AVP/VP - Corporate Actions - Investment bank

Looking for candidates having experience into Corporate Actions

- You will be responsible for transitioning of any new process within Asset Services area from formulating strategy, hiring people, working with onshore to get the training requirements in place and will play as SPOC to accomplish the smooth transitioning, other responsibilities include cross-training, succession planning, preparation of Management reports and Departmental initiatives, and working with the different departments and UK to ensure timely and accurate processing of all activities daily within the given timelines

- Staff Management

- Effectively manage a team size of 20 - 25 individuals (2-5 direct reports)

- Staff development through strong engagement and Training Need Analysis

- Staff performance appraisals on regular basis

- Engage staff in Asset Services Initiatives

- Facilitate change initiatives within the team

- Ensure planned mobility is provided to staff

- Manage attrition as per standards

- Responsible for conducting weekly staff meetings and monthly one on one session with the team

- Ensure team morale and motivation is high through team building and regular interaction

- Effective Delegation to direct reports

- Ensure team work culture is practiced

- Responsible for recruitment & process transitions from onshore locations & other centers

- Process Management

- Building a strong mechanism to take care of volume peaks during peak Corporate Action season

- Identifying operational risks actively and mitigating appropriately.

- Serve as Internal/external escalation point

- Ensure adequate back-ups are created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc)

- Work very closely with the process owners/business partners and other internal clients for overall growth of the bank's business

- Acting as a central point of contact for all the process related issues / improvements etc.

- Building a strong mechanism to take care of volume peaks during peak season