Operations Analyst/Specialist, Asset Services, Corporate Action (Contract) at Oversea Chinese Banking Corp

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

08 Feb, 26

Salary

0.0

Posted On

10 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Corporate Actions, Securities Operations, Analytical Skills, Problem-Solving, Attention to Detail, Communication Skills, Interpersonal Skills, Client-Oriented Mindset, Team Player, Independent Work, Process Improvement, Ad-Hoc System Testing, Microsoft Office, Risk Assessment, Reconciliation, Change Management

Industry

Banking

Description

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. 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 Fresh Graduates to 2 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 Who you are - A degree in a relevant field, such as finance, accounting, or business administration - At least 2 years of experience in corporate actions, securities operations, or a related field - Strong analytical and problem-solving skills, with attention to detail and ability to work under pressure - Excellent communication and interpersonal skills, with ability to build strong relationships with clients and internal stakeholders - Knowledge of market regulations, industry trends, and best practices in corporate actions processing - Ability to work in a fast-paced environment and adapt to changing priorities and deadlines 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. 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. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. 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. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. 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 Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The incumbent will process corporate actions across all securitized products held in the Bank on behalf of clients. Responsibilities include processing corporate actions events, ensuring compliance, performing reconciliations, and managing queries.