Corporate Action Specialist

4 days ago


Singapore OCBC Bank Full time

Job Description

We are seeking a highly skilled team member to join our Front Office Support Services (FOSS) function. The incumbent will play a critical role in processing corporate actions, ensuring seamless execution and compliance with BOS/OCBC standards and guidelines.

Responsibilities:

  • Process corporate actions events in T24, including authorization of events such as dividend distributions, rights issues, bonus issuances, splits, cash and exchange offers, annual and extraordinary meetings, and ad-hoc asset servicing assignments.
  • Ensure compliance with relevant regulations and internal standards, identifying and mitigating potential risks.
  • Perform reconciliation of cash and securities to investigate and close any breaks timely, maintaining accurate records.
  • Conduct End of Day control checks, verify BAU tasks completion, and sign off on the end of day checklist.
  • Act as a control unit, identifying risk issues while interacting with Front Office staff and ensuring exception processing is completed according to approval conditions.
  • Resolve business queries within expected timeframes or escalate to the correct parties.
  • Participate in process reviews and project initiatives to improve efficiency and deliver process improvements.

Qualifications:

2-4 years of experience in Private Bank Operations, specifically in Corporate Action; tertiary education with a good academic track record; excellent knowledge of Microsoft Office; clear written and verbal communication skills with all levels of staff; client-oriented mindset; meticulous and good team player; ability to work independently and drive initiatives forward until delivery; proactive in identifying process gaps and suggesting solutions to improve productivity.



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