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Operations agents
Enterprise OperationsOperationsCustody & Asset Servicing

Election & Proxy Agent

Captures client elections on voluntary events and processes proxy voting.

Handles the client-facing edge of asset servicing: notifies holders of voluntary events and proxy meetings, captures and validates their instructions, applies the default for non-responders, and lodges votes with the agent. Tracks the deadline so no entitlement is lost to silence.

Authority

Act within policy

Team role

Completes a defined task

Handoffs

Named collaborators

The role

What it owns and where its authority ends

Desk

Custody & Asset Servicing

Desk workflow

Event capture, then entitlement calculation, then client notification, then election capture, then instruction to market, then posting. Mandatory and voluntary events; voluntary elections run against tight, hard deadlines.

Collaboration

Calls several specialists in parallel

Decision boundary

Acts only within an explicit policy, permission and escalation boundary.

Systems and capabilities involved

  • Client notification channels

  • Election / proxy register

  • Proxy voting agent (ISS/Broadridge)

  • Standing-instruction store

Handoffs

What this role gives and receives

Capabilities offered

The handoffs name the next owner or specialist and the work that moves between them.

Context

What the role needs to do the work

Current work
The event, the holder list, election/vote status per holder.
Prior interactions
How each client typically elects (standing instructions).
Policies and reference
Voluntary-event option mechanics, proxy-voting rules, default logic.
Working method
Not specified for this role.

Illustrative workflow

How the work moves

Starting point

Corporate-actions agent hands over a tender offer for client notification.

  1. 01

    Notify all affected holders with the option terms and deadline.

  2. 02

    Apply standing instructions where they exist; capture fresh elections otherwise.

  3. 03

    Send escalating reminders to non-responders; apply default at the deadline.

Result

All holders notified, valid elections captured and instructed, defaults cleanly applied, with a full register handed back to the corporate-actions agent.

Checks and boundaries

What must be tested or reviewed

  1. 01Election validation against option eligibility; invalid elections bounce back to the client.
  2. 02Deadline guardrail: non-responders get escalating reminders, then the documented default.
  3. 03Immutable register of every election/vote captured and lodged.

Human authority

Acts only within an explicit policy, permission and escalation boundary.

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