We are seeking a team member to join our Front Office Support Services (FOSS) function. The incumbent will process corporate actions.
Responsibilities\:
Processing
• Process corporate actions, including authorization of corporate actions events in T24 which include but not limited to :
- Dividend, Rights, Bonus issue, Split, Cash and Exchange Offer
- Annual / Extraordinary meeting
- Adhoc Asset Servicing Assignments (eg. Tailored Corporate Action Handling)
• To ensure compliance to BOS/OCBC standards and guideline within the area of responsibilities, where applicable.
• Perform reconciliation of cash/securities, to investigate and close reconciliation breaks timely.
Control
• Perform End of Day control checks and ensure BAU task are completed
• Act as a control unit and be able to identify risk issues while interacting with Front office
• Ensure that exception processing is completed exactly according to the conditions set in the approval
• Perform an end of day review to ensure tasks are completed by signing off on the end of day checklist
Query Management
• Ensure all queries from Business is resolved within expected timeframe or escalated to the correct parties
Change Management
• Identify control gaps and work with team to review process efficiency and deliver improvements
• Participate in projects as and when required
· 2 to 4 years of experience in Private Bank Operations especially in the area of Corporate action
· Tertiary education with a good academic track record.
· Good knowledge of Microsoft Office.
· Fluency in English is essential.
· Clear written & verbal communication skills with all levels of staff
· Client-oriented mindset
· Meticulous and good team player
· Ability to work independently & drive initiatives forward until delivery.
· Ability to work effectively with both Front Office and Support staff, at all levels.
· Ability to work & deliver under time pressure
· Proactive in identifying any process gaps, providing or suggesting solutions to improve productivity
· Ability to perform ad-hoc system testing