Corporate Actions Specialist

First Abu Dhabi Bank

Key Responsibilities

• Monitor, process, and control corporate action events across local, regional, and global markets
• Handle complex corporate action events including mandatory and voluntary events across multiple product types
• Receive market announcements, compare and scrub data, and notify clients of corporate action events
• Reconcile client positions with sub custodians and markets and ensure accurate posting of accruals and entitlements
• Solicit voluntary event responses from clients and submit final instructions to sub custodians or markets before deadlines
• Communicate with clients, counterparties, regulators, sub custodians, issuers, brokers, and agents across various markets
• Support due diligence visits and provide corporate actions process documentation when necessary
• Adhere to all quality control measures and internal procedures
• Provide first-level training to new specialists and assist in handling complex inquiries
• Manage corporate actions for securities lending and borrowing transactions ensuring accuracy and compliance
• Participate in system upgrades, processing enhancements, and after-hours system testing
• Support implementation of new client SLAs, market rules, new products, and regulatory requirements
• Track market best practices and ensure alignment with international standards
• Work with internal departments and external entities on projects aimed at process reengineering and automation
• Support additional services provided by the department including settlement, reporting, invoicing, reconciliation, proxy services, tax reclaims, cash management, and network support

Skills Set

• Corporate actions processing
• Reconciliation and entitlement posting
• Securities operations
• Client and counterparty communication
• Data scrubbing and market announcement handling
• Risk and compliance awareness
• Project participation and process improvement
• SWIFT and settlement knowledge