Assistant Manager, Corporate Actions

Year    Mumbai, Maharashtra, India

Job Description

Role Responsibilities To assist the section head in ensuring timely and accurate processing and reporting of following transactions / activities &ndash * Monitoring, Recording and reporting of corporate action announcements on equity and Debt

Role Responsibilities To assist the section head in ensuring timely and accurate processing and reporting of following transactions / activities - Monitoring, Recording and reporting of corporate action announcements on equity and Debt securities for domestic and regional custody clients Reconciliation of client eligibility for corporate action events on key dates and reporting of securities and cash entitlements to clients Tracking and processing of circulars, notices issued by exchanges, depositories impacting securities held by clients Follow-ups, collection, and processing of Corporate Actions Benefits (Cash and Securities) on Equity and Debt Securities held by clients Handling client responses & execution of Voluntary Corporate Actions including PUT/CALL options Clients' subscription through Primary Market transactions in Equity/Debt IPOs and QIPs Proxy services offered to clients including follow-up for agendas / annual reports, dispatch of the same to clients, execution of proxy instructions, procurement and dispatch of meeting updates. Investments made by FDI/ FVCl/ FPI clients through Private Placements and security for the same is received on a timely basis. Processing of Demat / Remat / Repurchase instructions of clients. Inwarding of Demat/ Physical securities. Follow up Debt IPO allotments and ensure timely credit to clients. Activities related to Transfer processing for securities held in physical certificates Assist Team Leader/Section Head in any adhoc assignments Processes Responsible for accurate execution of day to day BAU operations of corporate action processing, timely reporting to clients and internal stakeholders. Must ensure all the laid down controls, procedures and regulatory requirements are followed and achieve established targeted standards of productivity. Risk Management Responsible for timely highlighting/ escalating issues, reporting of exceptions and operational challenges, high volumes in assigned BAU operations to Team Leader / Line Manager. Regulatory & Business Conduct Display exemplary conduct and live by the Group&rsquos Values and Code of Conduct. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Leadto achieve the outcomes set out in the Bank&rsquos Conduct Principles Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association Key Stakeholders Functional Officers / Managers - Operational matters Tech Teams - System related matters Ops Review / QA Team - Reconciliations / Audit submissions Client Services Team - Client queries / updates RTAs / Issuers / Vendors - Corporate Action operational matters Depositories / Exchanges / Lead Managers - Information on securities and corporate action offerings Other Responsibilities To perform any job or task resulting from any exigencies as well as those which may be assigned by Team Leader / Line Manager. Our Ideal Candidate Graduate of any stream. Should have Sound custody operational skills including knowledge about physical mode of settlement. Knowledge of market practices in trading and about different corporate events. Knowledge of Corporate Action SWIFT messages. Good interpersonal skills to deal with counter parties/ companies/ registrars. Knowledge of SEBI (DIP) guidelines and broad idea of Companies Act. About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 160 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: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum Flexible working options based around home and office locations, with flexible working patterns Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills,global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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Job Detail

  • Job Id
    JD2951348
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year