Assistant Manager Corporate Actions

Standard Chartered India; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Standard Chartered India is seeking a diligent Corporate Action professional to supervise timely processing, reporting, and controls across equity and debt transactions for custody clients in India. This role requires coordinating with exchanges, depositories, and issuers to ensure accurate, compliant processing and high-quality client service.

You will work with cross-functional teams to ensure BAU operations meet regulatory requirements, maintain strong controls, and deliver precise client

Qualifications

• Experience in corporate action processing and related control frameworks.
• Strong understanding of regulatory requirements affecting custody operations.
• Ability to produce accurate client reports and reconcile entitlement details.

Responsibilities

• Monitor, record and report corporate action announcements on equity and debt securities for domestic and regional custody clients.
• Reconcile client eligibility for corporate action events on key dates and report securities and cash entitlements to clients.
• Process circulars and notices from exchanges and depositories affecting securities held by clients.
• Manage corporate actions benefits (cash and securities) processing for holdings of clients.
• Handle client responses and execute voluntary corporate actions including PUT/CALL options.
• Support client subscriptions through Primary Market transactions (Equity/Debt IPOs and QIPs).
• Provide proxy services, including dispatch of agendas/annual reports and proxy instructions.

Skills

Corporate Actions

Regulatory Compliance

Client Reporting

Job description

Job Description:

Job Summary

• To ensure optimum efficiency from the Section whilst maintaining all required controls and procedures.
• To maintain working relationship with the officials of the various market intermediaries (Stock Exchanges, Registrars, Issuers / Companies, Depositories, Other Custodians)
• To supervise and manage the Corporate Action Sub-Sections by ensuring that all operations are working in line with laid down controls, procedures and all regulatory requirements and achieve established targeted standards of productivity and client services
• To maintain a positive working with personnel of the other Sections / Divisions of the Bank.

Key Responsibilities

To supervise and manage timely and accurate processing and reporting related to of following transactions / activities:

• Monitoring, Recording and reporting of corporate action announcements on equity and Debt securities for domestic and regional custody clients
• Reconciliation of client eligibility for corporate action events on key dates and reporting of securities and cash entitlements to clients
• Tracking and processing of circulars, notices issued by exchanges, depositories impacting securities held by clients
• Follow-ups, collection, and processing of Corporate Actions Benefits (Cash and Securities) on Equity and Debt Securities held by clients
• Handling client responses & execution of Voluntary Corporate Actions including PUT/CALL options
• Clients’ subscription through Primary Market transactions in Equity/Debt IPOs and QIPs
• Proxy services offered to clients including follow-up for agendas / annual reports, dispatch of the same to clients, execution of proxy instructions, procurement and dispatch of meeting updates.
• Investments made by FDI/ FVCl/ FPI clients through Private Placements and security for the same is received on a timely basis.
• Processing of Demat / Remat / Repurchase instructions of clients.
• Inwarding of Demat/ Physical securities.
• Follow up Debt IPO allotments and ensure timely credit to clients.
• Activities related to Transfer processing for securities held in physical certificates
• Assist Team Leader/Section Head in any adhoc assignments

Strategy

• To build a well-defined and robust processes with good controls
• To cross train the people in the corporate actions so that in any kind of disaster we can deliver our services.
• To participate in the bank’s initiative and deliver / implement the same.

Business

• Corporate Action business is to action on any event initiated by a listed/ unlisted company that affects its stakeholders, such as shareholders.

Processes

• Responsible for accurate execution of day-to-day BAU operations of corporate action processing, timely reporting to clients and internal stakeholders. Must ensure all the laid down controls, procedures and regulatory requirements are followed and achieve established targeted standards of productivity. Strive to provide a high level of quality service to all clients and stakeholders, and to ensure that all processes are handled in a compliant and efficient manner. Lastly, dedicated to maintaining and improving BAU operations to ensure the highest level

People & Talent

• To help build a good work life balance for self and team.
• To constantly motivate team towards better performance.
• To encourage and foster a collaborative and supportive working environment.
• To determine training needs of team members and regularly initiate internal training sessions to meet these requirements.
• To give