Assistant Manager (Corporate Action)

HSBC; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

HSBC is seeking a Corporate Actions Analyst to manage the processing of corporate events for institutional clients. The role requires a strong background in securities and analytical skills to ensure timely and accurate execution of tasks. Benefits include competitive medical insurance and family leave.

Benefits

Wellbeing amenities

Dental and optical allowances

Competitive paternity and maternity leave

Industry-competitive medical insurance coverage

Qualifications

• At least 12 months of securities experience.
• Experience in securities processing environment.
• Knowledge in Corporate Actions, Trade Settlement, Cash Payments/FXs is an advantage.

Responsibilities

• Process corporate events efficiently and accurately.
• Ensure prompt escalation of potential financial loss or client service issues.
• Support team members on operational activities.

Skills

Interpersonal skills

Analytical skills

Job description

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Direct Custody and Clearing (DCC) Corporate Actions is an asset servicing function mainly providing services to institutional clients 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 processing corporate event payments. Common corporate events processed include, but are not limited to, cash dividends, bonus shares, rights issues, proxy meetings, takeovers, mergers, interest, redemptions, and conversions.

The Opportunity:

An opportunity to learn and understand the various types of corporate events and their lifecycle.

The job holder is responsible for the day-to-day processing of corporate events in an efficient, accurate, and timely manner.

What you’ll do:

1. Act as the input agent for operations and ensure all allocated corporate events are processed within required timeframes; all instructions are processed as per deadlines and operational manuals. Deviations must be reported immediately to the Manager, with full adherence to team control functions and end-of-day checklists.
2. Ensure prompt escalation (as per escalation matrix) to the Manager for matters that could present potential financial loss or client service issues.
3. Demonstrate critical and analytical skills, including analyzing information and generating ideas/solutions for decision-making based on available references.
4. Support team members on operational activities to ensure all aspects of team activities are satisfactorily covered.
5. Drive and manage change effectively to achieve business goals, such as process improvements or procedural changes.

What you will need to succeed in the role:

1. Acquire a broad understanding of all Corporate Action processes and market specifications for assigned markets.
2. Possess relevant securities background with at least 12 months of securities experience.
3. Have good interpersonal skills and networking abilities to build relationships at all levels.
4. Experience in securities processing environment; knowledge in Corporate Actions, Trade Settlement, Cash Payments/FXs in Global Custody or Direct Custody is an advantage.

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Your application will include questions such as:

• Which of the following statements best describes your right to work in Malaysia?
• How many years of experience do you have as a Corporate Actions Analyst?

HSBC Bank Malaysia is the largest international bank in Malaysia, with over 54 branches nationwide. Our services include conventional and Islamic banking, covering personal financing and wealth management.

Since 1884, HSBC has pioneered banking in Malaysia, introducing the country’s first ATM and launching the world's first PC-based banking platform, Electronic Touch Banking, and Hexagon.

Perks and benefits include wellbeing amenities, dental and optical allowances, competitive paternity and maternity leave, industry-competitive medical insurance coverage.

Location: Kuala Lumpur City Centre, Kuala Lumpur, MY

6 days ago

Position: Senior Executive, Corporate Planning

Organization: Malaysian Communications and Multimedia Commission