Corporate Action Team Lead – Custody

2 weeks ago


Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Full time

OCBC WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Job Responsibilities:
  • Overseeing and coordinating all aspects of corporate action activities within the Custody department.
  • Ensuring accurate and timely processing of corporate actions, while adhering to regulatory requirements and industry best practices.
  • Overseeing as a checker/authorizer to the end-to-end processing of all corporate actions, including but not limited to dividends, mergers, acquisitions, stock splits, rights issues, and proxy voting as well as Bursa CDS transactions.
  • Monitoring and resolving any issues or discrepancies related to corporate actions, working closely with internal and external parties to ensure timely resolution.
  • Perform regulatory reporting, management reporting and risk related reporting.
  • Handle enquiries received from Internal and external customers as well as regulators (e.g Bursa Malaysia).
  • Extend BAU support to Trade Settlement team as and when required.
  • Conduct regular audits and reviews to assess the accuracy and effectiveness of corporate action processes, identifying areas for improvement and implementing necessary change.
  • Conduct regular reviews on corporate action processes to identify opportunities for continuous improvements, digital and STP enhancements.
  • Initiate and drive process improvements or digital enhancements in corporate action processing.
  • Develop and implement standardized procedures and controls to enhance operational efficiency and mitigate risk in corporate action processing.
  • Providing guidance, training, and support to the Corporate Action team of professionals to ensure efficient and accurate processing of corporate actions.
  • Collaborate with customers and internal stakeholders, including portfolio managers, traders, and compliance teams, to ensure smooth coordination and execution of corporate actions.
  • Stay updated on industry regulations, market practices, and emerging trends related to corporate actions, and ensure compliance with all relevant rules and guidelines.
  • Foster a collaborative and positive team environment, promoting knowledge sharing, professional development, and continuous improvement within the team.
Requirements:
  • Graduate in Banking, Finance or other related fields.
  • Knowledge of corporate actions handling for various types of securities.
  • Sound understanding of regulatory requirements and industry best practices related to corporate actions custodian operations.
  • Strong leadership skills with the ability to effectively manage a team and drive results.
  • Excellent analytical and problem-solving abilities, with a keen attention to detail.
  • Proactive and self-motivated, with the ability to work under pressure and meet tight deadlines.
  • Strong organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
  • Confident in learning new functions and processes and able to analyze current procedures with a focus on continuous process improvement.
  • Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
Seniority Level:

Mid-Senior level

Employment Type:

Full-time

Job Function:

Consulting, Finance, and Other

Industries:

Banking and Financial Services

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