SUMMARY
Experience in end-to-end securities processing functions in any area within Global Custody. Functional aspects include U.S. & Global Corporate Actions, Income, Settlements, Reconciliation and Market Data.
JOB FUNCTIONS/DUTIES AND RESPONSIBILITIES
1.Process and oversee all aspects of the corporate action lifecycle associated with mandatory, voluntary and choice events across all markets.
2.Review, validate and scrub information relating to corporate actions events received from vendors, local market sub custodians and provide accurate notifications to customers.
3.Responsible for the processing of domestic and global income events. The scope includes all income related event types such as cash dividends, capital gains, return of capital, principal & interest payments.
4.Provides notification services supporting all income event types. This includes scrubbing data received from the central depository, third party vendors and sub-custodians.
5.Performs the settlement of domestic and global purchases, sales and free transactions executed by Global Custody customers.
6.Process global cash transactions executed by clients and FX Department.
7.Perform research on fails, unmatched trades in order to provide accurate reporting.
8.Experience in SWIFT trade & cash maintenance and repair.
9.Perform and validate the reconciliation of global and domestic securities and cash.
10.Ability to research and resolve cash and securities reconciliation breaks/discrepancies from Global and Domestic Custody Departments.
11.Responsible for the overall maintenance of the Bank’s security master databases. This generally includes pricing, security identifiers, processing classes, etc.
12.perform the initial setup and maintenance of customer accounts, portfolios, locations / registrations, brokers, and FX rates used by systems which support the Global Custody and Securities Lending businesses.
REQUIREMENTS
·Bachelor’s degree in business or economics preferred.
·Two plus years of global custody services operations preferred.
·Fundamental knowledge of finance and mathematics.
·Proficiency is MS Office suite of products including Outlook, Word, Excel, Powerpoint.
·Good oral and written communications.
