Custody Operations Lead: Markets & Settlements

ocbc; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

OCBC Bank in Singapore is seeking a Custody Operations Manager to oversee end-to-end custody processing, asset servicing, reconciliations and risk controls across markets and products.

Reporting to the Head of Markets Operations, the role collaborates with Front Office, Product, Client Services, Risk, Compliance, Finance, Technology and market infrastructures to ensure accurate processing, timely settlements and robust operational controls.

Responsibilities

• Custody Transaction Processing: End-to-end processing of custody transactions, validation, matching, settlement, position maintenance and exception resolution.
• Asset Servicing and Income Processing: Oversee corporate actions, income events, elections and deadlines; update records; escalate material risks.
• Reconciliation and Exception Management: Daily reconciliation of positions, cash, transactions; investigate breaks; coordinate resolution.
• Risk, Control and Governance: Maintain daily controls; identify gaps; support audits and regulatory reviews.
• Service and Stakeholder Management: Manage relations with Front Office, Product, Client Services, Finance, Technology and custodians.
• Change and Operational Readiness: Assess readiness for new products/markets; drive testing, implementation and automation

Job description

OCBC Bank in Singapore is seeking a Custody Operations Manager to oversee end-to-end custody processing, asset servicing, reconciliations and risk controls across markets and products.

Reporting to the Head of Markets Operations, the role collaborates with Front Office, Product, Client Services, Risk, Compliance, Finance, Technology and market infrastructures to ensure accurate processing, timely settlements and robust operational controls.