Senior Specialist Corporate Actions

Job ID: 37186

Location: Bangalore, IN

Area of interest: Operations

Job type: Regular Employee

Work style: Office Working

Opening date: 14 Aug 2025

Job Summary

Strategy

• Awareness and understanding of the Group's business strategy and model appropriate to the role.

Business

• 6 to 8 years of relevant work experience in Corporate Action processing and experience in handling Mandatory and Voluntary Corporate Actions
• Experience in handling MT56X messages .
• Knowledge of Custody operations, Corporate Actions, Financial Market Operations. Knowledge of Agent banking, Sub Custody operations and clearing will be an added advantage.

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.

Key Responsibilities

• To authorize and control the dispatch of the outgoing messages related to Corporate Action in CAPE.
• 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.

Skills and Experience

• Spot Opportunities
• Communication
• Collaborate
• Deliver Sustainably
• Achieve Results
• Solve Problems

Qualifications

• 6 to 8 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 Chartered

We'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 offer

In 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.