Corporate Action Specialist 100% - (Contract through our external payroll partner with immediate start for 12 months with possible extension)

Julius Baer; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Julius Baer in Singapore seeks an experienced Corporate Actions professional to manage mandatory and voluntary events across global markets, including Singapore and Hong Kong booking centres. You will ensure accuracy and compliance with internal guidelines while coordinating with custodians, sub-custodians, agents and brokers.

The role requires 3+ years in banking, strong knowledge of Corporate Actions and Tax, and familiarity with SWIFT MT56x/54x.

Qualifications

• Diploma/Degree and minimum of 3+ years of relevant experience in banking or related discipline.
• Strong technical knowledge on Corporate Action & Tax
• Candidate with relevant experience in Corporate Actions and Settlements SWIFT messages (MT56x/54x) knowledge will be an advantage
• Knowledge of handling US restricted securities, tax related reporting/reclaim would be an advantage
• Knowledge of handling Bond Restructuring, filling of claim for defaulted instruments would be an advantage

Responsibilities

• Processing of Mandatory and Voluntary Corporate Action events spanning global markets and all products covering Singapore and Hong Kong booking centres
• Ensure daily activities are conducted professionally and accurately while ensuring that internal guidelines and policies are followed
• Coordinates with internal departments and external sub custodians, custodians, agents & brokers to ensure daily work meets organizational standards
• Monitor the queries received and provide responses or holding replies within a reasonable timeframe.
• Review daily inward/outward swift messages pertaining to Corporate Actions
• Processing & Reconciling positions and subsequently the entitlements due from Corporate Actions related transaction
• Monitor confirmation of entitlement and ensure entries posted on accurate and timely basis
• Perform daily review on reconciliation breaks for all activity with timely follow up and resolution
• Perform review on daily reconciliation before market deadlines in order to mitigate any possible operation risk of missing/incomplete processing of voluntary events resulting to possible operation loss
• Participate in User-Acceptance-Testing when required

Skills

Corporate Actions

Tax knowledge

Regulatory compliance

Communication skills

Education

Diploma/Degree

Tools

SWIFT MT56x/54x

Job description

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let's shape the future of wealth management together.

YOUR CHALLENGE

General Description

• Processing of Mandatory and Voluntary Corporate Action events spanning global markets and all products covering Singapore and Hong Kong booking centres
• Ensure daily activities are conducted professionally and accurately while ensuring that internal guidelines and policies are followed

Client Management (internal & external)

• Coordinates with internal departments and external sub custodians, custodians, agents & brokers to ensure that daily work meets organizational standards
• Monitor the queries received and provide responses or holding replies within a reasonable timeframe.

Business Management

• Review daily inward/outward swift messages pertaining to Corporate Actions
• Processing & Reconciling positions and subsequently the entitlements due from Corporate Actions related transaction
• Monitor confirmation of entitlement and ensure entries posted on accurate and timely basis
• Perform daily review on reconciliation breaks for all activity with timely follow up and resolution
• Perform review on daily reconciliation before market deadlines in order to mitigate any possible operation risk of missing/incomplete processing of voluntary events resulting to possible operation loss
• Participate in User-Acceptance-Testing when required

Regulatory Responsibilities &/OR Risk Management

• Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations.
• Work with the relevant teams in fulfilment of regulatory requirements.

YOUR PROFILE

• Diploma/Degree and minimum of 3+ years of relevant experience in banking or related discipline.
• Strong technical knowledge on Corporate Action & Tax
• Candidate with relevant experience in Corporate Actions and Settlements SWIFT messages (MT56x/54x) knowledge will be an advantage
• Knowledge of handling US restricted securities, tax related reporting/reclaim would be an advantage
• Knowledge of handling Bond Restructuring, filling of claim for defaulted instruments would be an advantage