Yen Kuen Tan
Singapore,Singapore
Summary
Diligent accounting professional with superior account reconciliation skill and passion for continuous improvement. Bringing more than 18 years of excellent performance in Accounting Manager roles and commendation for providing consistent empowering leadership.
Overview
20
20
years of professional experience
Work History
Accounts Manager – Funds of Funds
Citco Funds Services
01.2022 - 12.2023
- Review and ensure the accuracy and the timely delivery of the Net Asset Values calculations and associated reports, all in accordance with CFS guidelines and procedures
- Meet client’s expectations and adhere to service level agreements
- Manage day-to-day fund accounting and custody operations
- Assist auditors and other fund participants and advisers in the preparation of the audit
- Participate in ad-hoc projects that may be defined in connection with the continuing expansion and evolution of the business
- Managing ongoing client relationship to assess client satisfaction levels and optimize the quality of service delivery
- Guiding offshore team on any queries they might have with the NAV
- Answering to client queries with regards to the NAV.
FCC – Case Investigation Specialist
Standard Chartered Bank
01.2021 - 12.2021
- Responsible for investigating cases or risk events escalated by Financial Crime Surveillance Unit team (arising from Transaction Monitoring, Trade AML &/or Name Screening
- To investigate internal escalations submitted or referred by Business &/or other Conduct, Financial Crime and Compliance (CFCC) stakeholders (Country, Region or Group) on concerns of financial crime
- To investigate intelligence or information received vis law enforcements’ production orders, AML/ CFT Industry Partnership (ACIP) advisories or Monetary Authority of Singapore
- To investigate any other matter as directed by Director Case Investigations and/or Head of Financial Crime Compliance(SG) for identifying suspicious transactions/ activities and filing Suspicious Transactions Reports, in compliance with Group policy and procedures, laws and regulations in Singapore on anti-money laundering/ counter terrorism financing.
Manager
Standard Chartered Bank
11.2018 - 12.2020
- Responsible for the valuation of Daily and Monthly Hedged funds
- Maintaining the subscription and redemption transactions of hedge funds
- Working with our colleagues in KL and India to produce the NAV
- Working with KL TA colleagues for payment instructions
- Yearly review and update SLA for the Hedge funds
- Responsible for valuation of Quarterly PE fund
- Responsible for any Capital call or distribution payments
- Answer any queries that clients might have on the NAV produced
- Prepare quarterly unaudited financial statements and yearly audit financial statement.
Assistant Vice President
BNP Paribas Securities Services
10.2013 - 07.2018
- Leading the early NAV team of 6 FA
- Responsible for 3rd level validation for the Luxembourg funds
- Responsible for 3rd level validation for the very early NAV funds (Singapore funds)
- Responsible to attend the weekly call with Lux and Chennai to discuss issues encountered during the week and any updates
- Coordinating MultiFonds testing for any updates
- Updating of annual Risk map and control plan BP2S FA
- Setting up new funds or onboarding new clients in system for team and attending project calls for these funds
- Reviewing and updating of SLA for the existing funds and also drafting of SLA for new funds
- Answer any query that clients might have on the NAV produced.
Assistant Manager
Citi, N.A.(Hedge funds)
09.2007 - 09.2013
- Responsible for running the NAV valuation for daily and monthly funds
- Responding to clients queries with regards to the NAV sent
- Checking the NAV prepared by junior fund accountants
- Coaching and leading of junior fund accountants
- Testing of new versions of accounting systems
- Process any ad-hoc request that the clients might have
- Assist fellow colleagues with the complicated funds that they took over
- Handled the complicated and difficult fund
- Assist in setting up the new fund launches from inception till running of NAV
- Prepared payment instructions for fund expenses and fund transfers
- Prepared funds financial statement on funds year end.
Assistant Manager
Dexia Trust Services Singapore Limited
11.2003 - 08.2007
- Promoted to Assistant Manager
- In charge of a team of 6 fund accountants
- Responsible for handling over the funds to the Luxembourg Fund accountants to publish the prices
- Responsible for checking and sending the month end tasks to client
- Promoted to Senior Fund Administration Executive
- Promoted to the position of Senior Fund Administration Executive
- Was sent to Luxembourg to train in Luxembourg funds
- Responsible for generating fund prices for Luxembourg funds
- Responsible for preparing month end tasks for client
- Responsible for checking funds prepared by junior fund accountants
- Fund Administration Executive, run daily, weekly and monthly NAV valuation responsible for generating fund prices
- Responsible for preparing monthly securities and bank reconciliation
- Responsible for preparing annual and semi-annual RAP7 reports
- Responsible for preparing compliance reports for funds
- Handle settlements and knowledge in swifts messages.
Education
Bachelor of Business - Financial Management and International Business
La Trobe University
Melbourne, Australia06.2003
Diploma - Accountancy
Ngee Ann Polytechnic
06.1999
Skills
- Excellent in both written and spoken English and Mandarin
- Excellent knowledge of Microsoft Word, Excel, PowerPoint and the Internet
- Competent knowledge of funds start up from inception to running of NAV
- Competent knowledge of Bloomberg and MultiFond system
- Competent knowledge of pControl system
- Competent knowledge of Geneva accounting system
- Competent knowledge in Paxus accounting system
- Competent knowledge of SWIFT
- Competent knowledge in preparing Funds Financial Statement
Accomplishments
- Handled the complicated and difficult fund. The client was happy with the services provided.
- Received Long Service Award from Citi.
Hobbies and Interests
- Bowling
- Basketball
- Watching movies
- Playing pool
Timeline
Accounts Manager – Funds of Funds
Citco Funds Services
01.2022 - 12.2023
FCC – Case Investigation Specialist
Standard Chartered Bank
01.2021 - 12.2021
Manager
Standard Chartered Bank
11.2018 - 12.2020
Assistant Vice President
BNP Paribas Securities Services
10.2013 - 07.2018
Assistant Manager
Citi, N.A.(Hedge funds)
09.2007 - 09.2013
Assistant Manager
Dexia Trust Services Singapore Limited
11.2003 - 08.2007
Bachelor of Business - Financial Management and International Business
La Trobe University
Diploma - Accountancy
Ngee Ann Polytechnic
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