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.
About the role
We are seeking a detail-oriented and risk-focused individual to join our Securities Services Operations team. In this role, you will be primarily responsible for the end-to-end lifecycle management of corporate actions, focusing heavily on event watchlist monitoring, data scrubbing, and control tower oversight.
Responsibilities
Corporate Actions Watchlist & Announcement Monitoring
- Monitor incoming corporate action notifications, SWIFT messages (e.g., MT564/MT568) , and market announcements across global markets.
- Maintain and review the corporate actions watchlist to identify mandatory, voluntary, and complex restructuring events early.
- Ensure timely identification and flagging of pending or announced corporate events that impact client holdings.
Data Scrubbing & Event Validation
- Perform meticulous data scrubbing of incoming corporate action terms, conditions, key dates (Effective Date, Record Date, Payment Date, Ex-Date), and entitlement ratios against authoritative market sources and custodian notices.
- Validate security static data and ensure alignment across core processing platforms and downstream systems.
- Resolve data discrepancies or ambiguities promptly by liaising with custodians, market agents, or internal operations teams.
Control Tower & Exception Management
- Actively monitor operational dashboards and the corporate actions control tower to track pending tasks, exception queues, and processing bottlenecks.
- Investigate and troubleshoot STP failures, reconciliation breaks, or cash/stock movement exceptions, escalating complex issues according to escalation matrix guidelines.
- Generate regular operational metrics, status reports, and audit trails to support management oversight and compliance reviews.
Risk, Control & Governance
- Adhere strictly to operational risk frameworks, compliance standards, and local regulatory requirements.
- Ensure all control checkpoints, sign-offs, and audit logs are meticulously maintained to prevent missed events or erroneous processing.
- Participate in Business Continuity Planning (BCP) drills, system enhancements, and User Acceptance Testing (UAT) for corporate action automation initiatives.
Requirements
- Bachelor’s degree in Banking, Finance, Accounting, or a related discipline with 2 to 4 years of relevant operations experience within Corporate Actions or Custody Operations.
- Strong working knowledge of corporate action event types, SWIFT messaging standards (MT564, MT566, MT568), and depository procedures.
- Familiarity with core banking platforms (e.g., TCS Bancs) is a strong advantage.
- Proficiency in data handling and Microsoft Excel.
- Excellent analytical skills with high attention to detail and data accuracy.
- Strong time-management capabilities to thrive in a fast-paced, deadline-driven environment.
- Effective communication and stakeholder management skills to collaborate seamlessly across teams.
Apply 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
