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DBS Bank

Regional bank offering digital banking

AVP Corporate Actions - Multiple Teams

Asset ManagementUpdated on Nov 12
Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Banking, Finance, Accounting, or a related discipline and 5 to 8 years of relevant operations experience within Corporate Actions or Custody Operations.
  • Strong working knowledge of corporate action event types, SWIFT messaging standards (MT564, MT566, MT568), and depository procedures.
  • Strong familiarity with operational risk mitigation, audit protocols, and control framework management within financial services.
  • Strong analytical, data-scrubbing, and problem-solving skills with meticulous attention to detail.
  • Ability to manage high-pressure operational environments, meet strict market deadlines, and drive cross-functional exception resolution.
  • Strong analytical skills with high attention to detail and data accuracy.
  • Strong time-management capabilities to thrive in a fast-paced, deadline-driven environment.
  • Effective communication and stakeholder management skills to collaborate across teams.

Responsibilities

  • Oversee the end-to-end corporate actions lifecycle, focusing on event watchlist governance, data quality, and control tower oversight.
  • Lead monitoring of incoming corporate action notifications, SWIFT messages such as MT564 and MT568, and market announcements across global markets.
  • Oversee the corporate actions watchlist to identify and prioritise short-fused, mandatory, voluntary, and complex restructuring events.
  • Ensure announcements from depositories and sub-custodians are complete, escalating missing, late, or incomplete notifications promptly.
  • Provide direction on material or market-sensitive events that may affect client holdings or operational readiness.
  • Oversee validation and comparison of corporate action terms, conditions, key dates, entitlement ratios, and event options against custodian and market sources.
  • Review and approve resolution of material discrepancies, ambiguous terms, or missing critical information under the maker-checker framework.
  • Guide the team in determining validated event records, or Golden Copy, for downstream processing and dissemination.
  • Ensure security static data and verified event details are accurately reflected across core processing platforms and downstream systems.
  • Lead monitoring of operational dashboards and the Corporate Actions Control Tower to track workflow queues, missing messages or files, ageing items, and processing bottlenecks.
  • Oversee investigation and resolution of STP failures, reconciliation breaks, transmission issues, and other processing exceptions.
  • Coordinate timely issue resolution with custodians, market agents, Technology, and internal operations teams.
  • Review operational metrics, exception trends, and management reports to identify risks and areas requiring intervention.
  • Own the function's day-to-day control framework, including maker-checker responsibilities, escalation protocols, evidence retention, and audit readiness.
  • Serve as the primary escalation point for short-fused events, critical discrepancies, missed notifications, and material operational issues.
  • Lead root-cause analysis and remediation for incidents, control gaps, and recurring exceptions.
  • Ensure compliance with applicable operational risk, regulatory, and internal governance requirements.
  • Support Business Continuity Planning exercises and maintain appropriate backup and operational resilience arrangements.
  • Lead, coach, and develop the team, including work allocation, technical guidance, quality oversight, and timely feedback.
  • Build cross-functional capability across Watchlist, Scrubbing, and Control Tower activities through structured training and knowledge sharing.
  • Partner with Operations teams, custodians, Technology, and other stakeholders to resolve issues and support consistent Corporate Actions practices.
  • Provide management with clear and timely updates on significant events, risks, exceptions, and remediation progress.
  • Drive process standardisation, automation, and control enhancements across the Corporate Actions announcement lifecycle.
  • Lead or support system enhancements and implementation of future Watchlist, Golden Copy, and Control Tower capabilities.
  • Use operational data and exception trends to identify improvements and strengthen service quality, efficiency, and risk management.
  • Maintain procedures, controls, and training materials supporting the evolving CA CoE operating model.

Desired Qualifications

  • Familiarity with core banking platforms such as TCS Bancs.
  • Leadership or supervisory experience in risk management, control functions, or process optimization.

About the Company

DBS Bank

Regional bank offering digital banking

DBS Bank provides banking and financial services in Singapore and Southeast Asia, including personal and business banking, loans, deposits, wealth management, and payments. It serves customers through a network of branches and a digital platform that lets people open accounts, transfer funds, borrow, and invest via online and mobile apps. The bank differentiates itself with government-backed origins, rapid regional growth, a strong emphasis on digital banking, and a broad mix of consumer, corporate, and wealth services. Its goal is to be a leading, trusted financial services provider in Asia, supporting customers and economies with reliable banking and sustainable growth.

Company size
10,001+
Company stage
IPO
Headquarters
Singapore, Singapore
Founded
1968

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