Operations Specialist, Front Office Support Services, Corporate Action

2 weeks ago

Singapore OCBC Bank Full time

**Operations Specialist, Front Office Support Services, Corporate Action** **-** **(**25000028**)**

We are seeking a team member to join our Front Office Support Services (FOSS) function. The incumbent will process corporate actions.

**Responsibilities**:
**Processing**
- Process corporate actions, including authorization of corporate actions events in T24 which include but 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 guideline within the area of responsibilities, where applicable.
- Perform reconciliation of cash/securities, to investigate and close reconciliation breaks timely.

**Control**
- Perform End of Day control checks and ensure BAU task are completed
- Act as a control unit and be able to identify risk issues while interacting with Front office
- Ensure that exception processing is completed exactly according to the conditions set in the approval
- Perform an end of day review to ensure tasks are completed by signing off on the end of day checklist

**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

**Qualifications**
- 2 to 4 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

**Primary Location**: Singapore

**Job**: Operations Admin

**Organization**: Group Wealth Operations

**Schedule**: Permanent

**Job Posting**: 15-Jan-2025, 1:01:32 AM

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