Corporate Actions Specialist

First Abu Dhabi Bank

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