AVP Corporate Actions Specialist (Watchlist, Scrubbing & Control Tower)

About the role

DBS is looking for a risk-focused, detail-oriented Associate Vice President to join its Securities Services Operations team in the Institutional Banking Group Operations (IBGO). The role oversees the end-to-end corporate actions lifecycle, with a focus on event watchlist governance, data quality and control tower oversight, driving operational integrity and strengthening controls.

Key responsibilities

• Monitor incoming corporate action notifications, SWIFT messages (e.g. MT564/MT568) and market announcements, and oversee the watchlist so short-fused, mandatory, voluntary and complex restructuring events are identified early
• Ensure completeness of announcements from depositories and sub-custodians, with prompt escalation of missing or late notifications
• Validate and compare event terms, conditions, key dates, entitlement ratios and options against custodian and market sources, and approve resolutions of discrepancies under the maker-checker framework
• Guide the team in producing the validated event record (Golden Copy) and ensure security static data is accurate across core processing platforms
• Monitor the Control Tower dashboards, investigate STP failures, reconciliation breaks and transmission issues, and coordinate resolution with custodians, market agents, Technology and internal teams
• Own the day-to-day control framework, act as the primary escalation point, lead root-cause analysis and ensure compliance with operational risk, regulatory and governance requirements
• Support business continuity planning, and lead or support system enhancements and process standardisation, automation and control improvements
• Lead, coach and develop the team, build cross-functional capability through training, and report significant events and risks to management

Required profile

• Bachelor's degree in Banking, Finance, Accounting or a related discipline
• 5 to 8 years of relevant operations experience in Corporate Actions or Custody Operations
• Leadership or supervisory experience in risk management, control functions or process optimisation preferred
• Proven ability to manage high-pressure environments, meet strict market deadlines and drive cross-functional exception resolution

Required skills

• Strong knowledge of corporate action event types, SWIFT messaging standards (MT564, MT566, MT568) and depository procedures
• Familiarity with core banking platforms such as TCS Bancs is a strong advantage
• Strong familiarity with operational risk mitigation, audit protocols and control framework management
• Analytical, data-scrubbing and problem-solving skills with meticulous attention to detail