Corporate events got you stressed. We have got you covered. Our client in the banking industry is seeking a Corporate Action Consultant who can receive, source, plan, communicate, process, and validate assigned corporate events. The consultant must ensure that the events are effectively processed, and that clients are informed and enabled to make appropriate elections, as well as receive entitlements for corporate events within prescribed deadlines and regulatory framework.6 month contractDegree/diploma in Finance or related field1-2 years proficient with BANCS or similar Corp Actions processing system 3-4 years' experience in a Corporate Actions environment and proficient financial market knowledgeExperience managing a small team or projectsCalculate and apply withholding tax for non-exempt clients for assigned eventsTrack and action tax status changes to client accountsMonitor and action tax reclaimsCoordinate the work of team members and provide on-the-job technical guidance and coaching to optimize resources and performance in the achievement of defined goalsOperational excellence monitor, manage and escalate operational incidents and issues, collaborating with internal stakeholders to resolve Use root cause analysis to recommend corrective measures to maintain efficient operations, provide a high-quality service and mitigate operational riskCollaborate the manager to identify, manage and control areas of riskCommunicate, enforce and provide input to procedure, process, policy and risk documents to ensure proper controls are in place to mitigate risk and optimize regulatory compliancePlan, create and validate the assigned corporate event, review and validate plans Enrich communication to provide greater clarity, get sign off where required, and notify clients and internal stakeholders (e.g. Desks, Settlements and Custody Teams) via appropriate channels to keep them informed of upcoming events and enable them to make informed electionsPost-publication market engagement access additional information from stakeholders, if not immediately available, to enable accurate and consistent communication and responses to client queriesPrepare payment instructions to facilitate payments that are timeous and automated and reconcile proceeds received against payments to ensure suspense account balances back to zeroPre-publication market engagements, on request assist with research and provide inputs to Manager to inform event communication and processing strategies prior to publicationProduct support and enablement provide inputs to cross-functional work groups regarding Corporate Actions considerations and requirements to ensure the effective operation of new product development and smooth activationsReconcile instructions, eligibility, and entitlements and rectify exceptions ensure that holdings cash and stockReporting and management information contribute to reporting and other management information by reviewing, validating, analyzing and collating data to track performance and provide insights to process and systems optimizationStakeholder engagement establish relationships with internal stakeholders across CIB
