Assistant Manager, Corporate Actions

Job summary

Corporate actions operations

• Monitor, record, and report equity and debt corporate action announcements for domestic and regional custody clients.
• Reconcile client eligibility on key dates and report securities and cash entitlements.
• Track and process exchange and depository circulars and notices affecting client securities.
• Collect and process cash and securities benefits.
• Handle voluntary corporate actions, including put and call options.
• Process equity and debt IPO and QIP subscriptions.
• Provide proxy services, including agenda and annual-report follow-up, dispatch, proxy instructions, and meeting updates.
• Process private placements for FDI, FVCI, and FPI clients.
• Process dematerialization, rematerialization, repurchase, inwarding, transfer, and physical-securities instructions.
• Follow up debt IPO allotments and ensure timely client credit.

Strategy and processes

• Build robust processes with effective controls.
• Cross-train staff in corporate actions to support disaster recovery and service continuity.
• Execute accurate day-to-day business-as-usual operations and timely client and internal reporting.
• Escalate operational issues, exceptions, risks, and high-volume challenges to the appropriate manager.

People and stakeholders

• Motivate team members and foster a collaborative, supportive working environment.
• Identify training needs, initiate internal training, provide feedback, and support staff career planning.
• Coordinate with technology, quality assurance, client services, issuers, registrars, vendors, depositories, exchanges, and lead managers.

Skills and qualifications

• Graduate degree in any stream.
• Sound custody operational skills, including physical-mode settlement.
• Knowledge of capital markets, trading practices, and corporate events.
• Knowledge of Corporate Action SWIFT messages.
• Good interpersonal, communication, stakeholder management, influencing, and negotiation skills.
• Knowledge of SEBI DIP guidelines and a broad understanding of the Companies Act.

Risk and conduct

• Follow departmental operating instructions, key control standards, applicable laws, regulations, guidelines, and the Group Code of Conduct.
• Identify, escalate, mitigate, and resolve risk, conduct, and compliance matters.

What the bank offers

• The bank describes competitive pay and benefits, retirement savings, medical and life insurance, leave, wellbeing support, learning opportunities, and flexible working options based around home and office locations.