Associate/Analyst, Corporate Actions Specialist, Institutional Banking Group Operations, Group COO
- Singapore
- Director/Executive
- Posted
About the role We are seeking a detail-oriented individual to join our Corporate Actions Operations team. The successful candidate will be responsible for the end-to-end processing of corporate action events across Equities and Fixed Income products, ensuring timely client notification, accurate execution of client instructions, proper entitlement processing and effective management of event-related risks.
About Dbs
Business Function Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation.
In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Responsibilities
- The role requires strong operational knowledge, attention to detail and the ability to manage multiple event deadlines while delivering high-quality service to both internal and external stakeholders.
- Corporate Actions Event Processing Process mandatory and voluntary corporate action events accurately and within established service levels.
- Create and maintain corporate action events in the processing system based on market announcements and custodian notifications.
- Ensure all event details, options, election deadlines and entitlement information are accurately captured.
- Monitor event lifecycles to ensure timely completion of all processing activities.
- Client Notification & Instruction Management Ensure timely dissemination of corporate action notifications to clients.
- Manage client elections and instructions for voluntary and mandatory-with-choice events.
- Verify and process client instructions accurately within market deadlines.
- Liaise with custodians, counterparties and internal stakeholders to ensure successful execution of client elections.
- Entitlement & Asset Servicing Processing Process cash and stock entitlements arising from corporate action events.
- Reconcile expected versus received entitlements and investigate any discrepancies.
- Ensure clients' positions and entitlements are accurately protected throughout the event lifecycle.
- Monitor pending payments, securities movements and event outcomes until completion.
- Risk, Control & Exception Management Investigate and resolve corporate action exceptions, reconciliation breaks and processing discrepancies.
- Escalate high-risk events, overdue items and operational issues promptly to management.
- Maintain appropriate controls, audit trails and supporting documentation.
- Ensure compliance with operational procedures, risk management standards and regulatory requirements.
- & Stakeholder Management Respond to client and business unit enquiries relating to corporate action events, elections and entitlements.
- Provide timely and accurate updates on event status and outstanding issues.
- Maintain high service quality standards and build strong working relationships with key stakeholders.
- Support internal and external audits, regulatory reviews and management reporting requirements.
Requirements
- Bachelor's degree in Banking, Finance, Accounting or a related discipline.
- 2 to 4 years of relevant experience in Corporate Actions, Custody Operations or Securities Operations.
- Good understanding of Equity and Fixed Income corporate action event types.
- Familiarity with SWIFT messages including MT564, MT565 and MT566.
- Knowledge of global custody and depository market practices.
- Experience with TCS BaNCS or similar securities processing platforms is advantageous.
- Proficient in Microsoft Excel and operational reporting.
- Core Competencies Strong attention to detail and accuracy.
- Ability to work under pressure and manage multiple deadlines.
- Strong analytical and problem-solving skills.
- Effective communication and stakeholder management skills.
- Strong risk and control awareness.
Preferred
- Experience Experience in processing voluntary and mandatory corporate action events.
- Knowledge of entitlement processing and reconciliation.
- Exposure to client servicing and instruction management activities.
- Familiarity with STP monitoring, exception handling and operational controls.
Benefits
- Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.
Location
DBS Asia Hub Job: Operations Schedule: Regular Employee Status: Full time
