Assistant Manager

HSBC; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

HSBC is seeking enthusiastic individuals for a role in Direct Custody and Clearing Corporate Actions. This position offers the opportunity to learn about various corporate events, receive comprehensive training, and engage in critical operations that uphold compliance and enhance financial service delivery.

Qualifications

• High competency and accuracy in processing corporate actions.
• Ability to adapt and support management decisions in a team environment.
• Effective in analyzing information for decision-making.

Responsibilities

• Process corporate events accurately and efficiently within deadlines.
• Report issues to the Manager to avoid financial loss.
• Support operational activities and participate in management discussions.

Skills

Analytical skills

Attention to detail

Critical thinking

Job description

Why join us?

Direct Custody and Clearing (DCC) Corporate Actions is an asset servicing function primarily serving institutional and retail clients in a domestic market. As a direct custodian, the team is responsible for the efficient and timely broadcast of corporate events to clients, processing instructions, computing entitlements, and handling corporate event payments. Common corporate events include, but are not limited to, cash dividends, bonus shares, rights issues, proxy meetings, takeovers, mergers, interest, redemptions, and conversions. Each event has its unique handling, making this role interesting for those eager to learn and take on challenges. If you are passionate about learning and seeking an exciting career, consider joining us.

The Opportunity:

• Opportunity to learn about various types of corporate events and their lifecycle.
• Enrolment into the Corporate Actions academy, offering comprehensive product training and knowledge testing.
• Dedicated on-the-job training with a focused learning plan.
• Responsibility for the day-to-day processing of corporate events accurately and efficiently.

What you’ll do:

• Act as the input agent for operations, ensuring all corporate events are processed within required timeframes, instructions are processed as per deadlines, and deviations are reported immediately to the Manager.
• Demonstrate high competency and accuracy in processing activities.
• Promptly escalate issues to the Manager that may lead to financial loss or client service concerns.
• Maintain satisfactory audit, regulatory, and risk ratings, adhering to group and company policies at all times.
• Apply critical and analytical skills to analyze information and generate solutions for decision-making.
• Conduct periodic reviews of procedures to improve efficiency and identify best practices.
• Support team members in operational activities to ensure comprehensive coverage.
• Adapt to changes and support management decisions.
• Drive a supportive, people-centric team environment.
• Manage change effectively to achieve business goals, including process improvements.
• Cover for the departmental Manager in their absence.
• Participate in process discussions and management meetings.