Administrative - Corporate Actions

Role & responsibilities

• Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts.
• Receives guidance from more experienced staff.
• With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits.
• Reconciles, monitors and posts entitlements to client accounts.
• Responsible for daily and monthly outlier review, research and documentation.
• Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures.
• Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians.
• Works on multiple systems to perform corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions.
• No direct reports.

Preferred candidate profile

• Bachelors degree in a related discipline or the equivalent combination of education and experience is required.
• 2.5 to 3 years of work experience mandatory.(Corporate Action Income knowledge & Reconciliation knowledge required )
• Experience in financial services or corporate actions preferred.
• Applicable local/regional licenses or certifications as required by the business.
• Flexible in shifts
• Knowledge of MS Office