Spl'st, Corporate Action

Overview

We are seeking a highly skilled and experienced Corporate Action Manager to process and oversee the end-to-end processing of corporate actions. This role is pivotal in ensuring the accurate and timely execution of corporate action events, encompassing event announcements, response / instruction processing, and payment processing for both international and domestic markets. The ideal candidate will possess a deep understanding of corporate action processes and demonstrate a strong ability to manage complex events with precision and efficiency. This role requires exceptional attention to detail, strong analytical skills, and the ability to navigate and resolve issues promptly. Additionally, the role involves continuous process improvement to enhance operational effectiveness and client satisfaction.

Key Responsibilities

• Strategy : Awareness and understanding of the Group’s business strategy and model appropriate to the role.
• Business : Knowledge of Custody operations, Securities Settlements, Corporate Actions, Financial Market Operations. Knowledge of Agent banking, Sub Custody operations and clearing will be an added advantage.
• Processes : To authorize and control the dispatch of the outgoing messages related to Corporate Action in CAPE.
• To notify the client of any Corporate Action event by means of SWIFT / Fax / e-mail / S2B or any other mechanism as may be specified in the DOI.
• To authorize responses to sub-custodians on the option being exercised based on the response received from the clients and to debit / credit the clients account for disbursement processing.
• To authorize proper collection and disbursement of resultant entitlements from corporate action events.
• To authorise vouchers or Swift messages for Transfer of funds from and to Nostro accounts and transfer of funds across accounts based on the underlying instructions.
• To perform investigation of all types of breaks relating to Cash and Securities and all other Inventory reconciliation outstanding / exceptions relating to Corporate Actions
• Ensure all timelines are met with accuracy as per agreed SLA.
• Managing the team members effectively, knowledge sharing among team members & developing individual skills of all team members.
• Process training to new joiners, regular updates on the process change and incorporation of the changes in DOI.
• Ensure a continual drive towards automated control processes.
• Ensure proper functioning of day-to-day controls, periodic monitoring of activities and timely resolution of risk issues.
• To ensure successful completion of BCP / DR test at required frequencies.
• To escalate issues as they occur and coordinate communication to senior stakeholders.
• Manage the performance and development of staff across the unit.
• Co-ordinate various testing in respect of new application and processes relating to Corporate Action activities and check reports for confirmation and sign-off.
• Handling Internal and External Auditors and clarifying all queries in a timely manner.
• Managing KCSA related queries, Timely updation of volumes in PS tool and encouraging active participation in CSR activities.
• To support Migration of the new activities.
• Complete all mandatory e-learning as and when it required.

Risk Management

Governance

Skills And Experience

About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can\'t wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion.

Together We

What We Offer

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