To assist members of the corporate actions team with the project management of payments (e.g., dividends, interest, and trust distributions) and project manage minor/less complicated payments under supervision of a project manager/team leader.
Key Accountabilities and main responsibilities
Strategic Focus
- You’ll be working in the Corporate and Income section. We are responsible for the correct and timely processing of Corporate Action and Income transactions. This includes cash payments such as dividend, interest, liquidation and redemption or corporate events like merger, capital increase, tender or purchase offer and stock split on equities, bonds or hedge fund products. As a strong member of the team you will work closely within the integrated value chain and our global / international interfaces.
- Understanding of various Corporate Action processes includes both all types of Mandatory and Voluntary Corporate Actions.
- Understanding of processing for various Corporate Action notices.
- Should have knowledge of break resolution related to any Corporate Action Breaks
- Should have sound knowledge of using various third party instruments like Bloomberg, Reuters, IDC etc.
- Reconciliation to ensure all the activities processed are correct and break resolution as necessary.
- Analyse and identify discrepancies between client’s position and clearing agents with positive
- troubleshooting skills.
- Taking ownership for all the deliverables being sent out by the team with proper review checks and should be able to facilitate discussions and reach decisions.
- Ensuring back-ups are in place for a smoother process flow in case of absences in the team.
- Liaison effectively with team members, internal groups and external counterparties to resolve discrepancies in a timely and efficient manner there by acting as a key subject matter expert and mentor to other junior level employees.
- Should be able to handle critical queries/issues and escalate on a