Corporate Actions Analyst

Job description

Role Title: Corporate Actions Analyst

Business: Global Markets Operations – Global Banking and Markets

New or Existing Role? Existing

Role Purpose

· The specialist will be working in a team of 3 in London, as well as interacting with the equivalent team of 2 based in Hong Kong.
· These departments are responsible for processing all elements of asset servicing events relating to Prime Services as well as collating, managing and maintaining queries for this business stream across HSS and GBM entities of HSBC.
· The specialist will be responsible for the full front to back processing of Corporate Actions, both mandatory and voluntary with oversight of all income related activity including dividends and cash payments. Ability to handle multiple deadlines throughout the day, processing daily tasks quickly and efficiently is required. A key focus for the team is one of client service - the ability to be able to multi-task, interact with different client bases simultaneously and escalate issues where there is potential for client impact is highly desirable.
· The team are responsible for overseeing all control and reporting aspects of the Asset Services Prime business, as well as being a key contact for escalation. The specialist will also be expected to enact change to existing processes and procedures and have active involvement in various projects as and when they occur.

Key Accountabilities

Impact on the Business

· Provide excellent customer service to our Prime clients
· Ensure the team responds to queries within the agreed time frames
· Look to improve the current processes
· Build and maintain relationships with clients both internal and external

Customers / Stakeholders

· HSBC Global Banking and Markets
· HSS
· External Prime clients
· Various Custodians and Agents
· Internal Clients including members of the trading floor.

Leadership & Teamwork

· Ensure that daily tasks are completed.
· Assist to respond to all queries on time
· Ensure the control framework is maintained
· Look to improve the teams processes and strive to achieve excellence at all times
· Mitigate risk by maintaining and improving current procedures
· To be able to work within a team and lend assistance as needed as workflows increase for other team members

Operational Effectiveness & Control

· Ensure the teams timely instruction of events to agents and clearing systems
· Ensure breaks allocated are narrated within Asset Services, FIM and Sarbanes Oxley guidelines
· Ensure internal account entries are cleared on a daily basis.
· Ensure instructions, notifications and postings are complete and accurate

Major Challenges

· The Corporate Actions process is very manual so attention to detail and accuracy is key. The department can be a busy environment and the candidate must be able to multitask and manage their daily deadlines as well as ensuring all other tasks are covered.
· Corporate Actions involves the whole asset inventory so in addition to a strong knowledge of various corporate action events the candidate should also have a broad understanding of the settlement and other operational processes.

Role Context

· The working environment can be highly pressurized at times which will require a cool head and an ability to think clearly and logically. The candidate will need to work efficiently to prioritize work in order to manage Financial, Operational and Reputational risk.
· The candidate will be expected to be a strong communicator. You will need to liaise with both internal and external clients and escalate issues where required.

Role Dimensions

· The team is responsible for processing Market Corporate Actions for all global markets. Equity Finance activity is the main driver for our business with increasing activity coming from other equity related initiatives. We anticipate further growth in business from increased volumes, balances sheet expansion and new trading strategies

Management of Risk

· The candidate will be required to understand the risks associated with Corporate Actions and contribute to the departments Sarbanes Oxley requirements. They must also ensure that all HSBC FIM requirements are adhered to on a daily basis
· The role will be governed by FSA regulations

Observation of Internal Controls

· Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
· Ensure that FSA rules are adhered to.

Desired profile

Knowledge & Experience / Qualifications

· The candidate would need extensive working knowledge of managing complex and large inventory for corporate action purposes. And it is crucial that the candidate has practical and working knowledge and understanding of both voluntary corporate actions and mandatory corporate actions. Accuracy is of the utmost importance.
· An understanding of the American, Emerging Markets and Fixed Income Corporate Action processes is beneficial.
· The candidate would need experience of the intricacies of processing a corporate action for the stock lending world and OTC trades as well as Exchange trades
· Experienced in dealing with top tier Prime Brokerage clients and able to demonstrate a strong understanding of client service.
· Able to lead and promote change initiatives and projects.



Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the Enhanced Vetting role, on an on going basis. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an ongoing basis.

This role has been designated as a Enhanced Vetting Role.

For more information about the relevant additional checks for this role please contact the hiring manager



We are an equal opportunity employer and are committed to creating a diverse environment.