Associate VP (Corporate Actions) - OCBC

OCBC (Singapore); Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

OCBC (Singapore) is seeking a corporate actions specialist to ensure timely processing of events across Singapore and global markets. You will work in a detail-driven team, upholding risk controls and service standards while supporting stakeholders across custody and operations.

The role requires a degree in Banking/Finance or related field, with experience in corporate actions and reconciliation. You will analyse events, resolve discrepancies, and contribute to process improvements and UAT as

Qualifications

• Bachelor's degree in Banking, Finance, Business, or related field.
• Experience in Corporate Actions, Equities, Custody, or Capital Markets Operations.
• Familiar with corporate action events and reconciliation processes.
• Strong analytical, problem-solving, and stakeholder management skills.
• Ability to work independently under tight deadlines.

Responsibilities

• Process corporate action events for Singapore and foreign markets within prescribed timelines.
• Investigate and resolve corporate action cash breaks, discrepancies, and exceptions promptly.
• Ensure daily BAU activities are completed accurately and within SLIs; respond to queries from stakeholders and counterparties.
• Adhere to SOPs, controls, compliance requirements, and risk management standards; escalate issues promptly.
• Participate in projects, change initiatives, and ad-hoc assignments as required.

Skills

Corporate Actions

Equities Ops

Custody

Stakeholder Mgt

SLA Management

Education

Bachelor's degree

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.

Job Purpose

Responsible for the timely and accurate processing of corporate action events across Singapore and global markets, ensuring effective risk management, operational excellence, and adherence to established controls and service standards.

Key Responsibilities

• Process mandatory and voluntary corporate action events for Singapore and foreign markets within prescribed timelines.
  
• Investigate and resolve corporate action cash breaks, discrepancies, and exceptions promptly.
  
• Ensure daily BAU activities are completed accurately and within agreed Service Level Indicators (SLIs).
  
• Respond to queries from internal stakeholders, custodians, agents, and external counterparties.
  
• Adhere to documented SOPs, operational controls, compliance requirements, and risk management standards.
  
• Escalate discrepancies, operational issues, and control breaches promptly to supervisors and drive timely resolution.
  
• Support the Section Head and Team Lead in process improvement initiatives, system enhancements, requirements gathering, and User Acceptance Testing (UAT).
  
• Identify opportunities to streamline processes, strengthen controls, and enhance operational efficiency.
  
• Participate in projects, change initiatives, and ad-hoc assignments as required.
  

Requirements

• Degree in Banking, Finance, Business, or a related discipline.
  
• Relevant experience in Corporate Actions, Equities Operations, Custody, or Capital Markets Operations.
  
• Sound knowledge of mandatory and voluntary corporate action events and reconciliation processes.
  
• Strong analytical, problem-solving, and stakeholder management skills.
  
• Ability to work independently and manage competing priorities under tight deadlines.
  
• Good understanding of operational risk, controls, and regulatory requirements.
  

Side note:

• This is a 100% Work -in- Office role, currently located at Raffles place and will relocate to Tampines wef Jan 2027
  
• During the interview, a 5-minute assessment test will be administered. To ensure optimal performance, please attend the interview in a composed and alert frame of mind . Further details regarding the test will be provided during the interview.
  

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.

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