AVP, Issuer Services - 12 Month Contract

Job Description

OB DESCRIPTIONReference: ID 47 Corporate Title: AVPFunctional Title: AVP, Issuer ServicesDepartment and Division:Issuer Services, Markets and Securities, OperationsReporting to:Vice President, Markets and SecuritiesOVERVIEW OF THE DEPARTMENT/SECTIONThe department is split into two teams:Issuer Services cover the Primary market activity as Agent issuing Debt securities and Common Depository managing lifecycle events for Eurobonds, Global Bonds and Euro and Medium Term Note Programmes. Roles include bond issuance, safekeeping, record keepingand lifecycle event management. The team also cover Issued Notes and SPV’s.Corporate Actions and Income Processing cover Secondary market activity which includes the capturing and processing of all Dividends, Coupon Distributions and Corporate Actions on proprietary positions.MAIN PURPOSE OF THE ROLEThis role will sit in the Issuer Services team which is in a pivotal position covering a wide range of key primary market roles such as Agent, WHT Agent, Registrar, Common Depository as well as covering all operational aspects of Note issuance and SPV programmes.The main purpose of the role is to support the Issuer Services team in the processing and reviewing of all new issues and subsequent lifecycle events including Interest Rate calculations, Interest payments, Conversions and Redemptions. The team also work closelywith the Issuance business based in Tokyo who are centre point for the Bank’s Japanese customers.KEY RESPONSIBILITIESThe main roles and responsibilities of the department and this role are:• Common Depository – Administration and Safekeeping of the Global Bonds.o Timely processing of Interest Letters and Payments.o Timely processing of New Issue Closing process.o Producing periodical reporting as required and within agreed timelines.o Vault maintenance.o Compiling evidence when requested by the SI team.• Principal Paying Agent – Ensuring safe settlement of funds.• Calculation Agent – Calculating interest rates for FRN bonds.• Issuing Agent – Liaising with Euroclear and external dealers to set up ISIN’s for new bonds.• Taxation Agent – Ensuing correct amounts are submitted to Tax Office on the Issuers behalf.• Conversion Agent – Instruct the execution of conversions and exchanges to the local CSD’s.• Bond Agency – cross training and assisting with new issue / programme and transaction management for Euro Bond issues whereby the bank has been appointed as Agent up to and including, signing and closing, by liaising with external parties includingthe issuer, lead managers, lawyers, and ICSD’s.WORK EXPERIENCEPreferred:• Minimum 3 years’ experience in an Issuer Services / Bond Agency role or similar.• Experience in handling, analysing, interpreting a wide variety of data and processing accordingly in an accurate and timely manner.SKILLS AND EXPERIENCEFunctional / Technical Competencies:Preferred:• Strong MS Excel skill (experience using Vlookup, Pivot Tables and Graphs);• Computer literacy skills, Microsoft office including MS Outlook;•&nbs