transactions
  • Ensure that there is proper and adequate support to the requirements of the Trust Company
  • Ensure that systems and processes can handle servicing of clients such as releases of trade or investment confirmations, certifications, and other trade-related documents
  • Act as custodian of all trust, investment management, and other fiduciary accounts and its related documents and accountable items Implement service level arrangements for clients and other units
  • Ensure accuracy and completeness of documentary requirements for account opening and closing Ensure that accounting and reporting procedures are properly implemented in accordance to existing policies and guidelines
  • Ensure that accounting entries generated by the trust system are validated and accurate Ensure that month-end balances in the ledger and schedule are balanced, validated and accurate
  • Ensure that the delivery of reports to clients are timely and accurate Perform tasks assigned by the Board of Directors or President and Chief Executive Officer from time to time

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