Job Description

Reference # : 22-00047Title : Corporate Actions SME
Location : Jersey City, NJ
Position Type : Contract
Experience Level : Start Date / End Date : 01/17/2022 / 01/16/2023
Description
Description:

Job Purpose:
Responsible for the accurate and timely processing of equity and fixed income Voluntary corporate action events across markets.

Job Background/context:
The Corporate Actions areas purpose is to reconcile the entitled positions and then manage the risk to the firm and clients on securities undergoing a corporate event. The unit provides client-orientated support and utilises all processes of the other operational areas.
Key Responsibilities:

-Subject Matter Expertise on the processing of Voluntary Corporate Actions
-Front to back risk management across Elective events
-Reconciliation of Clients security holdings on internal systems across all platforms for both sub custody and global custody
-Support of Agency Lending processing, liaising with counterparties on deadlines, elections and entitlement processing
-Manage the risk of accurate and timely receipt and application of instructions received, against the security holdings.
-Timely Payment and reconciliation of all entitlements
-Management of risk, collating and applying instructions for any elective events against the security holdings.
-Calculation and allocation of new entitlements to position holders received as the result of a corporate action.
-Proactive management and active resolution of break items.
-Support and cover for team colleagues during period of extensive volume, holiday and cross training.
-Adhere to Corporate hygiene in a timely manner
-Understand and adhere to Restricted List and Sanction processes
-Support any market and business initiatives
-Proactive daily management of Checklists, End od Day Controls and Event level controls
-Collaborate with global Asset Servicing partners to being global consistency to processing, controls and client support

Person Specification
Knowledge/Experience:
-3+ years Corporate Action experience
-Able to deal with high pressure situations and ability to prioritise in a timely manner successfully is essential.
-Good risk management approach. Skills:
-The incumbent needs to be numerically & computer literate due to the numerous system applications.
-Must have eye for detail.
-Must have good excel, Word and PowerPoint skills.
-Good communication and client service skills.
Qualifications:
-Educated to A-Level standard minimum
Exceptional candidates who do not meet this criteria may be considered for the role provided they have the necessary skills and type of experience.
Competencies
-Client service focussed.
-Must possess the ability to work well under pressure in a fast paced environment, be able to manage tight deadlines and situations where conflicting priorities arise on a daily basis.
-Excellent written and verbal communication skills are essential.
-Able to successfully react to workload changes.
-Demonstrate strong team player approach.
-Strong organisational skills.
-Self-motivated and have an active approach to problem solving.
-Strong attention to detail
-Innovative and change mindset

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