Intern - Exchange Operations, Issuance and Custody (Spring 2027, Jan to Jun)

SGX Group Internship Program

We are Asia’s leading and trusted securities and derivatives market infrastructure, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. We also operate a multi-asset sustainability platform, SGX FIRST or Future in Reshaping Sustainability Together (sgx.com/first). We are committed to facilitating economic growth in a sustainable manner leveraging our roles as a key player in the ecosystem, a business, regulator and listed company. With climate action as a key priority, we aim to be a leading sustainable and transition financing and trading hub offering trusted, quality, end-to-end products and solutions. As Asia’s most international, multi-asset exchange, we provide listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. We are the world's most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN. In foreign exchange, we are Asia's leading marketplace and most comprehensive service provider for global FX over-the-counter and futures participants. Headquartered in AAA rated Singapore, we are globally recognised for our risk management and clearing capabilities. 

Be a part of this fast-paced world where your contributions count. SGX offers you the unique experience of gaining insights into the Exchange business and the finance value chain. You will be immersed in the respective specialist functions – at SGX, we believe that our interns are involved in real-time work from Day 1.

Note: Leave of Absence (LOA) may be required to take on the internship.

Exchange Operations Roles:

Issuance and Custody

Brief Overview

The IPO & Custody (IPOC) team is responsible for delivering services to more than 600 listed companies/issuers, Depository Agents and CDP direct depositors.  The team processes primary issuances of corporate bonds/Singapore Savings Bonds (SSB)/Singapore Government Securities (SGS), and other issuances of products such as structured warrants, certificates, DLCs and ETFs, and also handles post trade services such as secondary market transfers and  cross border transfers against other markets.

Learning Objectives

As an intern in the IPOC team, you will gain exposure to the Singapore Securities Market infrastructure, custody and depository operations, and a wide range of products across Equities, Structured Products and Fixed Income.

You will also get the opportunity to leverage advanced AI tools to enhance operational efficiency and drive innovation.

Job Description

Business-As-Usual (BAU) Operations

• Assist with the daily crediting of securities arising from new issuances, including Structured Warrants, Daily Leverage Certificates (DLCs), Structured Certificates, Warrants, Bond Issuances, and ETF creations/redemptions.
• Support the processing of cross-border securities transfers with CDP's foreign custodians.
• Assist in the crediting of securities arising from Employee Share Option Schemes (ESOS), warrant conversions, and Singapore Government Securities (SGS) issuances.
• Support the reconciliation process to ensure depository holdings are fully supported by physical certificates lodged with the appointed custodian bank.
• Assist with the processing of securities crediting and withdrawals arising from expiries and early redemptions of Structured Certificates and DLCs.

Projects and Process Improvements

• Support enhancement projects and strategic initiatives undertaken by the team.
• Participate in process reviews and operational improvement initiatives to enhance efficiency, controls, and scalability.

Knowledge and Skill Requirements

• An eye for details
• Proactive
• Self-motivated and goal oriented
• Can-do spirit
• Fast learner
• Effective team player
• Ability to deal with ambiguity
• Ability to communicate complex concepts
• Analytical mindset with strong problem-solving abilities
• Strong inter-personal and effective relationship management skills
• Proficient in MS Word, PowerPoint, Excel
• Proficient in using AI tools for process optimization and data analysis, such as creating AI Agents, AI Orchestration Flows or  
• Experience with workflow automation tools (such as n8n, Power Automate, or Zapier) is a plus. 
• Experience in programming (VBA/ Python) is an advantage