Associate/Analyst, Custody Services (Digital Assets Settlement) Specialist, IBG Operations (IBGO), Group COO

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.

Job Description

Provide custodial services to our Securities Services (SS) clients. Part of Central Utility team to support the day to day processing of digital asset custody.
Perform safelisting of wallet addresses
Perform name screening (EWSS) and Digital Asset Token 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
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 sub-custodians, custodian magazines & journal
Build and maintain relationships with the various stakeholders such as the Client Service Managers, sub-custodians, 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

Requirement:

• Minimum 3 years’ experience in banking operations, or related field
• Able to work on 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
• Self-driven and task-oriented
• Ability to multi-task and enjoy working in a fast-paced dynamic environment
• Team player as well as ability to work independently under minimal supervision

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.

Location:

DBS Asia Gateway

Job: Operations
Schedule: Regular
Employee Status: Full time

DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.