Corporate Actions Operations Expert
2 weeks ago
Job Title:
Corporate Actions Operations Expert
About the Role:
We are seeking a seasoned Corporate Actions Specialist to join our team. The successful candidate will play a pivotal role in ensuring seamless operations and client satisfaction by receiving, sourcing, planning, communicating, processing, and validating assigned corporate events.
Key Responsibilities:
- Calculate and apply withholding tax for non-exempt clients, validate tax calculations, and submit reports for verification.
- Coordinate the work of team members, provide technical guidance, and ensure optimal performance.
- Monitor and manage operational incidents and issues, collaborate with internal stakeholders to resolve them efficiently.
- Partner with managers to identify and mitigate areas of risk, ensuring compliance with regulatory frameworks.
- Plan, create, and validate corporate event plans, facilitate effective processing within deadlines.
- Engage with stakeholders to obtain additional information and ensure accurate communication regarding corporate events.
- Reconcile instructions, eligibility, and entitlements, investigate and rectify discrepancies as needed.
- Contribute to reporting and management information by analyzing data and providing insights for process optimization.
Requirements:
- Diploma or first degree in Banking or related field.
- Minimum of 5 years of experience in Corporate Actions environment with proficient financial market knowledge.
- Proficiency with BANCS or similar Corporate Actions processing system.
- Experience managing small teams or projects.
Behavioral Competencies:
- Adept at adopting practical approaches.
- Meticulous in checking details.
- Effective in directing people.
- Familiar with following procedures.
- Skilled in inviting feedback.
- Excellent task management skills.
- Possesses meeting timescales skills.
- Proficient in producing output.
- Able to show composure under pressure.
- Adept at taking action.
- Team player with strong collaboration skills.
- Upholds high standards.
Technical Competencies:
- Client servicing expertise.
- Strong continuous improvement skills.
- Strategic planning and reporting abilities.
- Deal or trade life cycles understanding.
- Exception handling capabilities.
- Industry knowledge.
- International market knowledge.
Scope of Work:
- People Management: Individual Contributor
- Contact with Others: Global Markets, STRATE, JSE, International Clients, Broker Dealers, Global Custodians, NBFI Multinational, Institutional, Pension Funds, etc.
Salary Estimate:
R1 200 000 - R1 800 000 per annum
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