What are the responsibilities and job description for the Operation Service - Corporate Action & Tax Specialist position at Bank of China?
Introduction :
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview :
The Assistant Vice President performs and supervises Securities settlements operations to ensure all instructions are settled timely and accurately; ensure related reports sent to clients timely and accurately; ensure procedure is being followed and updated to align with current operation workflow practices, adherence with Banks policies, procedures and provide guidance, training and instill the Banks risk governance framework ideology.
Responsibilities :
Corporate Actions Processing :
- Monitor and process corporate actions including dividends, stock splits, mergers, acquisitions, and other related events.
- Ensure accurate and timely updates to client accounts in accordance with corporate action events.
- Reconcile discrepancies between DTC notices and internal records, and resolve any issues promptly.
- Communicate with clients and counterparties regarding corporate action events and ensure client instructions are executed accurately.
Tax Processing :
Equities Settlement via DTC :
Risk Management & Compliance :
Customer Inquires :
Qualifications :
Pay Range
Actual salary is commensurate with candidates relevant years of experience, skillset, education and other qualifications.
USD $65,000.00 - USD $150,000.00 / Yr.
Salary : $65,000 - $150,000
