Asset Servicing and Tax Support Processor

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If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

We are currently seeking an experienced professional to join the Direct Custody and Clearing, Securities Services Operations team.

Job Introduction

• Processing of Corporate action (CA) related transactions and processes like Dividend payments, e-voting’s, announcements, and other CA payments for Foreign Institutions as well as Domestic clients.
• Maintain and enhance relationship with external parties, companies, registrars, market participants, vendors and other units within DCC.
• Adhering to Service Level Agreements and Operational Memorandum committed to clients, external parties and internal units.
• Timely escalation of situations wherein the normal process steps might need to be diverted from.
• Accurate checking / authorization of various Corporate action related transaction processing announcements including date received from exchanges, vendors, as well as client instructions for completeness, based on set processes and market practices. Due attention should be paid to accuracy / timeliness of completion of process / transaction within the client TATs agreed in the SLAs and ensure no client complaints.
• Back-up for other officers in the section by learning other officer’s desk jobs to ensure rotation is in place and to ensure continuous movement of process.
• Contribute towards improvement of productivity of self and team.
• Maintaining a good relationship with internal customers like Client Service team, other units within DCC and bank.Ensuring internal deadlines are met to meet the overall objective of ensuring excellent service to clients.
• Maintaining HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring

Principal Responsibilities

The role is of an officer that entails the checker /core corporate actions processing functions on the various internal systems used by the bank in supporting Foreign and Local Institutional clients investing in Indian Capital Markets