CORPORATE ACTIONS SPECIALIST

Hyred

Singapore
$3,000-5,500 per month
Contract
Full-time

1 month ago
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About the clientWith a legacy of more than 130 years across the globe, our client has been focusing on one thing: helping people achieve their financial goals. As a global wealth manager, they understand your needs, and take the long view when it comes to your assets. Whether you're starting a company, planning for your retirement, or want to ensure your loved ones will be taken care of in the future; their experts will help find the solution that is right for you.They are one of the largest key wealth management providers in the region. Their Asia footprint covers major cities in the region including booking centres in Hong Kong and Singapore, offices in Shanghai, Mumbai and other key cities in India as well as joint ventures with a Leading Commercial Bank in Thailand and Japan.They understand the needs of high and ultra-high net worth individuals in the region and are well positioned to serve them and their families for the long term.GENERAL DESCRIPTION

Processing of Mandatory and Voluntary Corporate Action events spanning global markets and all products covering Singapore and Hong Kong booking centres
Ensure daily activities are conducted professionally and accurately while ensuring that internal guidelines and policies are followed

KEY FEATURES AND ACCOUNTABILITIESClient Management (internal & external)

Coordinates with internal departments and external sub custodians, custodians, agents & brokers to ensure that daily work meets organisational standards
Monitor the queries received and provide responses or holding replies within a reasonable timeframe.

Business Management

Review daily inward/outward swift messages pertaining to Corporate Actions
Processing & Reconciling positions and subsequently the entitlements due from Corporate Actions related transaction
Monitor confirmation of entitlement and ensure entries posted on accurate and timely basis
Perform daily review on reconciliation breaks for all activity with timely follow up and resolution
Perform review on daily reconciliation before market deadlines in order to mitigate any possible operation risk of missing/incomplete processing of voluntary events resulting to possible operation loss
Participate in User-Acceptance-Testing when required

Regulatory Responsibilities &/OR Risk Management

Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations
Work with the relevant teams in fulfilment of regulatory requirements

SKILLS REQUIREMENTSPersonal and Social

Good communication skills and able to interact with people at various levels
High level of integrity, commitment and drive to excel in the role
Demonstrates initiative, passion, independence and is an effective team-player
Able to work in a fast-paced environment and handle tight deadlines
Excellent inter-personal skills with service oriented mind-set

Professional and Technical

Diploma/Degree and minimum of 3+ years of relevant experience in banking or related discipline.
Strong technical knowledge on Corporate Action & Tax
Candidate with relevant experience in Corporate Actions and Settlements SWIFT messages. (MT56x/54x) knowledge will be an advantage
Knowledge of handling US restricted securities, tax related reporting/reclaim would be an advantage
Knowledge of handling Bond Restructuring, filling of claim for defaulted instruments would be an added advantage

RANK - Assistant ManagerREPORTING LINE - Functionally to Head of Corporate Actions

Hyred