Manager / Assistant Vice President, Settlement & Custody Services (Custody Services)

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

To monitor and ensure completeness for custody services of investment products such as Equities, Bonds, ELI/ELN, UT and Structure Deposit. He/she is also required to support various ad-hoc assignments, attend system training, prepare SOP and controls the preparation of weekly/monthly statistics reports to management.

Responsibilities

Monitor all corporate events for different investment products to ensure they are performed properly and its correctness and completeness including local and foreign markets.

Ensure all corporate events are completed on schedule.

Ensure all benefit entitlements are distributed properly.

Check notification letter input for general corporate events.

Check the manual draft corporate event letters for complex corporate events.

Monitor Corporate Action of different investment products which include Bond, Unit Trust, Structured Products, SDS and Foreign Stock in Bank systems (e.g. ibroker, T24, IVS, CBS)

Operate custodian platform for Corporate Action (e.g. Clearstream, Euroclear, CCASS, FINI)

Handle and monitor IPO stock subscription and settlement tasks

Handle and monitor payment instructions

Reconciliation monthly statement and reports

Handle Branch enquiries and follow up

Supervise and coach junior / new members of the section

Provide support to the section head and other team managers when required

Attend system training, prepare SOP and assist UAT project

Requirements

3 years in Banking industry, preferably with knowledge on custody and handling corporate action events for investment products.

Strong people management skills with the ability to motivate and drive results

Excellent problem-solving and decision-making skills to address

Operational challenges. Possess desirable attributes including being a team player, willingness to learn and problem-solving skills

Has product knowledge of equities and fixed income.

Good knowledge of PC skills including MS Word, Excel & PowerPoint.

What we offer:

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.