Checker Trading Operations

Cari; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

Cari in Kuala Lumpur is seeking a Corporate Actions professional to manage day-to-day custody events for institutional and retail clients, ensuring accurate and timely processing of events such as dividends, rights issues, and mergers.

You will develop deep knowledge of corporate actions lifecycle, participate in training through the Corporate Actions academy, and contribute to service quality and risk controls while supporting a high-performance team.

Qualifications

• Post-graduate diploma or degree in any discipline.
• Strong leadership skills with track record of delivering objectives and developing individuals.
• Possess Securities background with at least 3 years' experience in Corporate Actions.
• Fluent English in business communication and reporting.
• Ability to learn quickly, analyze quantitative data, and drive process improvements.
• Experience leading strategic projects and managing cross-functional teams.
• Excellent attention to detail and ability to manage multiple priorities.
• Initiate cost control measures and optimise resource efficiency.

Responsibilities

• Lead to be customer driven by implementing controls and monitoring service quality.
• Resolve problems proactively to maximise customer satisfaction and escalate when needed.
• Review contingency requirements and implement risk-mitigating plans.
• Plan cross-training considering global contingency requirements and operational needs.
• Maintain tight control on operational losses and potential fraud via internal audits.
• Set productivity and quality targets to optimise resources and meet SLAs.
• Escalate to Assistant Manager/Manager for matters with potential financial loss or service concerns.
• Maintain satisfactory audit/regulatory/risk ratings aligned with policies.
• Demonstrate analytical skills for decision making using available references.
• Review procedures periodically to deliver efficiency and best practices.
• Provide coaching and support to team members on operational activities.
• Adapt to changes and support management decisions.
• Drive and manage change to achieve business goals.
• Share best practices across sections to ensure multi-skilling.
• Understand MI requirements and report to the Global Reporting team.

Skills

Leadership

Analytical skills

Attention to detail

Communication

Time management

Education

Post-graduate diploma or degree

Tools

GHSS systems

AWD systems

SME systems

GMG systems

Job description

Why join us?

Direct Custody and Clearing Corporate Actions is an asset servicing function mainly providing services to institutional clients and retail clients in a domestic market. As a direct custodian, team is responsible in efficient and timely broadcast of corporate events to clients, processing of instructions, computing entitlements and processing corporate event payment. Common corporate event processed includes but not limited to cash dividend, bonus shares, rights issues, proxy meeting, take over, merger, interest, redemption and conversion to name a few. Each event has its unique handling which makes it interesting to learn. If you are up for a challenge, looking for an exciting career, have the passion to learn, then come join us!

The Opportunity:

• Opportunity to learn and understand the types of corporate events and its life cycle in various market
• Enrolment into Corporate Actions academy which offers comprehensive product training and knowledge testing
• Job holder is responsible for day to day management of corporate events in an efficient, accurate and timely manner

What you’ll do:

• Set an example in ‘Leading to be Customer driven’ by implementing effective control mechanisms and monitoring ‘Service Quality’ of the section to ensure high Customer Service Standards
• Problem situations are proactively identified and resolved to give maximum customer satisfaction and escalated where necessary. Appropriate measures are taken to improve quality and prevent recurrence deadlines
• Review Contingency requirements on a periodic basis and invoke relevant business recovery measures as necessary. Carry out effective Operational Risk Assessment by monitoring and implementing risk mitigating plans.
• Plan for effective cross training taking into account the Global Contingency requirements, Staff Banding progression and Operational requirements and striking a balance among them
• To have a tight control on Operational losses, potential frauds through strong internal audit and staff feedback mechanism
• Process productivity and quality targets are set, monitored and achieved to ensure optimum resource utilisation and achievement of business objectives and customer SLA’s.
• To ensure prompt escalation (as per escalation matrix) to the Assistant Manager / Manager for all matters which may present a potential financial loss or client service concern
• Accountable for maintaining satisfactory audit/regulatory/risk ratings and be consistent with Group and Company policies and standards requirements at all time (inclusive of involvement during the reviews as scheduled by the business).
• To demonstrate critical and analytical skills that include the ability to analyse information and generating ideas/solution for decision making based on available references.
• Conduct periodic reviews on existing procedures with a focus on delivering efficiency and identification of best practices
• Provide coaching and support to team members on operational activities to ensure all aspects of team activities are satisfactorily covered
• Demonstrate the ability to adapt to changes and supports the Management’s decision
• Action oriented: Drives a supportive team environment driven by people centric values.
• Change Management: Effectively drive and manage change to achieve business goals. (e.g.: process improvements/ changes in procedures)
• Effective communication with peers in terms of best practice sharing to ensure that optimum use of resource is made across the sections and that a robust cross training plan is in place to multi skill operation teams
• Understand MI requirements and demonstrate the ability to produce, analyse and interpret MI to the Global Reporting team and/or the team members

What you will need to succeed in the role:

• A post-graduate diploma or degree in any discipline. Higher qualification not a bar provided aspirations commensurate with the position
• Strong leadership skills evidenced by achievement of objectives together with a track record of development of individuals, strong organisational and planning skills along with ability to handle capacity and MI reporting
• Possess relevant Securities background and knowledge - at least 3 years of Securities experience with exposure to Corporate Actions
• Ability to speak and understand English fluently, writes business emails and reports, as well as has good conversational skills
• Ability to learn quickly, transfers knowledge appropriately, understand and interpret numeric data. Evidence of good analytical, statistical and data mining skills to study trends and make projections. Production management skills and ability to initiate process improvements is essential
• Exposure in leading, handling and executing strategic and tactical projects
• Excellent attention to detail
• Initiate cost control measures by achieving resource efficiency and managing overheads
• Able to prioritise workloads to meet tight deadlines and think correctly under pressure
• For internal application, staff must have completed at least 18 months in their current role.

What additional skills will be good to have?

• Possess broad understanding of Corporate Action processes and market various specifications
• Experience in both Direct Custody and Global Custody will be added advantage
• Good interpersonal skills with ability to network and connect with all levels
• Exposure to different types of Corporate Events in various markets
• GHSS, AWD, SME and GMG systems experience and knowledge is an added advantage
• Ability to read, write, understand Mandarin and Cantonese fluently is an added advantage