Sr Associate, Custodian & Settlement, Securities & Fiduciary Services Operations, T&O

DBS Bank Ltd; Hong Kong; On-site; HKD 700,000 - 1,100,000; Full time

Job summary

DBS Bank Ltd. in Hong Kong seeks an experienced Securities Operations professional to execute settlements, corporate actions, and billing while maintaining accuracy and compliance.

You will support day-to-day custody activities, data maintenance, and client service with a strong emphasis on regulatory adherence. The role requires a degree and at least eight years in securities operations, with knowledge of CCASS, SFC rules, SFO, HKICL, MS Office, and bilingual English/Chinese.

Qualifications

• Degree holder.
• Minimum eight years of relevant experience in securities operations.
• Role attached to one custody function with fast-track rotation to other custody functions.
• Knowledge of CCASS, SFC rules, SFO and HKICL.
• Accuracy and thoroughness in work.
• Problem-solving skills.
• Interpersonal and communication skills.
• Knowledge in MS Office.
• Result- and customer-oriented.
• Positive attitude and self-motivation.
• Good team player, flexible to take up team tasks.
• Good command in English and Chinese (written & spoken).

Responsibilities

• Execute securities transactions in settlement, corporate actions, account opening and billing.
• Handle day-to-day settlement (scripless and physical) across equities, fixed income and other instruments.
• Process corporate actions (voluntary and involuntary).
• Process monthly fee billings and collections.
• Dispatch holding statements.
• Maintain custody accounts.
• Perform static data maintenance and information updates.
• Provide second level client services and handle inquiries.
• Comply with regulatory requirements and audit/risk guidelines.
• Report suspicious/outstanding transactions per policy.
• Participate in UAT for system enhancements; review requirements and test cases.
• Participate in project initiatives and business development; training, etc.
• Handle routine and ad hoc tasks as directed by management.

Skills

CCASS knowledge

SFC rules knowledge

SFO knowledge

HKICL knowledge

MS Office

Bilingual English & Chinese

Communication skills

Problem-solving

Team player

Accuracy and thoroughness

Education

Bachelor's degree

Job description

Business Function

Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In T&O, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities

• Execute securities transactions in settlement, corporate action, account opening and billing efficiently and accurately.
• Handle day-to-day settlement (scripless and physical) on equities, fixed income, and other types of instruments.
• Process voluntary and involuntary corporate action
• Process monthly fee billings and collections
• Process dispatches of holding statements
• Process custody account maintenance
• Perform static data maintenance and information update.
• Provide second level client services. Handle customer inquiries in an efficient manner
• Comply with regulatory requirements (such as HKMA, MAS, SFC etc.) and Audit / Risk Management guidelines pertaining to the operations.
• Report any suspicious / outstanding transaction or incident to Team Manager, Department Head and other relevant parties for necessary action per the Incident Management Policy
• Participate in user acceptance test for system enhancements. Review business requirements and functional specifications. Prepare test cases and conduct testing
• Participate in project initiatives and business development, e.g. customer implementation, business continuity management, review of operational procedures, policies and guidelines; specific and job-related training, etc.
• Handle regular and ad hoc tasks as designed by Team Manager and Department Head.

Requirements

• Degree holder
• Minimum eight years of relevant experience in securities operations. Fresh graduates with good potential and high caliber will be considered.
• The role is initially attached to one custody function (settlement, corporate action, billing or account opening). Good performers have the opportunity to rotate to other functions on a fast track for development into well rounded professionals in custody operations.
• Knowledge of CCASS, SFC rules, SFO and HKICL
• Accuracy and thoroughness in work
• Problem-solving skills
• Interpersonal and communication skills
• Knowledge in MS office
• Result- and customer-oriented
• Positive attitude and self-motivated
• Good team player, supportive and flexible to take up team tasks
• Good command in English and Chinese (both spoken & written)

We regret only shortlisted candidates will be notified.

Location

Two Harbour Square

Job

Operations

Schedule

Regular

Employee Status

Full time