Domestic Custody Settlements Operations

Key Responsibilities

• Manage and oversee the complete corporate action lifecycle, handling mandatory, voluntary, and elective events across various markets.
• Review, verify, and refine corporate action information from vendors and local market sub-custodians, ensuring precise notifications are sent to clients.
• Handle the processing of both domestic and international income events, including cash dividends, capital gains, return of capital, and principal and interest payments.
• Provide notification services for all types of income events by refining data from central depositories, third-party vendors, and sub-custodians.
• Execute settlements for domestic and international purchases, sales, and free transactions performed by Global Custody clients.
• Process global cash transactions initiated by clients and the Foreign Exchange Department.
• Conduct research on transaction failures and unmatched trades to ensure accurate reporting.
• Possess experience in maintaining and repairing SWIFT trade and cash transactions.
• Perform and verify the reconciliation of both global and domestic securities and cash.
• Investigate and resolve discrepancies in cash and securities reconciliations from Global and Domestic Custody Departments.
• Maintain the bank's security master databases, including pricing, security identifiers, and processing classifications.
• Set up and maintain customer accounts, portfolios, locations/registrations, brokers, and FX rates for systems supporting Global Custody and Securities Lending.

Requirements

• Preferred Bachelor's degree in business or economics.
• 1+ year(s) of experience in global custody services operations is preferred.
• Basic understanding of finance and mathematics.
• Proficiency in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint.
• Strong oral and written communication skills.