- Location
- Malaysia - KL Eco City
- Type
- Full-time
- Department
- Finance
- Seniority
- Senior
- Experience
- 10+ years
- Source
- Workday
Description
About FWD Group
FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information, please visit www.fwd.com
FWD Technology and Innovation Malaysia Sdn. Bhd., known as FWD TIM, was established in late 2019. Strategically located in Kuala Lumpur, FWD TIM serves as a pivotal shared service location within FWD Group, providing services to multiple markets across the Group. FWD TIM houses a diverse and talented workforce focused on essential business and technology services such as information security, cloud operations, IT solutions delivery, digital and data, actuarial, finance, investments, and customer service, among many others. FWD TIM is dedicated to drive and deliver operational excellence and efficiency, foster innovation and ensure regulatory compliance across all business functions as well as maintain a competitive edge in the market.
PURPOSE
Reporting to the Head of the ICOE this position shall be accountable for managing the Investment Operations team of the ICOE and ensure timely delivery of day-to-day Investment Operations activities to Hong Kong and Group Entities.
Support the expansion of the ICOE and Group to the LBUs.
KEY ACCOUNTABILITIES
Investment Operations
Approve investment portfolio reconciliations among custodian, fund manager and Bloomberg to ensure completeness and accuracy.
Manage day-to-day trade settlement, pre & post trade support, activities for Group Entities and Hong Kong.
Provide trade support to the investment front office in Group Entities and Hong Kong.
Supervise the cash and currency operations for Group Entity and Hong Kong investment teams ensuring timely execution of required funding activities.
Work with counterparties to establish ISDA and CSA agreements in support of the derivative program.
Manage bank and custodian KYC requests, regulatory and audit requests as required.
Review and approve alternative asset transaction entry
Bloomberg Subject Matter Expert
Responsible for external asset manager trade feeds into Bloomberg AIM and working with Asset Managers & Bloomberg to establish new feeds when necessary.
Responsible for trade feeds from Bloomberg AIM to Clearwater and establishing new feeds as required.
Seek Group Operations approval for required Bloomberg setups.
Provide group-wide Bloomberg support.
Optimize the use of various Bloomberg modules and are integrated with Funnelweb, Investment Data Repository and Clearwater.
Data Management
Establish and manage a group-wide ISDA & CSA repository and ensure group-wide governance processes and adhered to.
Ensure standards for Bloomberg setups are adhered to and managed appropriately (i.e. portfolios, securities, transactions, etc).
KEY PERFORMANCE INDICATORS
Number of trade processing errors
No unexplained or approved overdraft charges
Achieve 90% automation of Bloomberg AIM and Clearwater trade feeds
EXTERNAL & INTERNAL CONTACTS
Internal
Group Investment Operations Team
Local offices’ Investment Operations team
Group Investments
ICOE Investment Operations
External
Asset Managers
Bloomberg
Custodians
Brokers
Collateral manager
DECISION MAKING
In conjunction with the Head of the ICOE make staffing related decisions for direct reports
Approve cash and currency transactions.
Approve alternative asset transaction entry.
QUALIFICATIONS / EXPERIENCE
University degree in Accounting/Business/Finance or related fields.
10+ years of experience working in middle office operations, collateral support, trading processing.
KNOWLEDGE & TECHNICAL SKILLS
Business Knowledge
Solid knowledge of financial products
Working level knowledge of collateral management, ISDA and CSA documentation is required Knowledge of Private Equity and Alternative Credit products is an asset
Technical Skills
Advanced knowledge of Bloomberg AIM is required
Investment Accounting Systems (PAM, FAM, Portia, Clearwater, etc) is an asset
Microsoft Office
Management Skills
Experience in leading small teams in an Investment Operations environment is preferred.
Clarity in communication and being an active listener.
Provide constructive feedback and build a high performing team.
Being empathic with a desire to help others.
COMPETENCIES
Able to work independently or as part of a team.
Excellent interpersonal skills.
Good command of both spoken and written English
Understanding interdependencies and interconnections of systems; seeing the big picture rather than the parts.
Being flexible and adaptable for change.
Learning from mistakes and desire to improve.
