Officer, Markets Support Analyst (Corporate Actions)

Bank of America; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore seeks an Asset Services Officer to manage Corporate Actions for Equity and Fixed Income products. The candidate should possess problem-solving skills, attention to detail, and strong communication capabilities. Responsibilities include processing Corporate Action events, managing stakeholders, and supporting change initiatives. This role offers opportunities for learning and growth within a dynamic work environment focused on delivering quality services to clients.

Qualifications

• At least 2 years of experience in Corporate Actions.
• Strong knowledge of Corporate/Investment Banking within the Prime Brokerage space is preferred.
• Ability to work in a fast-paced environment.

Responsibilities

• Process instructions for Corporate Action events accurately and timely.
• Manage internal and external stakeholders on Corporate Action issues.
• Attend to reconciliation breaks in accounts daily.
• Support change by assisting in improved processes.

Skills

Problem-solving aptitude

Attention to detail

Strong communication skills

Ability to manage stakeholders

Education

Tertiary education with a good academic track record

Job description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

The APAC Asset Services department is responsible for Corporate Actions events relating to Equity and Fixed Income products. Asset Services Officer will have the exposure to deal with Traders, Stock Loan counterparties and Clients in his day to day for managing various tasks such as Corporate Actions Election management, handling Client queries and break solutions. This role requires a candidate who has aptitude for problem solving, attention to detail and building good working relationships with various internal and external stakeholders.

This is a great opportunity for any person who wishes to gain exposure to a team which brings real value add to the company.

This role requires a candidate to come with aptitude for problem solving, attention to detail, a risk and control mindset, good communication skill and is able to build good working relationships with various internal and external stakeholders.

Responsibilities:

• Processing of instruction for Corporate Action events in an accurate, timely and consistent manner, in accordance with departmental procedures and to the agreed service level.
• Managing internal and external stakeholders on Corporate Action issues
• Adhering to documented procedures, control guidelines and compliance framework
• Attending to reconciliation breaks in accounts on a daily basis
• Ensuring that all queries are attended to and investigated promptly
• Supporting change by assisting in devising and implementing improved processes
• Participating in project initiatives and taking up ad hoc tasks as required
• Managing operational risk associated within the processes

Requirements:

• Tertiary education with a good academic track record
• At least 2 years of experience in Corporate Actions
• Strong knowledge of Corporate/Investment Banking within the Prime Brokerage space is preferred

  Prime brokerage are services that banks offer to financial institutions to hedge funds and similar clients - e.g. processing of Corporate actions - ranges from cash management, securities lending (loaning shares of stock, commodities) and etc.

• Ability to work in a fast paced environment
• Ability to prioritize heavy workloads and work efficiently in dynamic environment to meet deadlines
• An independent and proactive worker with strong communication skills

Other Qualifications:

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.