Job Description: The HSBC Asset Services Department is responsible for the processing of dividends and mandatory/voluntary corporate actions related to equity products through the lifecycle of the corporate event. The NY team supports the US markets primarily, with some Canadian and occasionally some global markets. Job Responsibilities: Act as liaison with internal/external business partners Review cash/stock record reconciliations, ensuring timely and appropriate resolution on breaks Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations. Each employee must ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Requires extensive US market knowledge of dividends, and strong understanding of US corporate action events - including, mandatory and voluntary events such as tenders, merger elections, conversions, rights and warrants subscriptions, tenders, spin-offs, and splits Processing knowledge in an ADP environment and understanding of complex stock record positions is a must Knowledge of DTC processing, CA Web and SmartTrack, Postedge Ability to create wire payments in Swift message format types MT202, MT103, MT599 Provide support and guidance to all internal tax related areas with respect to tax related queries. Each employee must promote an environment that supports diversity and reflects the HSBC brand. Job Requirements: Must have strong overall knowledge of US Domestic Equity markets, with knowledge of foreign dividends – mainly Canada and Europe. Minimum of 3 years experience in processing Dividends, and 1 year of corporate actions Computer literacy, intermediate knowledge of MS Excel a must. Working knowledge of MS Outlook and Word. Must be detailed oriented, good problem solver, should have good communication skills Job Details: Company: HSBC Vacancy Type: Full Time Job Location: Jersey City, NJ, US Application Deadline: N/A Apply Here vacancyoptions.com
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