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Senior Associate / Associate, Specialist, Operations, Sec Svcs -Trust & Fiduciary, Institutional ...

Keywords / Skills : Senior Associate / Associate, Specialist, Operations, Sec Svcs -Trust & Fiduciary, Institutional ...

2 - 50 years
Posted: 2019-10-09

Job Description

Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.


Responsible for Operational matters of the following Corporate Trust Products

  • REITs Administration
  • Prepare and arrange for sign off payment instructions including loans, fixed deposit, etc
  • Prepare and arrange for sign off monthly payment instructions for transfer of funds from Revenue to Operating Account as per Budget
  • Prepare and arrange for sign off income distribution
  • Review monthly Financial Reports
  • Yearly Compliance Review as per Code Of Collective Investment Scheme
  • Exchange Traded Funds (ETF)
  • Process creation and redemption of ETF units as per Operating Guidelines
  • Ensure underlying trades are settled as per Operating Guidelines
  • Daily reporting of ETF transactions to Fund Manager and Administrator
  • Daily review of Fund?s Net Asset Value on Fund expenses and accrual
  • Weekly compliance as per Code of Collective Investment Scheme for ETF
  • Review and process distribution of ETF
  • Review Half-yearly unaudited report and yearly audited report for ETF
  • Any other Corporate Trust Products
  • Cover for other products such as paying agency, escrow agency and employee benefit schemes
  • Process payment/instruction as per Trust Deed/Agreement

  • Degree holder (finance/accounting preferred)
  • Minimum 2 years working experience in a finance related industry in Operations/ Finance/ Compliance/Audit Department
  • Knowledge on Corporate Trust Products ? REITs, ETF, Bonds, Employee Benefit Schemes would be of advantage
  • Knowledge on MAS Code of Collective Investment Schemes would be of advantage
  • Able to read and review Financial Statements, Budget and Valuation Reports
  • Candidates with REITs and ETF administration experience will be of added value

  • Apply Now
    We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

    About Company

    DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia's Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.
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