Operations Specialist, Asset Services, Corporate Action (manager)

Asset Services Team Member

We are seeking a team member to join our Asset Services function. The incumbent will process corporate actions across all securitized products held in the Bank on behalf of our clients.

Responsibilities

Processing

• Processing and/or authorization of corporate actions events in T24 which include but are not limited to: Dividend, Rights, Bonus issue, Split, Cash and Exchange Offer
• Annual / Extraordinary meeting
• Adhoc Asset Servicing Assignments (eg. Tailored Corporate Action Handling)
• To ensure compliance to BOS/OCBC standards and guidelines within the area of responsibilities, where applicable.
• Perform reconciliation of cash/securities entitlements for each CA event as part of the processing and/or authorization of the CA events, to investigate and rectify discrepancies in a timely manner.

Control

• Perform End of Day control checks and ensure BAU task are completed
• Perform Risk & Control Self Assessment (RCSA) checks
• Ensure that exception processing is completed according to the conditions set in the approval
• Perform post event reconciliation of cash/securities entitlements, to investigate and close reconciliation breaks timely.

Query Management

• Ensure all queries from Business is resolved within expected timeframe or escalated to the correct parties

Change Management

• Identify control gaps and work with team to review process efficiency and deliver improvements
• Participate in projects as and when required

Requirements

• 3 to 6 years of experience in Private Bank Operations especially in the area of Corporate action
• Tertiary education with a good academic track record.
• Good knowledge of Microsoft Office.
• Fluency in English is essential.
• Clear written & verbal communication skills with all levels of staff
• Client-oriented mindset
• Meticulous and good team player
• Ability to work independently & drive initiatives forward until delivery.
• Ability to work effectively with both Front Office and Support staff, at all levels.
• Ability to work & deliver under time pressure
• Proactive in identifying any process gaps, providing or suggesting solutions to improve productivity
• Ability to perform ad-hoc system testing

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.