Operations Service Manager

3 days ago


New York, New York, United States Bank of China Limited, New York Branch Full time
Job Title: Operations Service Manager

Join Bank of China Limited, New York Branch as an Operations Service Manager and take on a challenging role that requires strong organizational and communication skills. As a key member of our operations team, you will be responsible for ensuring the smooth execution of securities settlements, corporate actions, and tax processing.

Key Responsibilities:
  • Corporate Actions Processing: Monitor and process corporate actions, including dividends, stock splits, mergers, and acquisitions, to ensure accurate and timely updates to client accounts.
  • Tax Processing: Manage the processing of tax-related events, including tax withholding, reclaims, and reporting, to ensure compliance with tax regulations and withholding requirements.
  • Equities Settlement: Oversee the settlement of equity trades through DTC, ensuring timely and accurate processing, and reconcile settlement activity to ensure proper posting to client accounts.
  • Risk Management & Compliance: Follow departmental procedures and report to superiors for any unusual transactions, and attend mandatory trainings on risk management and compliance.
  • Customer Inquires: Provide assistance on investigations concerning settlements with customers and other custodian banks, and perform other duties as assigned by Head Office.
Requirements:
  • Bachelor's degree in business, accounting, finance, or economics.
  • 5 years of working experience in corporate actions, tax processing, or equities settlement.
  • Strong experience in MS Excel, Word, PowerPoint, and Outlook.

Pay Range: Actual salary is commensurate with candidate's relevant years of experience, skillset, education, and other qualifications. USD $65,000 - USD $150,000 per year.



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