Operations Executive, Ops Product & Corporate Action (SG Support)

iFAST Corporation; Kuala Lumpur; On-site; MYR 42,000 - 72,000; Full time

Job summary

iFAST Corporation Ltd. is seeking an Operations Executive for Ops Product & Corporate Action (SG Support) to consolidate and cross-check corporate actions data into a single golden copy for each event, ensuring accuracy and timely updates.

The role includes daily reconciliations between source feeds and the golden copy, investigation of data breaks, and drafting notices for stakeholders while coordinating with custodians and internal teams to resolve data issues.

Qualifications

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Basic understanding of financial markets, securities, and corporate actions concepts.
• Strong attention to detail and comfort working with data and numbers.
• Exposure to SWIFT messaging, custody, or settlement systems through coursework, internships, or prior roles.

Responsibilities

• Consolidate and cross-check corporate actions event data from multiple sources to produce a single, accurate golden copy record for each event.
• Ensure golden copy records are complete, accurate, and updated promptly as event terms are confirmed, amended, or finalized.
• Publish/release the golden copy in a timely manner to enable regional offices to consume accurate data for their own processing and client servicing needs.
• Perform daily reconciliations between source data feeds and internal golden copy records to identify discrepancies.
• Investigate and resolve data breaks in a timely manner, escalating unresolved items to senior executives.
• Support position and entitlement reconciliations following event completion to confirm golden copy accuracy against actual outcomes.
• Draft clear, concise, and accurate corporate action notices and event summaries for dissemination to internal stakeholders, operational teams, and clients.
• Liaise with custodians, brokers, registrars, product teams, technology teams, and other internal departments to clarify event details and resolve data-related issues.
• Develop working knowledge of corporate actions event types, market practices, and messaging standards across covered markets.
• Participate in system enhancement initiatives, User Acceptance Testing (UAT), and implementation activities to ensure successful delivery of new functionalities.

Education

Bachelor's degree in Finance, Business, Economics, or a related field

Tools

SWIFT MT564/565/566

Job description

Operations Executive, Ops Product & Corporate Action (SG Support)

Golden Copy Production
- Consolidate and cross-check corporate actions event data from multiple sources (custodians, depositories, data vendors, market announcements) to produce a single, accurate "golden copy" record for each event.

- Ensure golden copy records are complete, accurate, and updated promptly as event terms are confirmed, amended, or finalized. Maintain version control and audit trail of golden copy updates and amendments.

- Publish/release the golden copy in a timely manner to enable regional offices to consume accurate data for their own processing and client servicing needs.

Reconciliations
- Perform daily reconciliations between source data feeds (custodian/depository notifications, market data vendors) and internal golden copy records to identify discrepancies.

- Investigate and resolve data breaks (e.g., mismatched dates, rates, or event terms) in a timely manner, escalating unresolved items to senior executives.

- Support position and entitlement reconciliations following event completion to confirm golden copy accuracy against actual outcomes.

- Maintain reconciliation logs and status trackers for audit and management reporting purposes.

Corporate Action Information Dissemination
- Draft clear, concise, and accurate corporate action notices and event summaries for dissemination to internal stakeholders, operational teams, and clients.

- Ensure all event notices accurately reflect official market announcements, highlight key deadlines, election requirements, potential impacts, and operational considerations.

- Liaise proactively with custodians, brokers, registrars, product teams, technology teams, and other internal departments to clarify event details and resolve data-related issues.

Corporate Actions Processing Support
- Process routine corporate actions events (dividends, stock splits, bonus issues, rights issues, redemptions, and other mandatory/voluntary events) under guidance from senior team members.

- Capture and validate event notifications received from custodians, depositories, and data vendors (e.g., SWIFT MT564/565/566) against market announcements and internal data sources.

- Support timely notification of elections and deadlines to regional offices/clients, escalating queries as needed.

Business Process and System Enhancement
- Develop working knowledge of corporate actions event types, market practices, and messaging standards (SWIFT/ISO 20022) across covered markets.

- Participate in training sessions and shadow senior executives to build technical and market knowledge.

- Contribute ideas for process improvements as familiarity with workflows grows.

- Gather, analyse, and translate business requirements into system enhancement specifications to support operational improvements and evolving business needs.

- Participate in system enhancement initiatives, User Acceptance Testing (UAT), and implementation activities to ensure successful delivery of new functionalities.

- Identify opportunities to streamline workflows, improve system efficiency, and strengthen operational controls through automation and process enhancements.

Requirements:

• Bachelor's degree in Finance, Business, Economics, or a related field.
• 0–3 years of experience in financial operations, securities services, custody, or a related field (internships/relevant coursework considered for entry-level candidates).
• Basic understanding of financial markets, securities, and corporate actions concepts.
• Strong attention to detail and comfort working with data and numbers.
• Good command of Microsoft Excel (basic formulas, data checks).
• Exposure to SWIFT messaging, custody, or settlement systems through coursework, internships, or prior roles.
• Familiarity with APAC financial markets and regulatory environment is an advantage.
• Additional language skills relevant to the region is a plus.

iFAST Corporation Ltd. (“iFAST Corp”) is a global digital banking and wealth management platform headquartered in Singapore. Incorporated in the year 2000 in Singapore and listed on the SGX-Mainboard in December 2014 (stock code: AIY), iFAST Corp is also present in Hong Kong, Malaysia, China and UK. The Group provides a comprehensive range of investment products and services, to financial advisory (FA) firms, banks, financial institutions, internet companies, multinational companies, as well as retail and high net worth investors in Asia.

iFAST Corporation Ltd. (“iFAST Corp”) is a global digital banking and wealth management platform headquartered in Singapore. Incorporated in the year 2000 in Singapore and listed on the SGX-Mainboard in December 2014 (stock code: AIY), iFAST Corp is also present in Hong Kong, Malaysia, China and UK. The Group provides a comprehensive range of investment products and services, to financial advisory (FA) firms, banks, financial institutions, internet companies, multinational companies, as well as retail and high net worth investors in Asia.