Corporate Actions Analyst London, England
Job description
Some careers prize diversity more than others.
If you’re looking for a career where you will be respected as an individual and valued for the contributions you make, join HSBC and discover how diversity drives our success. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Commercial Banking serves millions of businesses ranging from small, to large corporates, providing commercial customers with a full range of banking services including Global Trade and Receivables Finance, RMB solutions, multi-currency business accounts, payments and cash management, and wealth management and insurance, as well as a comprehensive range of financing solutions. With dedicated Relationship Managers and Product Specialists providing local support and advice in over 60 countries and territories, HSBC helps connect customers to opportunities.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
Corporate Actions Analyst
The role of the Common Depository and Corporate Actions Analyst is to process any Corporate Actions events that may arise on Issuances for which we are acting as Common Depository, where these Events will be processed within our internal system and the details distributed to the International Central Securities Depositories (ICSDs). This role will also require an oversight of our teams based in India on any events that they have processed, while also providing support on any queries that may arise from the teams. To complete these task, the individual will be responsible for maintenance of our internal trackers and logs, for both the management of ongoing events and the recording of responses from Noteholders and the ICSDs to any events and then providing these result back to the Issuer. While also assisting in the maintenance of ICSDs Relationship through regular operational calls to discuss our Key Performance Indicators (KPIs) and monitor Client requests that may require process or system changes. There will also be the need to provide support to the wider Common Depository Team when and if required, through assisting with the production and storage of Global Notes, in order to ensure that we meet our CASS requirements around the safekeeping of Client Assets
In this role, you will:
- Reviewing of Event Notices and distributing these accordingly to transaction parties including the Clearing Systems.
- Processing of Corporate Actions events including but not limited to Puts, Conversions, Exchanges, Unwinds, Consent Solicitations, Note holder meetings, Events of Default, Credit Events, ELN Redemptions
- Updating and Maintaining Corporate Actions Logs and Trackers, while also monitoring all open events.
- Completion of Daily Reports to evidence completion of tasks and closure of events.
- Compiling and maintaining responsibility for weekly and ad-hoc MI reporting.
- Acknowledge and respond to all client and clearing system queries within the agreed timescales.
- Remain aware and of risk impact in relation to role and ensure compliance to procedures and CASS
- Improve processes and controls through suggestions and awareness of risk impacts
- Support the other members of the team in managing the day to day work for the team.
- Establish and maintain operational relationships with peer group client contacts and London CSMs/TMs to ensure strong and efficient processes and open, honest dialogue.
Qualifications
- Experience with handling and processing of Corporate Actions (mandatory and voluntary) essential.
- Experience of Corporate Trust is preferable
- Experience with Euroclear Bank and Clearstream Banking is preferable.
- Strong communication & client service skills required to build and enhance client relationships.
- Knowledge of SWIFT including MT535, MT536, MT564, MT565 & MT566 messages relating to the securities markets.
- Ability to work accurately and effectively with minimum supervision.
Role Location: Office working based from HQ in London, Canary Square.
You’ll achieve more when you join HSBC.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: [email protected]
Telephone: +44 2078328500.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process
When joining HSBC Commercial Banking, you will become a valued member of our team, we take the time to get to know you and there will be many tailored development opportunities along the way to support your career to grow as much as you want. We can offer you a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity, shared parental and adoption pay, and support when you return to work, and a contributory pension scheme with a generous employer contribution. But this is only the start, we work closely with our colleagues to understand their life balance needs and we support them with several schemes and initiatives. We can’t wait to tell you about our ways of working, wellbeing agenda and our healthiest human system!
