Specialist - Corporate Actions
Posted date [2026-07-08]
(ID: 47719)
 |
As the largest bank in the UAE, FAB has taken decisive steps as a regional pacesetter in the financial industry to bind both ambition and action together to accelerate the pace of positive environmental change. As the first bank in the MENA region to have committed to a target of net-zero emissions by 2050, we're making advances across our own operations in addition to walking alongside our clients as their strategic partner to ensure they can achieve their climate goals.... |
Job Description and Requirements
Specialist - Corporate ActionsJob Snapshot
Role: Specialist - Corporate Actions
Location: Abu Dhabi, United Arab Emirates
Industry: Banking
Function: Accounting-Finance
Experience: Minimum 5 years in securities services or back-office operations
Job Type: Full-time
Position Overview
Specialist - Corporate Actions in Abu Dhabi, United Arab Emirates is a Banking opportunity focused on corporate actions processing, asset services, custody operations, securities settlement support, SWIFT validation, reconciliation, tax reclaims, proxy services, income management, and client service delivery across domestic, regional, and international markets. The role supports First Abu Dhabi Bank (FAB) by ensuring mandatory and voluntary corporate action events are monitored, validated, communicated, processed, reconciled, and controlled in line with market rules, client deadlines, regulatory requirements, and international service standards.
Job Details
Country: United Arab Emirates
City: Abu Dhabi
Industry: Banking
Function: Accounting-Finance
Salary: 18000-28000
Estimated salary range based on similar jobs in the job city; please confirm
the final offer with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Specialist - Corporate Actions will manage complex corporate action events across local, regional, and international markets for products such as equities, mutual funds, fixed income, hedge funds, structured funds, and ETFs. This role is responsible for event announcement monitoring, data scrubbing, client notification, voluntary election handling, entitlement posting, position reconciliation, SWIFT validation, and issue escalation. The position helps protect clients and the bank from financial, operational, and reputational risk by ensuring accurate processing, timely execution, and strong control adherence across the corporate actions lifecycle.
Key Responsibilities
* Monitor and process daily corporate action activities across domestic, regional, and international markets.
* Handle mandatory and voluntary corporate action events for equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, and related securities products.
* Receive, review, and validate market and sub-custodian announcements for accuracy, completeness, and market relevance.
* Scrub and compare corporate action data using reliable sources such as Bloomberg, Reuters, sub-custodians, local market websites, newspapers, issuers, and market announcements.
* Notify clients of corporate action events in a clear, timely, and accurate manner.
* Solicit and receive client responses for voluntary events and submit instructions to sub-custodians, markets, agents, or processing banks before applicable deadlines.
* Reconcile client positions with sub-custodians and market records to confirm accurate entitlement calculations.
* Monitor posting of accruals, entitlements, income, tax reclaims, and corporate action proceeds to client accounts.
* Track and respond to internal and external client queries by providing accurate corporate actions information based on market rules and best practice.
* Communicate with clients, counterparties, markets, sub-custodians, regulators, companies, brokers, depositories, issuers, paying agents, and internal stakeholders.
* Support due diligence visits and provide corporate action process information where required.
* Apply quality control procedures, standard operating instructions, and internal controls throughout the corporate actions process.
* Provide first-level training to new specialists and support colleagues in resolving corporate action inquiries.
* Support asset services activities including corporate actions, tax reclaims, proxy services, income management, network management support, and reconciliation.
* Review and validate cash and FX settlement transactions entered by officers or other specialists and escalate mismatches to the AVP.
* Confirm settlement completion and ensure appropriate accounting entries are executed on settlement date.
* Validate SWIFT instructions entered by officers or other specialists before AVP authorization.
* Perform second-level SWIFT generation checks and ensure correct use of corporate action and settlement-related SWIFT messages.
* Review client positions and holdings daily and reconcile them with sub-custodians and markets.
* Monitor client cash positions to identify funding gaps, overdraft risks, or insufficient balances and escalate concerns to the AVP and Middle Office.
* Perform second-level reconciliation checks and escalate unresolved discrepancies promptly.
* Monitor KPIs, KRIs, capacity planning, incidents, control adherence, and processing quality within the section.
* Participate in section-related projects including system upgrades, processing enhancements, off-hours testing, new client requirements, and new product functions.
* Support implementation of client SLAs, service level definitions, sub-custodian SLAs, new functions, product changes, market rules, regulations, and procedures.
* Review processes and recommend improvements to enhance client satisfaction, reduce manual activity, improve productivity, and lower operational cost.
* Track custodian offerings and international best practices to support service improvements and changing client requirements.
* Follow departmental policies, processes, standard operating procedures, compliance requirements, audit expectations, and organizational values at all times.
Ideal Profile
* University graduate or bachelor’s degree in Finance, Banking, Business, Accounting, Economics, or a related discipline.
* Candidates with at least 5 years of directly related work experience may also be considered.
* Minimum 5 years of experience in securities services, back-office operations, corporate actions, securities settlement, custody operations, or related asset services functions.
* Solid understanding of securities services operations and accounting activities linked to corporate actions, settlement, income, tax reclaims, reconciliation, and custody activity.
* Practical experience managing corporate action events across local, regional, and international markets.
* Good knowledge of mandatory events, voluntary events, client elections, market deadlines, entitlement processing, accruals, and custody system validation.
* Experience with securities-related functions such as client services, corporate actions, settlement, data maintenance, billing, or custody account opening is an advantage.
* Strong understanding of SWIFT messages, corporate action announcements, market communication, sub-custodian coordination, and reconciliation controls.
* Ability to work under pressure, prioritize several tasks at the same time, and meet strict client and market deadlines.
* Strong execution skills with the ability to follow up effectively in a high-volume operational environment.
* Ability to achieve business objectives without compromising controls, compliance requirements, or risk parameters.
* High level of accuracy, attention to detail, and ownership when reviewing transactions, instructions, client positions, and system entries.
* Team-oriented approach with the ability to train colleagues, support inquiries, and coordinate across internal and external stakeholders.
* Self-starter with a positive attitude, clear communication style, and strong interpersonal skills.
* Comfortable challenging issues professionally while maintaining strong working relationships.
Skills Set
* Corporate actions processing
* Mandatory corporate actions
* Voluntary corporate actions
* Asset services
* Securities services
* Custody operations
* Back-office operations
* Domestic market processing
* Regional market processing
* International market processing
* Equities corporate actions
* Mutual funds processing
* Fixed income processing
* Hedge fund processing
* Structured funds
* ETF processing
* Securities lending and borrowing
* Client short selling support
* Tax reclaims
* Proxy services
* Income management
* Entitlement posting
* Accrual monitoring
* Position reconciliation
* Cash reconciliation
* FX settlement validation
* SWIFT validation
* SWIFT message processing
* Client notification
* Client election handling
* Sub-custodian coordination
* Broker coordination
* Market announcement monitoring
* Bloomberg
* Reuters
* Custody systems
* SLA implementation
* KPI monitoring
* KRI monitoring
* Capacity planning
* Incident escalation
* Audit compliance
* Operational risk control
* System upgrade testing
* Process improvement
Why Join Us
This opportunity is ideal for a securities services professional who wants to strengthen expertise in corporate actions and asset services within Abu Dhabi’s Banking sector. The role offers exposure to domestic, regional, and international market events, complex custody operations, SWIFT validation, tax reclaims, proxy services, reconciliation controls, client service delivery, and process enhancement projects. It is a strong fit for someone who values precision, deadlines, operational control, and high-quality client support in a fast-growing securities services environment.
About the Company
First Abu Dhabi Bank (FAB) is one of the UAE’s leading banking groups, providing retail banking, corporate banking, investment banking, global markets, asset management, securities services, and institutional financial solutions. In Abu Dhabi, FAB supports clients through strong operational platforms, regulated market expertise, disciplined control standards, and financial services designed to support secure and efficient transaction processing across regional and international markets.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Specialist - Corporate Actions will manage complex corporate action events across local, regional, and international markets for products such as equities, mutual funds, fixed income, hedge funds, structured funds, and ETFs. This role is responsible for event announcement monitoring, data scrubbing, client notification, voluntary election handling, entitlement posting, position reconciliation, SWIFT validation, and issue escalation. The position helps protect clients and the bank from financial, operational, and reputational risk by ensuring accurate processing, timely execution, and strong control adherence across the corporate actions lifecycle.
Key Responsibilities
* Monitor and process daily corporate action activities across domestic, regional, and international markets.
* Handle mandatory and voluntary corporate action events for equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, and related securities products.
* Receive, review, and validate market and sub-custodian announcements for accuracy, completeness, and market relevance.
* Scrub and compare corporate action data using reliable sources such as Bloomberg, Reuters, sub-custodians, local market websites, newspapers, issuers, and market announcements.
* Notify clients of corporate action events in a clear, timely, and accurate manner.
* Solicit and receive client responses for voluntary events and submit instructions to sub-custodians, markets, agents, or processing banks before applicable deadlines.
* Reconcile client positions with sub-custodians and market records to confirm accurate entitlement calculations.
* Monitor posting of accruals, entitlements, income, tax reclaims, and corporate action proceeds to client accounts.
* Track and respond to internal and external client queries by providing accurate corporate actions information based on market rules and best practice.
* Communicate with clients, counterparties, markets, sub-custodians, regulators, companies, brokers, depositories, issuers, paying agents, and internal stakeholders.
* Support due diligence visits and provide corporate action process information where required.
* Apply quality control procedures, standard operating instructions, and internal controls throughout the corporate actions process.
* Provide first-level training to new specialists and support colleagues in resolving corporate action inquiries.
* Support asset services activities including corporate actions, tax reclaims, proxy services, income management, network management support, and reconciliation.
* Review and validate cash and FX settlement transactions entered by officers or other specialists and escalate mismatches to the AVP.
* Confirm settlement completion and ensure appropriate accounting entries are executed on settlement date.
* Validate SWIFT instructions entered by officers or other specialists before AVP authorization.
* Perform second-level SWIFT generation checks and ensure correct use of corporate action and settlement-related SWIFT messages.
* Review client positions and holdings daily and reconcile them with sub-custodians and markets.
* Monitor client cash positions to identify funding gaps, overdraft risks, or insufficient balances and escalate concerns to the AVP and Middle Office.
* Perform second-level reconciliation checks and escalate unresolved discrepancies promptly.
* Monitor KPIs, KRIs, capacity planning, incidents, control adherence, and processing quality within the section.
* Participate in section-related projects including system upgrades, processing enhancements, off-hours testing, new client requirements, and new product functions.
* Support implementation of client SLAs, service level definitions, sub-custodian SLAs, new functions, product changes, market rules, regulations, and procedures.
* Review processes and recommend improvements to enhance client satisfaction, reduce manual activity, improve productivity, and lower operational cost.
* Track custodian offerings and international best practices to support service improvements and changing client requirements.
* Follow departmental policies, processes, standard operating procedures, compliance requirements, audit expectations, and organizational values at all times.
Ideal Profile
* University graduate or bachelor’s degree in Finance, Banking, Business, Accounting, Economics, or a related discipline.
* Candidates with at least 5 years of directly related work experience may also be considered.
* Minimum 5 years of experience in securities services, back-office operations, corporate actions, securities settlement, custody operations, or related asset services functions.
* Solid understanding of securities services operations and accounting activities linked to corporate actions, settlement, income, tax reclaims, reconciliation, and custody activity.
* Practical experience managing corporate action events across local, regional, and international markets.
* Good knowledge of mandatory events, voluntary events, client elections, market deadlines, entitlement processing, accruals, and custody system validation.
* Experience with securities-related functions such as client services, corporate actions, settlement, data maintenance, billing, or custody account opening is an advantage.
* Strong understanding of SWIFT messages, corporate action announcements, market communication, sub-custodian coordination, and reconciliation controls.
* Ability to work under pressure, prioritize several tasks at the same time, and meet strict client and market deadlines.
* Strong execution skills with the ability to follow up effectively in a high-volume operational environment.
* Ability to achieve business objectives without compromising controls, compliance requirements, or risk parameters.
* High level of accuracy, attention to detail, and ownership when reviewing transactions, instructions, client positions, and system entries.
* Team-oriented approach with the ability to train colleagues, support inquiries, and coordinate across internal and external stakeholders.
* Self-starter with a positive attitude, clear communication style, and strong interpersonal skills.
* Comfortable challenging issues professionally while maintaining strong working relationships.
Skills Set
* Corporate actions processing
* Mandatory corporate actions
* Voluntary corporate actions
* Asset services
* Securities services
* Custody operations
* Back-office operations
* Domestic market processing
* Regional market processing
* International market processing
* Equities corporate actions
* Mutual funds processing
* Fixed income processing
* Hedge fund processing
* Structured funds
* ETF processing
* Securities lending and borrowing
* Client short selling support
* Tax reclaims
* Proxy services
* Income management
* Entitlement posting
* Accrual monitoring
* Position reconciliation
* Cash reconciliation
* FX settlement validation
* SWIFT validation
* SWIFT message processing
* Client notification
* Client election handling
* Sub-custodian coordination
* Broker coordination
* Market announcement monitoring
* Bloomberg
* Reuters
* Custody systems
* SLA implementation
* KPI monitoring
* KRI monitoring
* Capacity planning
* Incident escalation
* Audit compliance
* Operational risk control
* System upgrade testing
* Process improvement
Why Join Us
This opportunity is ideal for a securities services professional who wants to strengthen expertise in corporate actions and asset services within Abu Dhabi’s Banking sector. The role offers exposure to domestic, regional, and international market events, complex custody operations, SWIFT validation, tax reclaims, proxy services, reconciliation controls, client service delivery, and process enhancement projects. It is a strong fit for someone who values precision, deadlines, operational control, and high-quality client support in a fast-growing securities services environment.
About the Company
First Abu Dhabi Bank (FAB) is one of the UAE’s leading banking groups, providing retail banking, corporate banking, investment banking, global markets, asset management, securities services, and institutional financial solutions. In Abu Dhabi, FAB supports clients through strong operational platforms, regulated market expertise, disciplined control standards, and financial services designed to support secure and efficient transaction processing across regional and international markets.
