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Transfer Analyst

Employer
Manulife and John Hancock
Location
Manila, Philippines
Salary
Competitive
Closing date
Jul 30, 2024

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

Job Description

Are you looking for a supportive and collaborative workplace with great benefits and clear career development? You've come to the right place.

Why choose Manulife?
  • Competitive Salary packages and performance bonuses
  • Day 1 HMO + FREE coverage for your dependents (inclusive of same-sex partners)
  • Retirement savings benefit
  • Rewarding culture that values wellness and well-being
  • Performance Bonus
  • Global network of industry experts
  • Extensive training resources

Job Description:

The Transfer Management Group (TMG) is responsible for the day-to-day processing of cash and securities transfers between Manulife portfolios recorded within our internal accounting book of records (SimCorp Dimension).

The role is accountable for the timely and accurate updates of all cash and securities transfer transactions in the Transfer Origination Automation (TOA) system and would be able to communicate transfer events to respective departments to ensure funds availability for the portfolio manager's sound investing decisions.

Key Responsibilities:
  • Monitor the life cycle of the transfer within the Transfers Origination Automation System (TOA)
  • Ensure all transfers uploaded into TOA are settled in a timely manner and all downstream systems are updated as required.
  • Coordinate between various parties both internal and external to Manulife (custodians, clients both third party and internal, portfolio managers, and internal business units as Market Risk Management, Treasury, Compliance, Securities Administration, Investment Controllers and Accounting)
  • Perform daily cash and asset transfer reconciliation between TOA and internal accounting book of records, Simcorp Dimension (SCD).
  • Understand key stakeholders' objectives to enhance the general transfer process while considering various options and the potential impact on stakeholders
  • Deliver notifications to appropriate back-office business area for transfers originated from a non-North American custody account
  • Collaborate with Portfolio Managers (or clients) in order to obtain their preferences for completing transfers in-kind (of securities) or transfers in cash. This involves understanding the procedural implications of each decision
  • Perform manual validation on "Trust" portfolios and ensure applicable procedures are followed
  • Provide recommendations regarding best practices for completing a particular transfer, including cost considerations

Qualifications:
  • Must be a graduate of any business course preferably Finance or Business Management
  • Candidate must have at least 1-2 years working experience in securities and investment environment
  • Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a fixed night shift schedule.

Minimum Skills to Hire/Must Haves:
  • Excellent analytical, research and problem-solving skills
  • Strong interpersonal skills and ability to work effectively across cultures. Excellent English written and verbal communication skills.
  • Proficient in MS Office applications especially Excel. Knowledge in Macro/VBA is an advantage.

Let's make every day better together. Learn about our opportunities at JOBS.MANULIFE.COM

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

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