The bank for a changing world



Standard / Permanent



Job function



MO 000227

  • Cross-checking information received with other data sources
  • Reverting to local sub-custodians to clarify/solve any open issue.
  • Analyzing the corporate event in order to anticipate any reporting or processing issues.
  • Setting-up of financial information into the Custody system
  • Collecting and relay any update related to the corporate event on an on-going basis.
  • Processing the securities reconciliation with sub-custodians client positions at the different steps of the event.
  • Checking eligible positions of  accounts within the local sub-custodian
  • Checking that all eligible positions have been instructed at response deadline (for voluntary events only)
  • Consolidating client instructions (for voluntary events only)
  • Advising local market by sending instructions of participation to sub-custodian ((for voluntary events only)
  • Checking that instructions of participation have been duly acknowledged by sub-custodian.
  • Tracking of the payment date of the event in order to advise clients accordingly
  • Processing payment of the event on client’s account upon recovery of cash and/or securities from the local sub-custodian
  • Processing foreign exchange orders according to client’s set up.
  • Processing any manual adjustment related to cash or securities in order to finalize the recovery process
  • Justifying any cash or securities breaks to Control Teams
  • is happening on periodic basis.
  • Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.