Job Description

AVP - Asset Servicing - Corporate Action (US) 

Primary responsibilities of the team include: 

• Monitoring Corporate Actions in all reliefs and identification of eligible global positions Follow-up of events’ announcements, forecast and deadlines leading to efficient management regarding scrubbing, notifications and bookings in our general books and recording systems
• Managing the election process for voluntary events by interacting with other internal support functions, compiling aggregated instruction to be sent to agents/custodians and ensure good receipt.
• Strict follow-up of the expected proceeds/results at payment date, and follow-up controls regarding theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations. 

Responsibilities: 

• Scrubbing and setting up of the corporate events announced in US domestic market.
• Analyze terms prior to transmitting notifications to clients.
• Guarantee client events notifications and terms of the offer.
• Control books and records at the different events lifecycle stages and until its pay date.
• Process the bookings of the Income and CoA events’ proceeds into client account at pay date, ensuring its reconciliation in accounting systems.
• Manage claim for receivables/payables, toward any external parties in alignment with group guidelines policies for any wire forms.
• Follow and resolve any outstanding items in a timely manner with relevant escalation procedure applicable and compliance duties.
• Risk Mitigation: respect the controls in place, following the approved procedures, proposing updates whenever relevant 

Skills: 

• Good understanding of corporate actions lifecycle.
• Analytical and problem-solving skills.
• Ability to work under pressure and dynamic, evolving environment.
• Show critical thinking enthusiasm, initiative and diligence.
• Continuous Improvement mindset.
• Strong team spirit, client-focus mind-set and collaborative mind-set.
• Rigorous and excellent organization skills.
• Demonstrate strong time management/prioritization skills and solid judgment to meet deadlines/cut-offs. 

Work set up and location: Hybrid, BGC Taguig office. Must be amenable to work US Shift