Associate/analyst, Digital Custody - Singapore - DBS Bank
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.
Responsibilities
- Provide custodial services to our Securities Services (SS) clients.
- Part of Central Utility team to support the daytoday processing of digital asset custody.
- Perform safelisting of wallet address
- Perform name screening (EWSS)
- Coin purity screening (Elliptic)
- Perform asset transfer in and transfer out
- Monitoring of settlement status of cash and assets
- Support the daily business operations of Securities Settlement in foreign markets
- Support processing of cash payments
- Prepare and/or authorize accounting entries
- Reconciliation
- Provide resolution of breaks related to settlement activities
- Active involvement in adhoc projects, new initiatives and Live Verification tests
- Maintain updated standard operating procedures and adherence to risk and changes in global operating environment
- Stay abreast in the securities market by reading circulars from subcustodians, custodian magazines & journal
- Build and maintain relationships with the various stakeholders such as the Client Service Managers, subcustodians, Risk and all internal/external teams
- Ensure all internal and external service standards are met while complying with policies, requirements and best practices
- Generate and use MIS Data to understand volume trends, settlement/prematching rates, etc
- Strive for continuous improvement/optimization of existing processes
- Hybrid work arrangement (WIO (DBS Asia Hub or DBS Asia Gateway Office), WFH)
Requirements:
- Able to work on 4 rotational shifts, including public holidays and weekends
- Knowledge and experience in securities Custody operations, especially in Settlements, will be an advantage
- Familiar with Digital Assets and distributed ledger technology will be an advantage
- Strong interpersonal skills, able to engage and lead discussion with stakeholders at all levels
- Analytical, detailed oriented with a growth mindset
- Selfdriven and taskoriented
- Ability to multitask and enjoy working in a fastpaced dynamic environment
- Team player as well as ability to work independently under mínimal supervision
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Primary Location:
Singapore-DBS Asia Hub
Job:
Operations
Schedule:
Regular
Employee Status:
Full-time
Job Posting:
Jul 30, 2023, 10:44:15 PM
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