Senior Executive/Manager, Custodial Services/Corporate Actions

Alliance Bank; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

A financial institution in Kuala Lumpur is seeking a Senior Executive/Manager for Custodial Services and Corporate Actions. The ideal candidate will have at least 3 years of experience in nominees services related to corporate actions and in-depth knowledge of Bursa guidelines. Responsibilities include checking corporate entitlements, ensuring accurate processing of actions, timely communication with customers and Exempt dealers, and maintaining compliance reports. Strong organizational and communication skills are essential for this role.

Qualifications

• At least 3 years’ experience in providing nominees services for corporate action.
• In-depth knowledge in Bursa guidelines and procedures for processing of corporate action exercises.

Responsibilities

• Check & monitor all corporate entitlements via Bursa website.
• Ensure corporate action exercises shares are deposited/withdrawn accurately.
• Inform customers of corporate entitlements via letters and emails.
• Notify Exempt dealers timely on corporate entitlements via emails.
• Process customers' instructions on corporate entitlements timely.
• Process all dividend payments within 2 working days.
• Lodge completed proxy forms with share registrar on time.
• Monthly reconciliation of corporate action instructions.
• Submit GL reconciliation monthly.
• Update KRI Report quarterly.
• Submit Annual Compliance Certificate to Compliance dept.
• Report operational losses to Compliance dept quarterly.

Skills

Good organizational skills

Ability to communicate at all levels

Ability to work calmly and efficiently under pressure

Team player

Able to work independently

Job description

Senior Executive/Manager, Custodial Services/Corporate Actions

13d ago , from Alliance Bank Malaysia Berhad

• Checking & Monitoring of all corporate entitlements via Bursa website.
• Ensuring customers Corporate Action exercises shares are deposited/withdrawn accurately as per CDS balance confirmation report per date stipulated by BURSA.
• Ensuring customers are duly informed on corporate entitlements via letters and emails to Exempt Dealers
• Ensure Exempt dealers are notified timely on corporate entitlements via emails.
• Ensuring customers’ instructions on corporate entitlements are processed and submitted to share registrar/registered office before last date of acceptance.
• Ensure all dividend payments are processed within 2 working days and original dividend tax vouchers are sent to customers.
• Ensuring all local & FST dividend payments are processed within 2 working days upon receipt from share registrars/ counter-parties.
• Ensuring duly completed proxy forms are lodged with share registrar/ registered office timely

Reporting

• Monthly reconciliation of Rotation Numbering Report for corporate action instructions with branches.
• Monthly Submission of GL Reconciliation.
• Quarterly updating of KRI (Key Risk Indicators) Report.
• Submission of Annual Compliance Certificate to Compliance dept.
• Quarterly Write Off Reporting on Operational Losses to Compliance dept.

Requirements:

• At least 3 years’ experience in providing nominees services for corporate action.
• In-depth knowledge in Bursa guidelines and procedures for processing of corporate action exercises
• Good organizational skills, who can communicate at all levels and work calmly and efficiently under pressure to tight deadlines
• Team player and able to work independently

Be careful - Don’t provide your bank or credit card details when applying for jobs. Don't transfer any money or complete suspicious online surveys. If you see something suspicious, report this job ad .