Corporate Actions Specialist
6 months ago
Job Description:
As a Corporate Actions II specialist, you will play a crucial role in receiving, sourcing, planning, communicating, processing, and validating assigned corporate events to ensure seamless operations and client satisfaction.
Your responsibilities will include:
- Calculating and applying withholding tax for non-exempt clients, validating tax calculations, and submitting reports for verification.
- Coordinating the work of team members, providing technical guidance, and ensuring optimal performance.
- Monitoring and managing operational incidents and issues, collaborating with internal stakeholders to resolve them efficiently.
- Partnering with managers to identify and mitigate areas of risk, ensuring compliance with regulatory frameworks.
- Planning, creating, and validating corporate event plans, facilitating effective processing within deadlines.
- Engaging with stakeholders to obtain additional information and ensure accurate communication regarding corporate events.
- Reconciling instructions, eligibility, and entitlements, investigating and rectifying discrepancies as needed.
- Contributing to reporting and management information by analyzing data and providing insights for process optimization.
- Establishing and maintaining relationships with internal and external stakeholders to facilitate resolution of queries and issues.
Qualifications:
- 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:
- Adopting Practical Approaches
- Checking Details
- Directing People
- Following Procedures
- Inviting Feedback
- Managing Tasks
- Meeting Timescales
- Producing Output
- Showing Composure
- Taking Action
- Team Working
- Upholding Standards
Technical Competencies:
- Client Servicing
- Continuous Improvement
- Strategic Planning and Reporting
- Deal or Trade Life Cycles
- Exception Handling
- Industry Knowledge
- International Market Knowledge
Scope:
- People Management: Individual Contributor
- Contact with Others: Global Markets, STRATE, JSE, International Clients, Broker Dealers, Global Custodians, NBFI Multinational, Institutional, Pension Funds, etc.
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