Associates / SA, Security Settlement Operation Specialist (Wealth Management Operations), CBWMO, Group COO

4/29/2026

The specialist is responsible for the validation and timely settlement of various financial trades, including equities, bonds, and complex derivatives. They must also ensure full compliance with regulatory reporting requirements and maintain accurate reconciliation of accounts.

Working Hours

40 hours/week

Company Size

10,001+ employees

Language

English

Visa Sponsorship

About The Company

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. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. 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 14 consecutive years from 2009 to 2022. 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. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

About the Role

Job Description

Dual maker and Checker role on trades validation and ensures on-time settlement of all trades (Equity, Bonds, Structured Products, OTC Derivatives, Interest Rate Swaps, Other complex FX Swaps.
Processing of post trade product life event of structured Notes and OTC Derivatives including but not limited to Early termination, Interest processing, final maturity & so on
Ensure settlements of trades are in compliance to policies, procedures and market regulations.
Ensures full compliance with all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers.
Assists in liaising with counterparties for any issue to ensure fast and effective resolution.
Ensure proper and timely reconciliation of cash, securities and other GL accounts.
Conduct end-of-day checks of Avaloq orderbooks and make sure that there are no trades left unattended and unprocessed.

Ensure that all Derivatives regulatory reporting to MAS are done on timing basis.

Reviews and assesses processes and introduce system improvements for efficiency and controls. Participates in system’s UAT as and when assigned.
Keeps SOPs and process maps updated for any process changes.
On-time escalation of issues and risks to the Team leader or to the Department Head.
Performs other duties that may be assigned from time to time.

Requirements

Experience in a private banking and wealth management environment in the backend operation.
Adequate Knowledge of Investment Products (i.e. Structured Product/Derivatives)

Adequate Knowledge of Swift Message i.e. MT2X/MT5X/MT6X
Have some knowledge of MAS regulatory reporting
Functional knowledge/experience in back-office support is required
Able to multi-task, a good team player, Self Motivated with good interpersonal skills
Able to take on new tasks as required by the business and by the management
Meticulous, alert & have an eye for figures & details.
Good work Knowledge of MS Office applications especially MS Word and MS Excel.
Prefer to have knowledge of Avaloq
Diploma / Degree in Banking, Business Studies or other related course of studies

Location:

DBS Asia Hub

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

Key Skills

Trade validationSettlement operationsWealth managementStructured productsOTC derivativesReconciliationAvaloqSwift messagingRegulatory reportingMAS complianceRisk managementProcess improvementMS ExcelMS WordBack-office support

Associates / SA, Security Settlement Operation Specialist (Wealth Management Operations), CBWMO, Group COO

Job Description

Dual maker and Checker role on trades validation and ensures on-time settlement of all trades (Equity, Bonds, Structured Products, OTC Derivatives, Interest Rate Swaps, Other complex FX Swaps.

Processing of post trade product life event of structured Notes and OTC Derivatives including but not limited to Early termination, Interest processing, final maturity & so on

Ensure settlements of trades are in compliance to policies, procedures and market regulations.

Ensures full compliance with all policies and regulations including SFA’s T+X+1. Complete adherence to SLAs with Wealth Business and other internal and external customers.

Assists in liaising with counterparties for any issue to ensure fast and effective resolution.

Ensure proper and timely reconciliation of cash, securities and other GL accounts.

Conduct end-of-day checks of Avaloq orderbooks and make sure that there are no trades left unattended and unprocessed.

Ensure that all Derivatives regulatory reporting to MAS are done on timing basis.

Reviews and assesses processes and introduce system improvements for efficiency and controls. Participates in system’s UAT as and when assigned.

Keeps SOPs and process maps updated for any process changes.

On-time escalation of issues and risks to the Team leader or to the Department Head.

Performs other duties that may be assigned from time to time.

Requirements

Experience in a private banking and wealth management environment in the backend operation.

Adequate Knowledge of Investment Products (i.e. Structured Product/Derivatives)

Adequate Knowledge of Swift Message i.e. MT2X/MT5X/MT6X

Have some knowledge of MAS regulatory reporting

Functional knowledge/experience in back-office support is required

Able to multi-task, a good team player, Self Motivated with good interpersonal skills

Able to take on new tasks as required by the business and by the management

Meticulous, alert & have an eye for figures & details.

Good work Knowledge of MS Office applications especially MS Word and MS Excel.

Prefer to have knowledge of Avaloq

Diploma / Degree in Banking, Business Studies or other related course of studies