Senior Officer, Corporate Actions

Job Summary

To ensure optimum efficiency from the Section whilst maintaining all required controls and procedures. To maintain working relationship with the officials of the various market intermediaries (Stock Exchanges, Registrars, Issuers / Companies, Depositories, Other Custodians) To supervise and manage the Corporate Action Sub-Sections by ensuring that all operations are working in line with laid down controls, procedures and all regulatory requirements and achieve established targeted standards of productivity and client services To maintain a positive working with personnel of the other Sections / Divisions of the Bank.

Key Responsibilities

To supervise and manage timely and accurate processing and reporting related to 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

Strategy

To build a well-defined and robust processes with good controls To cross train the people in the corporate actions so that in any kind of disaster we can deliver our services. To participate in the banks initiative and deliver / implement the same.

Business

Corporate Action business is to action on any event initiated by a listed/ unlisted company that affects its stakeholders, such as shareholders.

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. Strive to provide a high level of quality service to all clients and stakeholders, and to ensure that all processes are handled in a compliant and efficient manner. Lastly, dedicated to maintaining and improving BAU operations to ensure the highest level

People & Talent

To help build a good work life balance for self and team. To constantly motivate team towards better performance. To encourage and foster a collaborative and supportive working environment. To determine training needs of team members and regularly initiate internal training sessions to meet these requirements. To give regular feedback to team members. To develop a career road map for staff to keep engagement levels high. To support Head, Securities Services in planning and controlling staffing and training needs.

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.

Governance

Ensure that all procedures laid down in the Departmental Operating Instructions and the Key Control Standards are adequately followed.

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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. Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

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

Skills And Experience

Knowledge on capital market Communication Skills