Job 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 detail-oriented and proactive Custody Officer specializing in Trade Settlement and Corporate Actions to join our custody operations team. The role involves managing the end-to-end settlement of securities trades and the accurate processing of corporate actions to ensure the safekeeping and proper administration of client assets. This position requires a strong understanding of financial markets, settlement processes, and corporate actions lifecycle, with a focus on operational accuracy and compliance.

What you do

• Manage and oversee the settlement of securities transactions, including equities, fixed income, and derivatives, ensuring accuracy and timeliness.
• Reconcile trade instructions with counterparties, custodians, and clearing houses to resolve discrepancies.
• Monitor settlement cycles and escalate issues to relevant parties to prevent settlement failures.
• Process and monitor corporate actions such as coupons, dividends, stock splits, mergers, rights issues, restructuring and proxy voting.
• Ensure accurate and timely communication of corporate action events to clients and internal stakeholders.
• Coordinate with custodians, depositories, and registrars to confirm entitlements and execute instructions
• Perform regulatory reporting, management reporting and risk related reporting.
• Handle enquiries received from Internal and external customers as well as regulators (e.g Bursa Malaysia)
• Identify areas for process enhancement and contribute to the development of efficient workflows.
• Participate in special projects and initiatives aimed at improving the overall efficiency of the custody operations.
• Stay updated on industry regulations, market practices, and emerging trends related to trade settlement, and ensure compliance with all relevant rules and guidelines.
• Ensure adherence to compliance requirements and internal controls to mitigate operational risks.

Who you are

• Graduate in Finance, Economics, Business or other related fields.
• 1-3 years of experience in trade settlement, corporate actions, or custody operations within a financial services environment.
• Good understanding of securities markets, settlement processes, and corporate actions lifecycle.
• Familiarity with settlement systems, SWIFT messaging, and custody platforms is an advantage.
• Strong analytical skills with high attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work under pressure and meet tight deadlines.
• Proficient in Microsoft Office applications (Excel, Word, Outlook).
• Confident in learning new functions and processes and able to analyse current procedures with a focus on continuous process improvement.

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.