UniCredit is a simple successful Pan European Commercial Bank, with a fully plugged in Corporate & Investment Banking, delivering a unique Western, Central and Eastern European network to its extensive and growing client franchise.
We meet client needs with real solutions which harness synergies between our businesses: Corporate & Investment Banking (“CIB”), Commercial Banking and Wealth Management. The way in which these solutions are developed and provided is as important as the solutions themselves, which is why everything we do is based on our two core values: ethics and respect.
By focusing on banking that matters, we offer local and international expertise, providing unparalleled access to market leading products and services in 13 core markets through our European banking network. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.
UniCredit in Asia is part of the International Network of UniCredit Group (UCG) CIB Division and we have an extensive network of branches in Mainland China, Hong Kong, Singapore, Japan as well as representative offices in Beijing, Hanoi, Mumbai and Seoul; serving European Corporates, Asian Multinationals, and Financial Institutions.
Our Singapore branch provides relationship management for South Asian companies operating in Europe as well as for home market clients operating in Singapore. We offer both types of client a developing portfolio of loans and global transaction banking services.
Job Responsibilities will typically include, but are not limited to:
Day to Day
- Process UniCredit Bank AG, Singapore Branch (“UCB SG”) expenses payments (Accounts Payable)
- Check on daily outstanding reconciliation statements for items allocated to accounts and processed item accordingly
- Prepare tax invoice billing (Accounts Receivable)
- Process receipts of payment from branches, subsidiaries and Head Office (“HO”), include processing bank-in cheques received from UniCredit Services S.C.p.A,., Singapore Branch (“UCS SG”)
- Process foreign currency invoice payment, foreign currency disbursement for UCS SG, FX conversion via trade access
- Provide tax invoice number upon other department request
- Check and follow up on monthly outstanding cheque list received on 1st working day of each month
- Prepare daily MAS compliance reporting
Periodic (Depending on duration of internship)
- Regulatory reporting
- Prepare Suspense Accounts Recon (Other Assets and Liabilities Reconciliation)
- Posting monthly provision entries (include Audit & Tax, Regional cost allocation, HO allocation and UCS GOV allocation)
- Posting loan loss provision entries (Specific Loan Loss Provision (“SLLP”) entries)
- UCB SG fixed Asset depreciation (include any additions, disposal)
- Process Hanoi Rep Office expenses (entry posting)
- Update General Loan Loss Provision (“GLLP”) as and when received from HO
- Prepare UCB SG GST returns
- Yearend Closing (yearend provision, cost allocation billing)
Job requirements:
- Proficiency in both written and spoken English
- Integrity and professional ethics
- Expertise in numbers and knowledge of the basic principles and practices of accounting
- Good self-initiative, agility and eagerness to work and learn in a multi-cultural environment
- Excellent communication, analytical and teamwork skills
Internship Duration: Candidates should be able to commit full-time for 6 months.
Work Location: UniCredit Bank AG, One Raffles Quay, North Tower, #36-01, Singapore 048583
If you are currently not a staff of UniCredit Bank AG (Singapore, Hong Kong, Japan) or UniCredit Services S.C.p.A (Singapore) (together “UCAPAC”), then by submitting an application and providing personal data to UCAPAC, you shall be deemed to have consented to UCAPAC and / or its authorised service providers collecting, using, disclosing and/or processing such personal data for the purposes of evaluating your application and for purposes reasonably related thereto.
If you have submitted the personal data of any third party to UCAPAC, whether as part of your application or wholly on their behalf, you represent and warrant that the consent of such third party has been obtained for the purposes set out above.
You should ensure, to the best of your ability, that all personal data provided by you, whether in a personal capacity or on behalf of a third party should be true, accurate and complete.
It is our policy to retain the personal data of unsuccessful applicants for future recruitment purposes for a period of two years.
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