Asset Services

Embark on a journey with our MCB Securities Services Business Unit which provides a full range of custody services such as Safekeeping, Clearing and Settlement, Income and Corporate Actions Processing, Asset Servicing, amongst others. It provides services to individuals, banks, pension funds, asset managers, and other institutional clients investing in a wide range of financial instruments locally and internationally.

We are on the lookout for:

Job vacancy: Asset Services & Data Support

At MCB, we measure success by more than numbers. The Asset Services & Data Support is accountable for executing assigned operational tasks accurately and on time within asset servicing, client onboarding, client and account documentation maintenance activities and securities data processes ensuring that records, events and documentation are maintained in line with defined procedures, controls and service standards.

In this role you will,

1. Perform routine processing activities across asset servicing, securities data maintenance and portfolio or account updates by following documented procedures to support timely and accurate service delivery.
2. Capture and update data in custody and post trade systems accurately to ensure records remain complete, consistent and fit for downstream processing and reporting.
3. Support portfolio onboarding and account maintenance activities by checking documentation and entering approved information to maintain data integrity and audit trails.
4. Record corporate action events and related information in systems in line with instructions to support correct monitoring and further processing by senior roles.
5. Provides operational support for tax-related processes, including relief at source, handling tax documentation, ensuring compliance and assisting with tax reclaims and reporting.
6. Set up and maintain accurate securities static data and market prices to support valuation, reporting, and corporate action processing.
7. Perform basic verifications and checks prior to processing instructions to reduce the risk of errors or incomplete transactions.
8. Maintain organised and complete records, documentation and evidencing to support traceability, audit requirements and regulatory expectations.
9. Respond to standard operational queries by providing status updates or factual information to support smooth day to day operations.
10. Escalate non standard cases, missing information or potential risks promptly to ensure issues are addressed before deadlines are impacted.
11. Monitor assigned work queues and deadlines to ensure tasks are completed within agreed timeframes and service expectations.
12. Follow risk, control and compliance requirements consistently to support a strong control environment and minimise operational risk.
13. Identify recurring issues or process inefficiencies and flag improvement opportunities to support continuous improvement within the team.
14. Holding self and others accountable to meet commitments;
15. Planning and prioritizing work to meet commitments aligned with organizational goals;
16. Maneuvering comfortably through complex policy, process, and people-related organizational dynamics;
17. Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems;
18. Gaining the confidence and trust of others through honesty, integrity, and authenticity.

To succeed, you will be required to demonstrate the following competencies:

We are looking for candidates who have a minimum of:

EITHER

1. A completed Degree in Finance, Accounting, Banking, Business Management or any other relevant field; and
2. 2 years of relevant working experience in custody, wealth management, investments, financial services or any related field.

OR