Custody Corporate Actions Specialist - First National Bank

purpose

responsibilities

• Process event announcements on the GSE and Daily Newspapers, into our Custody system to enable the distribution ofcorporate event notifications to clients
• Monitor the Corporate Actions eventsdaily, to identify events requiring processing for the day
• Check and review entitlementcalculations and reconcile to issuer and transfer secretary records
• Resolve unreconciled positions priorto payment date.
• Track funds payable by Issuer toprocess payments to clients
• Process client election instructionsin line with market and internal deadlines
• End to end processing of allpublished Corporate Actions events in the market
• Manage proxy events and process allvoting instructions in accordance with the market deadlines

• Prepare MIS information anddistribute to GPO and in-country management
• Reconcile and fund the Dividendsuspense account daily
• Submit claims to third parties,where required by clients
• Ensure that all fax, email and Swiftelection instructions are loaded on the Custody system
• Print and recapture rejectedmessages into the Custody system
• Ensure that the Swift repair queueis cleared daily
• Verification of all cashinstructions to ensure that funds have been received from the Central Bank ofGhana or registrar as applicable before executing payments
• Identifying all unmatched electioninstructions and resolve all discrepancies prior to market and internaldeadlines
• Reconciliation of all events onrecord date
• Adherence to all Corporate Actionscut-off times and processes
• Support the operations manager toaccomplish the roll out of the agreed strategy
• End-to-end understanding of relevantinternal and external stakeholder requirements
• Ability to express ideas by means ofclear and effective writing, to support professional communication internallywithin the Bank and externally.
• Actively seek to makerecommendations to improve system, processes and procedures to meet clientneeds and to be first to market in terms of launching new products and services
• Establish and maintain CorporateActions processes and underlying operational controls
• Ability to effectively communicatewith all stakeholders
• Ability to resolve client queriesaccurately and timeously.
• Remain cost focused and makesuggestions for improvement to aid in reducing existing operational costs
• Establish and maintain excellentworking relationships within Custody and the greater FNB team.
• Work with the GPO in SA to align theprocessing and controls with those in the RMBSA Custody business, wherepossible

experience and qualifications

• Grade12
• Diploma
• 2 to 5 years’ experience in abanking environment
• 2 to 5 years’ experience inCorporate Actions or similar environment
• Technical Pre-requisite
• Custody, Corporate Actions knowledge,Trade Settlement (advantageous)
• Relevant custody systems knowledge
• Knowledge of the full MS Officesuite