Custody Operations Lead - Corporate Actions

China Merchants Bank Co., Ltd., Hong Kong Branch; Hong Kong; On-site; HKD 800,000 - 1,200,000; Full time

Job summary

China Merchants Bank Co., Ltd., Hong Kong Branch is recruiting for a Manager - Custody Operations (Corporate Action) in the Custody Services Department. The role oversees end-to-end corporate action events across HK, Stock Connect, US and global markets.

You will prepare notifications, manage elections, ensure deadlines and controls, and maintain regulatory documentation. Strong communication in Cantonese and English is required, with Putonghua preferred.

Qualifications

• 5 years of experience in securities settlement; at least 2 years as Checker.
• Good communication in Cantonese and English; Putonghua preferred.
• Willing to work shifts, public holidays and inclement weather.

Responsibilities

• Process and manage the end-to-end lifecycle of corporate action events across Hong Kong, Stock Connect, US and global markets.
• Prepare and distribute corporate action notifications, election forms, entitlement reports and client communications.
• Ensure accurate processing within service standards and market deadlines.
• Handle client elections, instructions and escalations while maintaining strong controls and risk management.
• Maintain records and documentation per regulatory, compliance and audit requirements.
• Prepare and update operational procedures, policies and control documentation.
• Support US income reconciliation and tax reporting where applicable.
• Respond to client, front office and settlement agent inquiries.
• Review audit responses before submission and design control reports.
• Participate in platform transformation, system enhancements and UAT testing.
• Update training material and procedures; perform ad-hoc team duties.

Tools

OCP

CCASS

eCMT

Citi Velocity

JPM Markets

Easyway

Xact

Job description

China Merchants Bank Co., Ltd., Hong Kong Branch is recruiting for a Manager - Custody Operations (Corporate Action) in the Custody Services Department. The role oversees end-to-end corporate action events across HK, Stock Connect, US and global markets.

You will prepare notifications, manage elections, ensure deadlines and controls, and maintain regulatory documentation. Strong communication in Cantonese and English is required, with Putonghua preferred.