Team Lead, Corporate Actions

Key ResponsibilitiesBusiness Knowledge of Custody operations Securities Settlements Corporate Actions Financial Market Operations Knowledge of Agent banking Sub Custody operations and clearing will be an added advantage Processes To authorize and control the dispatch of the outgoing messages related to Corporate Action in SECCURE To notify the client of any Corporate Action event by means of SWIFT Fax e-mail S2B or any other mechanism as may be specified in the DOI To authorize responses to sub-custodians on the option being exercised based on the response received from the clients and to debit credit the clients account for disbursement processing To authorise proper collection and disbursement of resultant entitlements from corporate action events To authorise vouchers or Swift messages for Transfer of funds from and to Nostro accounts and transfer of funds across accounts based on the underlying instructions To perform investigation of all types of breaks relating to Cash and Securities and all other Inventory reconciliation outstanding exceptions relating to Corporate Actions Ensure all timelines are met with accuracy as per agreed SLA Managing the team members effectively knowledge sharing among team members developing individual skills of all team members Process training to new joiners regular updates on the process change and incorporation of the changes in DOI Ensure a continual drive towards automated control processes Ensure proper functioning of day-to-day controls periodic monitoring of activities and timely resolution of risk issues To ensure successful completion of BCP DR test at required frequencies To escalate issues as they occur and coordinate communication to senior stakeholders Manage the performance and development of staff across the unit Co-ordinate various testing in respect of new application and processes relating to Corporate Action activities and check reports for confirmation and sign-off Handling Internal and External Auditors and clarifying all queries in a timely manner Managing KCSA related queries Timely updation of volumes in PS tool and encouraging active participation in CSR activities To support Migration of the new activities Complete all mandatory e-learning as and when it required People Talent Collaborative skills and should be able to work with staff across locations and grades Risk Management To ensure all control operating procedure and documentations are properly followed To ensure compliance to all established procedures regulations and the Group Guidelines To keep track of changes internal and external affecting Clients and communicate such changes along with impact analyses on a pro-active basis through newsflashes market insights operations guides and through other routine communication Governance In the event of serious regulatory breaches or where risk tolerances have been breached ensure senior management are informed and that actions are taken quickly to remediate and or activities are ceased Key Stakeholders Business partners across countries Central operations GBS SSO Management team and Larger SSO team Skills and ExperiencenaQualifications 3 to 5 years of relevant work experience in the following areas Excellent oral written communication skill good system skills Worked in corporate action processing team and have experience in approving the transactions Knowledge of various types of corporate action and swift message formatting Knowledge of allied products like Settlements Fund services and reference data will be an added advantage Should be able to handle small teams About Standard CharteredWe re an international bank nimble enough to act big enough for impact For more than 170 years we ve worked to make a positive difference for our clients communities and each other We question the status quo love a challenge and enjoy finding new opportunities to grow and do better than before If you re looking for a career with purpose and you want to work for a bank making a difference we want to hear from you You can count on us to celebrate your unique talents and we can t wait to see the talents you can bring us Our purpose to drive commerce and prosperity through our unique diversity together with our brand promise to be here for good are achieved by how we each live our valued behaviours When you work with us you ll see how we value difference and advocate inclusion Together we Do the right thing and are assertive challenge one another and live with integrity while putting the client at the heart of what we do Never settle continuously striving to improve and innovate keeping things simple and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offerIn line with our Fair Pay Charter we offer a competitive salary and benefits to support your mental physical financial and social wellbeing Core bank funding for retirement savings medical and life insurance with flexible and voluntary benefits available in some locations Time-off including annual leave parental maternity 20 weeks sabbatical 12 months maximum and volunteering leave 3 days along with minimum global standards for annual and public holiday which is combined to 30 days minimum Flexible working options based around home and office locations with flexible working patterns Proactive wellbeing support through Unmind a market-leading digital wellbeing platform development courses for resilience and other human skills global Employee Assistance Programme sick leave mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth with opportunities to reskill and upskill and access to physical virtual and digital learning Being part of an inclusive and values driven organisation one that embraces and celebrates our unique diversity across our teams business functions and geographies - everyone feels respected and can realise their full potential 26525