Account Officer

About the Role

As an
Account Office
r, you will be responsible for the day-to-day management and administration of the investment funds of assigned institutional accounts. Contributes to the volume and revenue growth targets of assigned accounts through contributions made to and the trust fee earnings of assigned accounts, incremental business from existing accounts and new accounts opened

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How you'll contribu**

• te

Creates new client data and portfolios for new accounts assigned in Trust Systems – Prospero, FB
- EQ.Prepares post account opening review of newly opened accounts within T
- AT.Coordinates with operations and investments teams regarding application tax exemption status of assigned accounts – bank counterparties for time deposit placements, BTR for government bonds, Corporate Bond issuers/PDTC for corporate bon
- ds.Facilitates updating of clients' KYC documents, Investment Guidelines, Client Suitability Questionnaire (CSQ), and other trust documen
- ts.Coordinates and requests from landholding companies copies of audited FS, GIS, and other pertinent documents to allow research team to conduct its annual revalidation of the directed investmen
- ts.Prepares TC memos for the revalidation of employee loan lines of assigned accoun
- ts.Prepares Fund Status and Performance on a periodic basis (monthly, quarterly, annually) and submits the same to clients within the agreed timeli
- ne.Conducts client visits to update clients with respect to document deficiencies/updating, new regulations/policies affecting the account, investment portfolio and such other information that may be relevant to the client; likewise, to generate incremental business when opportunity should ari
- se.Crafts advisories to be sent out to clients pertaining to new policies, process enhancements, BIR and other regulatory agencies advisories that have a direct or indirect impact on the accounts. And other matters which direct supervisor may delegate from time to ti
- me.Conducts joint calls or meetings with Sales and Marketing, when presenting to potential clients to manage their excess funds or manage new Trust/IMA accoun
- ts.Recommends and sounds off investment opportunities to managed accounts which shall include but not limited to offerings of the Republic of the Phils. (e.g. RTBs, swaps, etc.), private Corporate Notes and Bonds, preferred shares, common equities and direct loa
- ns.Provides daily cash balances for all managed accoun
- ts.Ensures funding of trades dealt for the actively managed accoun
- ts.Encodes/validates transactions in the Trust system of managed accounts (withdrawals/EQ & Bond trades/TD placement
- s).Ensures asset mix is within the client's investment mandate and objecti
- ve.Monitors portfolio movements to ensure compliance with agreed asset mix and taking into consideration the liquidity, timing of investments in coordination with the Investments Team and other particular requirements of the clien
- ts.Coordinates with the Investments Team on strategic direction for fixed income and equity investmen
- ts.Arranges investment of funds and the disposition of investments on a timely basis, embarks on a buy-and-sell of securities' program when warranted and coordinates with the Investments Team in the execution of the buy and/or sell activities of assigned accounts. Such buy-and-sell of securities program shall include fixed income investments and equities, as may be warranted, either by market movements or by liquidity calls of clien
- ts.Ensures proper bucketing of maturities in order to meet liquidity requirements or funding of prospective investmen
- ts.Ensures the timely and proper collection of fees and/or other advances, if any, from assigned accoun
- ts.Assists the Project Team Head and/or the Business Analyst in conducting the User Acceptance Testing (UAT) for new Trust System or any enhancements' projects in the Trust System and/or such other platform or IT programs used by Tru
- st.Recommends, facilitates, and implements new process improvemen
- ts.Conducts Risk Control Self-Assessment on assigned accoun
- ts.Coordinates with internal and external units, when necessary, to ensure the proper administration and management of clients' trust and managed accoun
- ts.Assists the Division Head in addressing queries, taking appropriate actions and/or submitting documentary requirements in compliance with internal and external auditors in their regular conduct of audit examination of the Divisi
- on.Addresses any Audit, Risk or Compliance issues/queries with respect to the assigned accoun

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What we're looking**

• for

At least 3 years of work experience in related ind
- ustryBachelor's degree in Business Studies/Administration/Management, Economics, Finance/Accountancy/Ba
- nkingKnowledge of trust products and bank pro
- ductsProficiency in financial and economic ana
- lysesEffective presentation s
- killsWorking proficiency in MS Excel/PowerPoint/Word and other proprietary software (i.e. Bloom
- berg)Keen attention to details, able to effectively liaise with internal and external stakeholders as part of the account management effort; able to manage/negotiate client requests and multi-task when nece

ssary