Assistant Manager, 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 perform 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 and prepare of weekly/monthly statistics reports to management.

Responsibilities

• Check all corporate events for different investment products to ensure 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 and issue the manual draft corporate event letters for complex corporate events.

• Conduct 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 IPO stock subscription and settlement tasks

• Prepare statistic reports

• Handle payment instructions

• Conduct cash transaction voucher

• Reconciliation monthly statement and reports

• Handle Branch enquiries and follow up

• Attend system training, prepare SOP and assist UAT project

Requirements

• Associate Degree or above       

• At least 1-2 years working experience in financial institutions

• 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.