VP, Securities Operations and Asset Servicing Team Manager, WMO Vickers Ops at DBS Bank

Singapore, Singapore, Singapore -

Full Time

Start Date

Immediate

Expiry Date

18 Jul, 26

Salary

0.0

Posted On

20 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Securities settlement, Asset servicing, Corporate actions, Operational risk management, Team leadership, Stakeholder management, Trade settlements, Exception management, Regulatory compliance, Process improvement, Reconciliations, Banking operations, Financial reporting, Risk control, Change management, MS Office

Industry

Description

Business Function The Chief Operating Office (COO) provides strong governance, risk management, and operational excellence across the Bank. The function supports stable and scalable operations, drives productivity and quality, strengthens controls, and ensures consistent delivery across all client and business channels. Key Responsibilities The Team Manager of Securities Operations & Asset Servicing has end‑to‑end accountability for: Securities Settlement Operations (Trade settlements, cash & stock movements) Asset Servicing / Corporate Actions (entitlements, income, and event processing) across DBS Vickers Singapore and Consumer Banking (Share Margin Financing and Digiportfolio Solutions). This is a role responsible for front‑to‑back securities operations, covering execution, settlement, and post‑event servicing, with clear ownership over delivery, people, risk, and stakeholder outcomes. 1. Operations & Delivery Own and oversee end‑to‑end securities operations, from trade settlement through post‑settlement asset servicing. Ensure timely and accurate execution of settlement activities, corporate action and income entitlement processing. Ensure settlement efficiency, minimal fails, and effective exception management. Monitor settlement risks and funding positions Ensure correct interpretation of agent CA notifications and accurate system setup. Oversee entitlement calculations, allocations, and client reporting for CA. Provide guidance and escalation support for complex, high-risk, or time-critical events and client-impacting issues. Ensure compliance with internal policies, procedures, SLAs and regulatory requirements. 2. Team Leadership & People Management Lead, coach, and develop a team of Settlement and Corporate Actions officers. Set clear performance expectations and conduct regular performance reviews. Identify training needs and build strong technical and operational capability within the team. Foster a strong risk-aware, disciplined, and service-oriented culture. 3. Risk Control & Quality Assurance Own operational risk and control standards for Settlement and Corporate Actions processes. Review reconciliations, exception reports, settlement fails and unresolved breaks. Proactively identify control gaps and implement corrective actions. Support audits, risk assessments, and issue remediation activities. 4. Stakeholder & Client Management Act as the key point of contact for internal stakeholders (e.g. Front Office, Finance, Technology, Compliance). Liaise with custodians, brokers, and counterparties to resolve exceptions or outstanding issues. Handle escalated client and business queries promptly and professionally. 5. Process Improvement & Change Support Drive process improvements, standardisation, and operational efficiency. Participate in system enhancements, UAT, and change initiatives affecting Settlement and Corporate Actions. Support implementation of new products, markets, or regulatory changes. Requirements Degree or Diploma holder with 8 years of relevant banking operations experience, preferably in Corporate Actions or Securities Operations. 2–3 years of people management or supervisory experience preferred. Strong understanding of corporate action events and post-trade operations. Solid control mindset with strong attention to detail. Able to perform under tight deadlines in a fast-paced environment. Clear communicator with good stakeholder management skills. Proficient in MS Office applications. Location: DBS Asia Hub Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

The Team Manager is responsible for end-to-end securities operations, including trade settlements, cash and stock movements, and corporate action processing. They also lead the team, manage operational risks, and ensure compliance with internal policies and regulatory requirements.