Corporate Actions Specialist Job Description
Corporate actions specialist
provides commercial support for Structured Securities (SS) and Global Inflation Linked Bond (GILB) investment management capabilities.
Corporate Actions Specialist Duties & Responsibilities
To write an effective corporate actions specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included corporate actions specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Work with line-management to ensure people receive the required systems training and are familiar with relevant processes and controls as per agreed guidelines and procedures
Identify and implement process improvements that increase efficiencies and/or reduce risk
Interpreting complex Domestic voluntary re-organization offers
Manage the transfer/handover of events from the EI team to the processing team
Check, maintenance, processing and booking of event data / corporate action data
Upload, check, maintenance and plausibility check of asset prices
Where volumes are high, flag any potential service delivery issues as early as possible and assist other team members as directed by your Team Leader
Processing of NAV calculation
Contribution to implementation for new instruments in the back-office system within the new products process
Automation of operational procedures
Corporate Actions Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Corporate Actions Specialist
List any licenses or certifications required by the position: WORK, DTC, IFIC, CSC, CFA
Education for Corporate Actions Specialist
Typically a job would require a certain level of education.
Employers hiring for the corporate actions specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Financial Services, Economics, Accounting, Education, Communication, Associates, Business/Administration, Writing
Skills for Corporate Actions Specialist
Desired skills for corporate actions specialist include:
SWIFT standards
Investment Fund Industry and Securities Market
MS Excel
MS Office
Securities instruments/settlements and investment process
Data vendor systems
Asset Servicing Operations
Methods
Securities industry
Systems
Desired experience for corporate actions specialist includes:
Prompt and accurate data input and checking to ensure Key Performance Indicators of 99.75% accuracy and 97.5% timeliness are achieved and exceeded where possible
Ensure all records and closed files are sorted according to agreed filing standards and archived as required
On-going review of daily controls and communication of any new training or suggested procedural changes to supervisor
Ensure audit, client, compliance, management and trustee queries are highlighted, thoroughly investigated and responded to in a timely manner
Possess college degree,preferably with a finance background
25 days holiday (excluding bank holidays) plus opportunity to purchase up to 5 extra days
Corporate Actions Specialist Examples
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Corporate Actions Specialist Job Description
Job Description Example
Our company is looking to fill the role of corporate actions specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for corporate actions specialist
- Trains associates on various duties and Reorg procedures
- Facilitates advanced allocations of cash/stock to ensure proper credit to investors
- Maintaining and reconciling various general ledgers and suspense account
- Acts as a resource and/or escalation point for Reorg Department co-associates
- Plays an active role in collaborative discussions/meetings pertaining to process and service improvements with internal departments, and outside vendors
- Communicate effectively with internal and external parties to answer queries and resolve issues linked to the lifecycle of the corporate action event
- Participate in project related work
- Daily communication with vendors on pricing and corporate action challenges
- Acting as reviewer for processing, maintenance and booking of pricing data and corporate actions
- Flag any potential service delivery issues as early as possible and assist other team members as directed by line-management, and be competent to perform daily BAU tasks if needed
Qualifications for corporate actions specialist
- Prior Corporate Actions experience a plus
- Degree is an advantage not a prerequisite
- Act as peer and train new employees, ensure control and procedures are adhered
- Ensure audit, internal and external client, compliance, management queries are highlighted, thoroughly investigated and responded to in a timely manner
- Work with line-management streamlining operational processes to reduce risk and improve efficiency
- Minimum BA degree (Finance, Economics, Law)
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Corporate Actions Specialist Job Description
Job Description Example
Our growing company is looking to fill the role of corporate actions specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate actions specialist
- Understanding and enriching the data for optimized investment decisions
- Identify potential enhancements to asset service process
- Liaising with product managers to define the future strategy of the XSP products
- Agreeing and assisting with the creation of Business procedures/process
- Delivering training to business users
- Communicating and reporting effectively with all stakeholders, users and team members, providing regular reassurance regarding progress and taking control of potential conflicts of interest and priorities between business groups
- Creating test and migration plans orchestrating and executing these plans in conjunction with IT and users
- Constructively raising key issues and risks on projects particularly in regard to operational matters
- Make use of our main frame system corporate actions information from custodians, vendors and other related parties to allocate distributions to the appropriate client accounts
- Have regular contact with internal and external customers to solve problems and conduct research/special requests through the use of email, telephone and our internal inquiry system
Qualifications for corporate actions specialist
- Bachelor’s Degree in Business, Finance, or related field, or the equivalent in industry work experience
- Minimum of 2-5 years Financial Services experience, Corporate Actions experience preferred
- Bachelor’s degree in Economics, Finance or Business preferred
- 2-5 years of Corporate Actions experience is preferred, but not required
- Extremely detail oriented, ability to organize, prioritize tasks and work in a deadline oriented environment
- Control and coordinate the accurate and timely processing of various forms of complex and high risk corporate action notifications and responses
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Corporate Actions Specialist Job Description
Job Description Example
Our company is looking for a corporate actions specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for corporate actions specialist
- Possess excellent verbal and written skills are a must as direct daily contact with customers, depositories and transfer agents is an integral part of the position
- Scrubbing Announcements from Market Data Vendors, Company Information, and Depositories and Agents
- Input information into Corporate Action platform for Income and Mandatory Actions
- Identify complex events and communicate to team members
- Processing of Class Action suits
- Process all voluntary and mandatory corporate action transactions
- Establish and maintain master security files on trust accounting system as needed
- Serve as liaison with class actions external partner to file claims for class action settlement proceeds
- Process income on ordinary and ADR shares of non-US securities in a timely, accurate and complete manner
- Process all transactions related to assets held away from bank
Qualifications for corporate actions specialist
- Undertake business analyst tasks as part of the project lifecycle including the development of process maps, business requirement documents, functional specifications, test and business migration plans
- Participation in the creation and maintenance of overall current state and future state process flows and operating models
- Participate in project and resource planning
- Work with project managers, product and IT and have input into strategic roadmap planning
- Develop a good working relationship with clients/users, partners, colleagues globally
- Actively work with the head of Professional Services to maximise the XSP EMEA return and profitability
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Corporate Actions Specialist Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of corporate actions specialist. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for corporate actions specialist
- Manage the disbursement and confirmation of voluntary election instructions via Swift and/or email with numerous custodians & prime brokers while abiding by multiple deadlines throughout the day
- Reconcile and process global mandatory & voluntary event payments across numerous portfolios
- Research and resolve inquiries from both internal & external counterparties including custodians, prime brokers & administrators
- Identify, research, and distribute notifications to multiple groups pertaining to exceptional/high risk events such as non-standard delisting’s and high exposure takeovers
- Handle class action claims by working with an industry leading provider to maximize settlement award recovery
- Provide support with tasks outside of the day to day such as provider & administrator performance monitoring & procedure/controls documentation
- Corporate actions custody functions related to securities accounts
- Duties include daily interpretation, monitoring, scrubbing, and notification of corporate action events the reconciliations, monitoring, and postings to client accounts
- Client Services and customer interaction
- Operations and data processing
Qualifications for corporate actions specialist
- Continually asses the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructures, and the impact of new technology
- Be able to demonstrate a high level understanding of global corporate action processing, including the full SWIFT corporate actions message types gained in either a front, middle, support or technology related role
- Have experience in writing functional specifications for financial market products
- Will be well organized and understand the project management process
- Have the ability to effectively communicate product functionality targeted to
- The needs of our clients, sometimes in a POC/workshop environment
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Corporate Actions Specialist Job Description
Job Description Example
Our innovative and growing company is hiring for a corporate actions specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate actions specialist
- You will present details of offerings to the client base (including Prime Broker and Trading Account Representatives) in an accurate, condensed, timely, and professional manner
- You will collect and execute client instructions, and send details of liabilities to the relative parties
- You will interact with our Securities Lending and Repo desks
- You will process entitlement transactions, and be accountable for reconciling events in entirety and subsequent differences
- You will respond to verbal and nonverbal inquiries from our key partners, and ensure all relevant documentation and recordkeeping is maintained within our event files
- Provide operation support to CA PM for special projects including research related activities
- Prepare and send project plans to CA PM to forward to clients and counsel
- Coordinate the sale of fractional shares resulting from split/spin-off and funding
- Review, reconcile and approve calculation report from CTS/CA technical team
- Other duties or tasks assignment by management
Qualifications for corporate actions specialist
- Will be able to quickly and effectively identify and resolve functional issues
- Excellent communication skills to both internal and external clients
- Prepared to travel and to
- Ability to process transactions timely and accurately
- Relevant experience within a bank or financial institution
- Strong understanding of the different corporate actions events