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Associate/Analyst, Specialist, Operations, Securities Services-Trust and Fiduciary, IBG Operation

DBS Bank Limited
Singapore
Posted about 16 hours ago Permanent Competitive
Associate/Analyst, Specialist, Operations, Securities Services-Trust and Fiduciary, IBG Operation
Business Function

DBS Institutional Banking Group provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.

Responsibilities

Real Estate Investment Trust (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 NAV 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
Bond Compliance
  • Collection and follow through Bond Compliance Documents when due
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
Requirements
  • 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.
Job ID  WD39013
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