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OCBC Group in Singapore seeks a Corporate Actions Specialist to ensure timely processing of corporate action events across Singapore and global markets, maintaining controls and risk management. You will investigate cash breaks, respond to internal and external queries, adhere to SOPs and SLIs, and support process improvements and UAT.
This is an in-office role requiring degree in Banking/Finance and relevant experience.
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.
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.
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.
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.
This is a 100% Work -in- Office role.
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.
As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.